Audax Group

What is Audax Group?

Audax Group, founded in 1999, operates as a versatile investment capital provider for middle market companies.

With a notable presence, they manage in excess of $5 billion across their various investment funds, which encompass private equity, mezzanine debt, senior secured debt, and associated affiliate entities. Their professional team, reaching over 70 investment experts, is stationed across offices in Boston and New York, offering a robust network for operational support and investment oversight.

Audax Group demonstrates a commitment to making substantial equity investments, typically ranging from $10 to $100 million, across transaction sizes spanning from $15 to $250 million in value.

Prospective investment targets are evaluated based on a clear set of criteria encompassing a minimum EBITDA of $5 million, the potential to achieve this EBITDA within a 12-month frame, being underperforming yet still generating at least $50 million in revenue, or qualifying as a strategic add-on regardless of size.

Audax Mezzanine specializes in subordinated debt and junior securities for middle market enterprises, while Audax Senior Debt primarily involves itself with debt securities of leveraged, non-investment grade institutions, generally backed by private equity sponsors. This specialist focus targets companies with EBITDA ranging between $10 million to $50 million.

Emphasizing a dedicated support model for middle market leaders, Audax Group projects itself as a premier capital partner, committed to fostering growth and enhancing value in this segment. Their investment operations are finely tuned to sourcing, aiding, and amplifying the potential within middle market organizations. The fund has a rich history and has experienced substantial growth over the years, maintaining a solid position in the competitive advantage landscape to source and foster middle-market companies.

Industries of particular interest include but are not limited to Industrial Manufacturing, Energy, Customer Products, Healthcare Products, Technology, Aerospace, Defense, Business Services, and Direct Marketing.