Can Apax Partners expect high returns from its investment in Indian IT player Zensar?

Zensar Technologies Ltd turned out to be a terrific investment for private equity fund Electra Partners. Including dividends, the value of its investment rose by about 19 times, generating an annual return of 18% over an 18-year period. Now, Apax Partners has bought Electra’s 23.2% stake in Zensar for around Rs.860 crore. Will it be as successful and can investors expect similar high returns going forward?