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Synopsis
Apax Partners completed the acquisition of CyberGrants, a provider of Software-as-a-Service solutions for corporate social responsibility, employee engagement, and volunteer management, from private equity firm Waud Capital Partners. Financial terms were not disclosed. "We are thrilled to partner with CyberGrants and we look forward to supporting them in their mission to help organizations maximize their impact. For over a decade, Apax and the Apax Funds’ portfolio companies have strived to achieve measurable ESG and CSR objectives, and we continue to look for ways to increase our positive impact on society and the environment. These initiatives are made easier with the help of companies like CyberGrants," Jason Wright, Apax Partner.
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