Purchased NGP VAN, the Democratic Party's long-standing political software and data system, in 2021 for $700 million, renaming it Bonterra. As of April 2025, Democratic Party-connected clients have argued for alternatives due to allegations of significant layoffs and budget cuts since the acquisition. The company stores data for the DNC and serves Democratic campaigns nationwide.
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Apax Partners
Maintains active DEI commitment with Inclusion and Diversity committee recruiting more female investment professionals. Joined ILPA's Diversity in Action Initiative demonstrating commitment to advancing DEI. Apax Foundation has donated over £30 million to organizations including Breaking Barriers (refugees), Opportunity Network (education equity), Impetus (UK welfare), and BUILD NYC (entrepreneurial training). Claims every person at Apax has responsibility to foster inclusive environment.
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Apax Partners — DEI: SUPPORTED Maintains active DEI commitment with Inclusion and Diversity committee recruiting more female investment professionals. Joined ILPA's Diversity in Action Initiative demonstratin… https://reciepts.tech/stance/1581
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See all →Senior partner Erez Nahum filed lawsuit in 2025 seeking approximately NIS 10 million plus $4-5 million in equity for alleged unlawful dismissal, harassment, defamation, and emotional distress from Apax Israel head Zehavit Cohen. Nahum led five of six major Israeli investments and was promoted to sole partner alongside Cohen in late 2024 before departing. Separately, the firm has lost more than half its senior dealmakers over five years, concerning some investors considering new fund commitments.