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Apax Partners sells bulk of its stake in Persistent Systems with blockbuster IRR

By TEAM VCC

  • 27 Aug 2014
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Apax Partners sells bulk of its stake in Persistent Systems with blockbuster IRR

Global private equity investor Apax Partners has sold three fourth of its holdings in Pune-based Persistent Systems Ltd, a software product and technology services provider, in a super quick churn of investment scoring a super normal internal rate of return (IRR) in the process.The transaction was through Apax Partners Europe ......

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