The Apax Global Impact Fund acquired a majority stake in Foods Connected to enhance food safety and sustainability through integrated software solutions.

Target Information

Foods Connected is a leading provider of software solutions designed to enhance safety, quality, compliance, and sustainability within global food supply chains. The company offers integrated risk management software that supports large food producers, retailers, and restaurants in optimizing their production processes. By transitioning away from traditional spreadsheets and paper-based documentation, Foods Connected effectively reduces risks, enabling businesses to meet high standards of food safety and quality.

Industry Overview

In recent years, the food industry has faced increasing scrutiny and pressure to improve safety, quality, and sustainability. This shift is largely driven by regulatory changes, consumer demand for transparency, and an overall push towards more responsible food sourcing and production practices. As a result, food businesses are prioritizing the adoption of innovative technological solutions to address these challenges.

The software market for food safety and compliance has seen substantial growth as key players in the industry recognize the need for efficient risk management practices. Major food retailers and producers are increasingly investing i