Apax Digital hires Catalyst Investors’ Mia Hegazy

Hegazy will focus on growth buyouts and growth minority deals in the consumer internet and enterprise technology sectors.

Apax Digital, the growth equity unit of Apax Partners, hired Mia Hegazy from Catalyst Investors, PE Hub has learned.

Hegazy started at the firm on March 23 as a principal, Apax told PE Hub. She will be based in New York.

Prior to joining Apax, Hegazy spent more than six years at Catalyst, a growth equity firm focused on technology-enabled services, cloud computing, wireless infrastructure, healthcare and digital media. She started her career as an investment banking analyst at Berenson and Company.

Hegazy while at Catalyst served on the boards of Weave HQ, Envoy Global, PresenceLearning, Galvanize, Datavail and Jobvite.

At Apax Digital, Hegazy will focus on sourcing and executing growth buyouts and growth minority deals in the consumer internet and enterprise technology sectors.

Within the consumer internet space, Apax Digital invests in marketplaces, content and digital media, disruptive e-commerce and mobile. Within enterprise technology, the firm invests in tech-enabled services, vertical software, horizontal platforms and data and analytics, according to the firm’s website.

The firm is investing out of Apax Digital Fund, which closed on $1 billion in December 2017. The firm’s investments include MetaMetrics, ClassPass, Wizeline and Moda Operandi.

In March, Apax Digital invested in Accurate Background, an Irvine, California-based provider of compliant, automated workforce screening solutions. The acquisition was combined with its previous acquisition of CareerBuilder Employment Screening (CBES), which it bought from CareerBuilder, according to the firm’s announcement.

Action Item: See Apax Digital’s recent form ADV.