Vitruvian to acquire a majority stake in Expereo from Apax Partners.

Vitruvian Partners, an international growth capital and buyout firm, agreed to acquire a majority stake in Expereo, a provider of Managed Internet, Cloud access and SD-WAN solutions, from Apax Partners. Financial terms were not disclosed. "Vitruvian Partners will further bolster our ambitious growth trajectory, enabling us to capitalize even faster on the fundamental changes and opportunities digital transformation brings in the global network and cloud connectivity space. Vitruvian and the continued support of Apax Partners, will enable us to further build out our leadership position at scale whilst broadening our services suite, enabling our global enterprise customers' network transformation and cloud-first strategies with enhanced internet and cloud access services with a single, best-in-class, digital customer experience," Irwin Fouwels, Expereo CEO.