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Financial Investment

Investment Company

Name
Grupo Itevelesa, S.A.
Sector
Financial & Business Services
Country
Spain
Initial Inv Date
2004
Business Focus
Spain’s largest independent company of technical inspection of vehicles, is a portfolio of double digit growth and long-time-secured regional concessions
Contact
Rozabella
2 Europa Empresarial-Edificio Berlín
Las Rozas, Madrid
28230
+34 91.640.40.70
www.itevelesa.com
November 18, 2004

Vista Capital and Apax Partners’ Funds purchase Grupo Itevelesa

Itevelesa is one of the leading companies in the Spanish market for the technical inspection of vehicles, second-hand vehicle inspection, and industrial testing and certification.

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News

August 7, 2007

Apax Partners sells Global Refund to Barclays Private Equity
The shareholders of Global Refund Holdings BV, which include funds advised by Apax Partners, have reached an agreement for the sale of the Company to Barclays Private Equity. The transaction values the Company at more than €360 million.

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June 13, 2007

Acquisition of Hub International completed
Hub International Limited announced today the completion of the plan of arrangement pursuant to which funds advised by Apax Partners together with Morgan Stanley Principal Investments acquired all of Hub’s common shares for $41.50 per share.

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March 27, 2007

Travelex to acquire Ruesch International
Travelex, the world’s largest non-bank provider of international payment services, announced today that it has agreed to acquire Ruesch International from Welsh, Carson, Anderson & Stowe for US$440 million.

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