Marina Holdco (FPI), a company backed by Funds advised by Apax Partners (Apax Funds and together Apax) have acquired 23.2% stake in Zensar Technologies. The stake was acquired from Electra Partners Mauritius, an existing minority shareholder. RPG Group continues to be the promoter and the largest shareholder in the company with a 48% stake.
Zensar is a leading provider of technology services to marquee global clients in the Manufacturing, Retail and Hi-Tech verticals. Zensar has end-to-end capabilities in Oracle implementation and maintenance and is the industry leader in E-commerce solutions.
