Apax Partners acquisition of 23.2% stake in Zensar Technologies

Overview:

• Apax Partners has acquired a 23.2% stake in mid-tier infotech firm Zensar Technologies by buying out investor Electra Partners.
• The acquirer is interested in middle-rung technology and business process outsourcing companies. 
• Zensar is a provider of technology services to clients in the manufacturing, retail and financial services sectors. 
• Electra Partners' sale comes nearly two decades after the private equity fund invested in Zensar. 

Katrin Kostadinova - Data analyst