Apax Partners

Azentio Software wins three honours at IBSi Digital Banking Awards 2024

Retrieved on: 
Mardi, avril 30, 2024

SINGAPORE, April 30, 2024 /PRNewswire/ -- Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious Cedar-IBSi Digital Banking & AI Summit, on April 19 in Bengaluru, India. The company was declared Segment Winners I SME/Corporate Banking, Regional Winners I Middle East & Africa, and Segment Winners I Compliance Management.

Key Points: 
  • SINGAPORE, April 30, 2024 /PRNewswire/ -- Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious Cedar-IBSi Digital Banking & AI Summit, on April 19 in Bengaluru, India.
  • CBG has leveraged Azentio ONEBanking to seamlessly integrate digital processes and online services, thereby, enhancing customer experience with convenient, secure, and efficient banking solutions.
  • This digital shift not only streamlines operations for the bank but also reinforces its commitment to modernizing the banking sector in Ghana.
  • Nikhil Gokhale, Director - Research & Digital Properties at IBS Intelligence, stated, "Congratulations to Consolidated Bank Ghana and Azentio for their win at the IBSi Digital Banking Awards 2024.

Shivani Tejuja Joins Bluecore Board of Directors

Retrieved on: 
Lundi, mars 18, 2024

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Bluecore , a retail shopper identification and customer movement technology, today announced the appointment of Shivani Tejuja to the company’s Board of Directors.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Bluecore , a retail shopper identification and customer movement technology, today announced the appointment of Shivani Tejuja to the company’s Board of Directors.
  • “Bluecore completely reimagines what retail marketing is capable of, moving above channel-led practices to provide true customer-centricity.
  • I’m thrilled to join their Board of Directors at such an exciting time in their growth and look forward to working with the team as they bring their solution to more retailers,” said Shivani Tejuja, Member of the Board of Directors at Bluecore.
  • “It’s my absolute pleasure to welcome Shivani to our Board of Directors.

Engine Nominates Two Highly Qualified Candidates for Election to MRC Global’s Board of Directors at the 2024 Annual Meeting

Retrieved on: 
Mardi, mars 19, 2024

Arnaud Ajdler, Engine’s Founder and Managing Member, commented:

Key Points: 
  • Arnaud Ajdler, Engine’s Founder and Managing Member, commented:
    “Engine has spent months engaging with MRC on its current strategy, capital allocation approach and Board composition.
  • Considering the size of our ownership position and our significant concerns, it is disappointing the Company has resisted working with us.
  • In our view, a Board that owns de minimis stock should not be willing to spend stockholder capital to keep an investor-designee from serving on a nine-member Board.
  • We look forward to engaging with our fellow shareholders on the case for adding stockholder-designees to MRC’s boardroom.

Waud Capital Partners Announces Partnership with Software Leader Mark Layden

Retrieved on: 
Lundi, mars 18, 2024

CHICAGO, March 18, 2024 /PRNewswire/ -- Waud Capital Partners ("Waud Capital"), a growth-oriented middle-market private equity firm, announced today that it has entered into a partnership with Mark Layden to acquire companies and assets in the enterprise application software market. This marks the second partnership between Waud Capital and Mr. Layden, having previously joined together to acquire and grow CyberGrants, a corporate social responsibility software platform where Mr. Layden served as CEO. Waud Capital will invest alongside investments from Mr. Layden and co-investors.

Key Points: 
  • CHICAGO, March 18, 2024 /PRNewswire/ -- Waud Capital Partners ("Waud Capital"), a growth-oriented middle-market private equity firm, announced today that it has entered into a partnership with Mark Layden to acquire companies and assets in the enterprise application software market.
  • This marks the second partnership between Waud Capital and Mr. Layden, having previously joined together to acquire and grow CyberGrants, a corporate social responsibility software platform where Mr. Layden served as CEO.
  • "This partnership with Mark is another example of Waud Capital's commitment to fostering long-term relationships with high-caliber executives," said Matthew Clary, Partner at Waud Capital.
  • "We are incredibly excited to renew our partnership with Mark," said Paul Sutphin, Principal at Waud Capital.

Paycor Announces Pricing of Offering of Common Stock by Selling Stockholders

Retrieved on: 
Jeudi, mars 7, 2024

The offering consists of 5,651,106 shares offered by Pride Feeder, LP and 2,348,894 shares offered by AIX Pride Syndication L.P., respectively.

Key Points: 
  • The offering consists of 5,651,106 shares offered by Pride Feeder, LP and 2,348,894 shares offered by AIX Pride Syndication L.P., respectively.
  • Each of the selling stockholders are controlled by investment funds advised by Apax Partners LLP.
  • Pride Aggregator, LP will distribute 11,038,476 shares of Paycor’s common stock to its limited partners prior to the closing of the offering, including the selling stockholders.
  • These forward-looking statements reflect Paycor’s current intentions, expectations or beliefs regarding the common stock offering.

Paycor Announces Offering of Common Stock by Selling Stockholders

Retrieved on: 
Mercredi, mars 6, 2024

Each of the selling stockholders are controlled by investment funds advised by Apax Partners LLP.

Key Points: 
  • Each of the selling stockholders are controlled by investment funds advised by Apax Partners LLP.
  • Pride Aggregator, LP will distribute 11,038,476 shares of Paycor’s common stock to its limited partners prior to the closing of the proposed offering, including the selling stockholders.
  • The proposed offering of common stock will be made pursuant to the Company’s shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (“SEC”) and declared effective.
  • These forward-looking statements reflect Paycor’s current intentions, expectations or beliefs regarding the proposed common stock offering.

Tornante Company and Madison Dearborn Partners Sell TDS Gift Cards to Ziff Davis

Retrieved on: 
Jeudi, février 22, 2024

Michael D. Eisner’s Tornante Company and Madison Dearborn Partners (“MDP”) today announced that they have sold TDS Gift Cards to Ziff Davis (Nasdaq: ZD) in an all-cash transaction.

Key Points: 
  • Michael D. Eisner’s Tornante Company and Madison Dearborn Partners (“MDP”) today announced that they have sold TDS Gift Cards to Ziff Davis (Nasdaq: ZD) in an all-cash transaction.
  • The sale marks the last piece of the former Topps companies portfolio, which was owned by Tornante Company and funds affiliated with MDP, to be sold, and ends a partnership that began in 2007.
  • “This all started with reading an article about Topps back in 2007 that sparked our interest in the company.
  • Madison Dearborn Partners, LLC is a leading private equity investment firm based in Chicago.

AAOIFI accords Azentio Software's iMAL latest version with compliance certification for 2024

Retrieved on: 
Mercredi, février 21, 2024

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has announced that iMAL™ latest version and the company's industry-leading digital Islamic core banking platform, has successfully completed the annual compliance exercise and received the certification for the year 2024 from the Accounting and Auditing Organization for Islamic Financial Institutions - AAOIFI, the world's renowned standard-setting body for the Islamic financial services industry.

Key Points: 
  • Azentio's Shariah Compliance team keeps track of newly issued standards and exposure drafts to ensure iMAL™ clients get a solution capable of offering products and services aligned with AAOIFI Standards and industry trends.
  • The latest version of iMAL™ comes with more security capabilities, and wider features to streamline processes related to taxation and reporting, with enhanced user-friendly dashboards and access privileges.
  • Omar Mustafa Ansari, Secretary General of AAOIFI, commented, "We are pleased to conclude the review of the latest version of iMAL™ for the year 2024, which was conducted to verify its compliance with AAOIFI Shariah Standards and AAOIFI Financial Accounting Standards.
  • Being awarded the compliance certification by AAOIFI since 2008 is a big achievement for Azentio and reaffirms our standing as pioneers in the global marketplace.

Azentio Software's iMAL™ powers Kurdistan International Islamic Bank's digital transformation journey

Retrieved on: 
Jeudi, janvier 25, 2024

SINGAPORE, Jan. 25, 2024 /PRNewswire/ -- Kurdistan International Islamic Bank for Investment and Development ("KIB"), a leading Islamic financial institution in Iraq, has embarked on a digital transformation journey with the adoption of iMALTM , the industry-leading Islamic core banking platform from Azentio Software , a Singapore-headquartered technology firm owned by funds advised by Apax Partners.

Key Points: 
  • SINGAPORE, Jan. 25, 2024 /PRNewswire/ -- Kurdistan International Islamic Bank for Investment and Development ("KIB"), a leading Islamic financial institution in Iraq, has embarked on a digital transformation journey with the adoption of iMALTM , the industry-leading Islamic core banking platform from Azentio Software , a Singapore-headquartered technology firm owned by funds advised by Apax Partners.
  • The omnichannel solution will accelerate customer onboarding and digital adoption, while simplifying our banking operations across channels, applications, and mobile phones."
  • With its feature-rich portfolio, iMALTM will help KIB address the stringent demands of digital transformation.
  • The new version comes with exceptional features and functions that are imperative to operate according to the rules of the Islamic Sharia.

Azentio Software and Regula join hands to reinforce identity verification for digital onboarding

Retrieved on: 
Mardi, janvier 23, 2024

SINGAPORE, Jan. 23, 2024 /PRNewswire/ -- Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced a strategic partnership with Regula, a global developer of forensic devices and identity verification (IDV) solutions.

Key Points: 
  • This partnership will enable Azentio to harness Regula's expertise in identity verification and thereby, boost its ability to seamlessly embed IDV in its digital onboarding solutions.
  • Two Regula's solutions, Regula Document Reader SDK and Regula Face SDK , will be integrated with Azentio ONEBanking and Azentio ONECapitalMarkets platforms.
  • With a complete identity verification flow, Regula Document Reader SDK will ensure automated and secure identity proofing, while Regula Face SDK will instantly perform biometric verification including liveness detection and face matching within a single interaction.
  • Regula Face SDK will help Azentio's clients reinforce identity verification with biometric checks, using the solution's advanced face matching and liveness detection technologies.