Articles from Audax Private Equity

Audax Private Equity (“Audax”), a capital partner to middle market companies, announced today that it has acquired a majority stake in Lanter Delivery Systems (“Lanter”) from Equity Group Investments (“EGI”), the private investment firm founded by Sam Zell. Terms of the deal were not disclosed.

Audax Private Equity (“Audax”), a capital partner for middle market companies, was recognized in the 2024 HEC-Dow Jones Large Buyout Performance Ranking, published on February 6, 2025. This is the second year in a row that Audax Private Equity was included in the global ranking, which analyzed performance data from 649 private equity firms to compile a ranking of the top 20 PE managers based on aggregate performance across multiple funds, which puts the firm among the top three percent of large buyout managers in the study.

Audax Private Equity (“Audax”), a capital partner for middle market companies, announced today that it has completed the sale of Proud Moments ABA, a provider of applied behavioral analysis (ABA) therapy to children with autism. Providence-based private equity firm Nautic Partners acquired Proud Moments. Terms of the deal, which was completed on February 3, 2025, were not disclosed.

Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today it has sold portfolio company EIS (or “the Company”), a value-added distributor of process materials and production supplies used in electrical and electronic applications. Terms of the deal are not disclosed.

Audax Private Equity (“Audax”) has completed its acquisition of the clinical services business of Avantor, Inc. (NYSE: AVTR) and, in close collaboration with the employees, has re-branded the business as Resonant Clinical Solutions (“Resonant” or “the Company”).

Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today an investment in Total PowerGen Solutions (“TPGS”). Audax is acquiring TPGS from Trivest Partners. Terms of the deal are not disclosed.

Audax Private Equity (“Audax”), a capital partner for middle market companies, announced today an agreement to sell United Urology Group (“United Urology” or "UUG") to OneOncology, a national network of leading independent oncology practices. Terms of the deal, expected to be completed by the end of 2024, were not disclosed.

Audax Private Equity (“Audax”) announced today it has entered into a definitive agreement to acquire the Clinical Services business of Avantor, Inc. (NYSE: AVTR) (“Clinical Services” or “the Company”). The deal is expected to close in the fourth quarter and is subject to regulatory approvals.

Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies that seeks to facilitate transformational growth, announced today the sale of portfolio company ELM Home & Building Solutions (“ELM” or "the Company"). Through the deal, ELM’s LeafGuard® direct-to-consumer (DTC) gutter-system brand and Englert® roofing products business will be joining Great Day Improvements, a leading national DTC home-remodeling company.

Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies that seeks to facilitate transformational growth, announced today a recapitalization of portfolio company FDH Aero (“FDH”). This strategic transaction was led by NB Capital Solutions with additional funds advised by Neuberger Berman (together “NB”) joining the ownership group as a significant minority investor. Terms of the deal are not being disclosed.

Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies that seeks to facilitate transformational growth, was recognized as the “Mid-Market Firm of the Year, North America,” in the 2023 PEI Awards. This recognition, determined through a vote of industry peers and practitioners, marks the second year in a row that Audax Private Equity has received this honor.

Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today an investment in Dobbs Tire & Auto Centers, Inc. (“Dobbs”), a leading tire retailer and automotive aftermarket service company with a strong presence in the Midwestern United States.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner to middle market companies, announced a partnership alongside management to invest in Oakbridge Insurance Agency LLC (“Oakbridge” or the “Company”), a leading independent insurance and risk management agency. Oakbridge was formed in December 2020 by Chief Executive Officer and Co-Founder Robbie Smith and Corsair Capital (“Corsair”), a leading financial services investor focused on payments, software, and business services. The transaction includes the sale by Corsair of its investment in Oakbridge. Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner for North American middle market companies, announced today it has completed the previously announced sale of CorEvitas, LLC (“CorEvitas”), a leading provider of regulatory-grade, real-world evidence (“RWE”) for approved medical treatments and therapies. Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”) acquired the company in a deal that closed on August 14, 2023.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner to middle market companies, completed its previously disclosed strategic investment in Congress Wealth Management (“Congress”), a Boston-based, independent registered investment advisor (“RIA”). Congress offers wealth management and investment advisory services to high-net-worth (“HNW”) individuals and families throughout the United States. Audax is partnering with management on the investment to recapitalize Congress. Terms of the transaction are not disclosed.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner for North American middle market companies, successfully closed two new funds: Audax Private Equity Fund VII (“Fund VII”) and Audax Private Equity Origins Fund I (“Origins”). Both funds exceeded their respective fundraising targets. Origins closed on $774 million in commitments, while Audax’ flagship vehicle, Audax Private Equity Fund VII, hit its hard cap of $5.25 billion in commitments. Combined with an additional $1.8 billion available through GP co-investment vehicles, the two funds provide Audax with $7.8 billion to deploy across the middle and lower middle markets.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner for North American middle market companies, announced today it has entered into a definitive agreement to sell CorEvitas, LLC (“CorEvitas”), a leading provider of regulatory-grade, real-world evidence for approved medical treatments and therapies, to Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”). The transaction is expected to be completed by the end of 2023.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner to middle market companies, announced a strategic investment in Congress Wealth Management (“Congress”), a Boston-based, independent registered investment advisor (“RIA”) offering wealth management and investment advisory services to high-net-worth individuals and families in the United States. Audax is partnering with management to recapitalize Congress through a transaction in which CI Financial (TSX: CIX) is selling its stake. Terms of the transaction are not disclosed.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner, announced today that it has made a growth investment in Pyramid Laboratories, Inc. (“Pyramid” or the “Company”) to support the continued growth of the Company’s clinical and commercial biologics and advanced therapeutics manufacturing and service operations.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner for North American middle market companies, announced the acquisition of Krayden, Inc. Audax acquired Krayden from Charlottesville, VA-based private equity firm Quad-C Management. Terms of the deal are not disclosed.

Audax Private Equity (“Audax”), a leading alternative investment manager and capital partner for North American middle market companies, received several high-profile awards and rankings in the first quarter of this year. Most recently, in March, the firm was named Mid-Market Firm of the Year in North America in the 2022 Private Equity International (“PEI”) Awards and was voted the “Best of the Best” private equity firm in the mid-cap category by South Korean institutional investors surveyed by The Korea Economic Daily, Global Edition (“KED Global”).

DISA Global Solutions, Inc. (“DISA”), a leading tech-enabled provider of employee testing, screening, compliance, and workplace health and safety solutions, announced the acquisition of Global HR Research (“Global HR” or “GHRR”) from Renovo Capital. The acquisition marks DISA’s second add-on since Audax’ investment in the platform in September, 2022, reflective of Audax’ strategy to accelerate DISA’s growth through M&A. Financial terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) announced a strategic growth investment in Salon Lofts (“the Company”), one of the largest developers and operators of company-owned salon suites. This investment will support Salon Lofts in its mission to provide Beauty Care Professionals (“BCPs”) with the individual space and value-add services to support and grow their own businesses outside of the traditional salon model, allowing them to become Loft Owners.

Audax Private Equity (“Audax”) announced the acquisition of Medi-Weightloss, Inc. (“the Company”), a leading operator of science-based, physician-supervised weight-loss and wellness clinics, with approximately 100 franchised and company-owned locations nationally. Buzz Franchise Brands is co-investing alongside Audax as a minority-stake partner. Financial terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) announced the acquisition of DISA Global Solutions, Inc. (“DISA” or the “Company”), a leading tech-enabled provider of employee screening, compliance, and workplace health & safety solutions, from Court Square Capital Partners. Financial terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced that it has completed the sale of WellSpring Consumer Healthcare (“WellSpring” or the “Company”) to Avista Capital Partners.

Audax Private Equity ("Audax") announced the acquisition of Rensa Filtration ("Rensa" or the "Company"), a manufacturer of consumable, mission-critical air filtration products. Financial terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced it has acquired Thermogenics, Inc. (“Thermogenics” or the “Company”), a leading North American provider of boiler service & maintenance, equipment sales and rentals, from Ironbridge Equity Partners and certain other minority investors. Financial terms of the transaction were not disclosed. Thermogenics represents the first investment by Audax’ Origins Fund I.

Audax Private Equity (“Audax”) today announced it has completed a strategic growth investment in Flow Control Holdings (“FCH” or the “Company”), a premier provider of sanitary flow components to producers of foods, beverages and pharmaceuticals. Financial terms of the transaction were not disclosed. Phil Pejovich, CEO of FCH, will continue to lead the Company alongside the existing management team.

Aspen Surgical Products (“Aspen”), a portfolio company of Audax Private Equity (“Audax”), announced today that Audax has closed on a single-asset continuation fund to support additional investment in Aspen, reaffirming its commitment to the company’s growth strategy. The vehicle, managed by Audax, will be supported by new and returning limited partners, anchored by funds managed by Goldman Sachs Asset Management and Hamilton Lane. Audax and existing Fund VI LPs rolled significant proceeds into the continuation fund as part of the transaction.

Audax Private Equity (“Audax”) today announced that it has entered into a definitive agreement to sell Lifemark Health Group (“Lifemark” or the “Company”), a leading provider of physiotherapy, rehabilitation, and medical assessments in Canada, to Loblaw Companies Limited (TSX: L) ("Loblaw").

Audax Private Equity (“Audax”) today announced that it has completed the sale of Stonewall Kitchen (“Stonewall” or the “Company”), a leading provider of branded specialty food and home good products, to TA Associates.

Audax Private Equity (“Audax”) today announced the creation of Renovo Home Partners (“Renovo” or the “Company”), a newly established platform providing home repair and remodel products and services.

Audax Private Equity (“Audax”) announced today that it has acquired a controlling interest in Centerline Communications LLC (“Centerline”), a leading professional services organization focused on the design, build, and maintenance of wireless and wireline network infrastructure from Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”). This transaction took place in August 2021 and terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced that it has completed the sale of RelaDyne, Inc (“RelaDyne” or the “Company”) to American Industrial Partners (“AIP”). Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced it has completed a strategic growth investment in Integrate.com, Inc. (“Integrate” or the “Company”), a leader in B2B Precision Demand Marketing, an emerging category that helps B2B marketers develop omnichannel demand strategies and drive marketing ROI. Financial terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced that it has completed the sale of MNX Global Logistics (“MNX” or the “Company”), an industry leader in time-critical logistics and managed transportation services, to Quad-C Management (“Quad-C”). Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced that it has successfully completed the sale of Acuant, Inc. (“Acuant”) to GB Group Plc (“GBG”).

Audax Private Equity (“Audax”) announced today a strategic growth investment in Veterinary Practice Partners (“VPP”), a leading veterinary practice management group and portfolio company of Pamlico Capital. This investment will support VPP in its mission to transform the pet health industry by providing the best service and highest quality care to companion animals and their families, while significantly growing its strategic partnerships with veterinarians.

FDH Aero (“FDH”), an aerospace and defense products distributor serving aircraft production and aftermarket supply chains, announced today it has acquired Unical Defense, LLC (“UDI” or “Unical Defense”), a global provider of aftermarket component parts and logistics services for military aircraft, from affiliates of UDI’s founders.

FDH Aero (“FDH”), an aerospace and defense products distributor serving aircraft production and aftermarket supply chains, has acquired Stealth Aerospace (“Stealth”).

Audax Private Equity (“Audax”) announced that its portfolio company, Emplifi, Inc. (“Emplifi”), a leading global provider of SaaS-based, omnichannel consumer experience software, has acquired SYM-SYS LTD (“Go Instore”).

Audax Private Equity (“Audax”) and GCX Mounting Solutions today announced the formation of a strategic partnership under which Audax acquired a majority stake in GCX. Terms of the transaction were not disclosed.

ICP Group (“ICP” or the “Company”), a leading formulator and manufacturer of specialty coatings, adhesives, and sealants serving the construction and industrial end markets, is pleased to announce the appointment of Chris Pappas to its Board of Directors. Mr. Pappas brings extensive executive and board experience with private and publicly traded companies in the specialty chemicals, coatings, adhesives, and sealants markets. Mr. Pappas will help provide guidance to ICP’s growth strategy and continued evolution into one of the largest coatings and adhesives platforms in the industry.

FDH Aero (“FDH”), an aerospace and defense products distributor serving aircraft production and aftermarket supply chains, has acquired Madison Aerospace (“Madison”). The acquisition broadens FDH’s reach with additional product offerings in the OEM segment, serving a diversified customer base.

Audax Private Equity (“Audax”) today announced that it has acquired a majority stake in Covercraft Industries, a leading manufacturer of custom vehicle protection products, from Century Park Capital Partners. Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced that it has completed its 1,000th add-on acquisition across more than 140 platform investments in six industries: business services, consumer, healthcare, industrial services & technology, software & technology, and financial services.

Audax Private Equity (“Audax”) today announced that it has made a growth investment in Team Cymru, a global leader in cyber threat intelligence, to support its continued initiatives in the security space. Terms of the transaction were not disclosed. This investment will help expand the depth and breadth of Team Cymru’s solutions, allowing the company to make its unique threat intelligence accessible to a broader user base, and will support the acceleration of growth through acquisitions.

Audax Private Equity (“Audax”) today announced that it has signed a definitive agreement to sell Reedy Industries (“Reedy” or the “Company”), a leading provider of commercial heating, ventilation and air conditioning (“HVAC”), to Partners Group, acting on behalf of its clients. Audax will continue to be an investor in the Company and remain on the Company’s board of directors. Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) today announced that it has acquired a majority stake in Flashpoint, a global leader in actionable threat intelligence, to support its continued growth initiatives. Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) and S.J. Electro Systems, Inc. (“SJE” or the “Company”), a leading manufacturer of control solutions for the water and wastewater industry, today announced the formation of a strategic partnership under which Audax acquired a majority stake in SJE. Terms of the transaction were not disclosed.

Audax Private Equity (“Audax”) has announced that it has signed a definitive agreement to sell Axia Women’s Health to Partners Group on behalf of its clients.

Audax Private Equity (“Audax”) today announced that it has successfully completed the sale of Corsearch to Astorg.