Apax Funds, a global private equity firm based in the UK, has acquired Foods Connected, a U.S.-based technology company that specializes in improving food safety and sustainability within supply chains. The deal was announced on July 1, 2025.

AcquirerTargetDeal ValueType of TransactionDate of CloseBuy-Side AdvisorsSell-Side AdvisorsLegal Buy SideLegal Sell Side
Apax Funds (GB)Foods Connected (US)<Not Disclosed>AcquisitionJuly 1, 2025<Not Disclosed><Not Disclosed><Not Disclosed><Not Disclosed>

Deal Mechanics

The financial terms of the acquisition were not disclosed by either party involved.

Strategic Rationale

Apax Funds aims to support Foods Connected in scaling its operations globally while enhancing food safety, quality, compliance, and sustainability measures within supply chains. The investment aligns with Apax's focus on operational excellence and impactful solutions for the technology sector.

Financial Context

Foods Connected provides a digital platform that enables transparency in the food industry by tracking products from farm to table, ensuring compliance with regulations such as FSMA (Food Safety Modernization Act) and supporting sustainable practices throughout supply chains. This acquisition is expected to strengthen Foods Connected’s position as an innovator in digital transformation for safer and more sustainable food systems.

Advisors

No details were made available regarding the financial or legal advisors involved with either side of the transaction.

Outlook

The investment by Apax Funds is anticipated to accelerate Foods Connected’s growth strategy and further establish its leadership in leveraging technology for enhanced food safety standards and sustainable practices across global supply chains. The partnership seeks to drive innovation while fostering operational excellence within the food industry.