Fractal Analytics in talks to raise $200m from Apax Partners

Fractal Analytics is in advanced talks to raise a little over $200 million from private equity firm Apax Partners, said two people aware of the development, requesting anonymity. Apax’s investment will involve both primary and secondary components, and result in the exit of some key shareholders. Once the deal is complete, Apax will hold a significant minority stake, said the first person cited above.