Apax to make 3x on Genex Services sale


Apax Partners, Genex Services, Stone Point Capital, healthcare, private equity, mergers, M&A
Photo courtesy of 6okean/iStock/Getty Images
  • Stone Point previously invested in Genex in 2007
  • Wayne, Pennsylvania, company employs >2,900
  • Apax also owns medical-cost-containment company One Call/Align
 Apax Partners is poised to generate a 3x return on invested capital through the sale of Genex Services, according to a source familiar with the matter. The European buyout shop is selling the provider of medical managed care for injured ...

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