Apax Partners stands to score a 10,000% gain on its 2005 investment in King Digital Entertainment as the maker of smartphone game Candy Crush Saga prepares its initial public offering.

Four months after it put itself up for sale, clothing company Tommy Hilfiger Corporation agreed to accept a $1.6bn (€1.3bn) or 16.80 dollars a share, cash bid from Apax Partners, a private investment company.