Apax Partners, Inc. is a principal investment firm specializing in investments in early stage, management buyouts, buy-ins, and recapitalizations. The firm typically invests in information technology including hardware, software, electronics, and services; media; telecommunications including network services, network technology, and user technology; healthcare including therapeutics and drug discovery technologies, medical devices and diagnostics, and healthcare services; financial services including fund management, distribution, and processing, specialty finance and insurance; and retail and consumer including specialty retail, consumer products, food retail, leisure, and entertainment. Apax Partners, Inc. seeks to invest between $10 million and $100 million in an early stage enterprise. In the leveraged acquisitions, the firm seeks businesses with minimum revenues of $100 million. It typically acquires majority stakes and does not syndicate investment outside its investor group. Without syndication, the Apax Partners' family of funds can support buyouts of $2 billion or more. The firm was previously known as Patricof & Co. Ventures. Patricof & Co. Ventures merged with Apax Partners Ltd. in August 2002 and was renamed Apax Partners, Inc. It is based in New York City and has an additional office in Menlo Park, California.