16 April 2024

Bain Capital agrees to sell UK payroll software company Zellis, acquired in 2017, to Apax Partners; sources say the deal values Zellis at ~£1.25B (Bloomberg)

Bloomberg:
Bain Capital agrees to sell UK payroll software company Zellis, acquired in 2017, to Apax Partners; sources say the deal values Zellis at ~£1.25B  —  - Apax said to fund deal with £450 million private credit loan  — Zellis counts Harrods and carmaker Jaguar among its customers

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