Audax Mezzanine

What is Audax Mezzanine?

Audax Mezzanine is an investment fund that specializes in providing subordinated debt and junior capital to middle market companies requiring $15 million to $100 million in mezzanine financing. They manage over $5.0 billion in capital across private equity, mezzanine debt, and senior secured debt funds.

With a strategic focus on a diverse portfolio of mezzanine securities, they aim to deliver attractive risk-adjusted rates of return. Audax Mezzanine positions itself as a potential sole or lead investor but remains open to participating alongside other mezzanine debt investors under certain conditions.

They target private and public middle market businesses that display a track record of cash flow stability and consistent revenue growth. These businesses are typically controlled or significantly influenced by shareholders who have substantial capital invested. Audax Mezzanine also considers investments in dynamic, rapidly growing companies led by experienced management teams with well-defined expansion strategies.

They are currently investing from the $1.0 billion Audax Mezzanine Fund III. Their broader commitment to the middle market is evident in the group ethos, where they construct value through support and growth interventions in companies within this segment.

Audax Group, including their mezzanine fund, emphasizes this steadfast middle market focus as integral to their approach, ensuring a competitive sourcing, support, and growth advantage for the firms they engage with. They boast a 20-year history, with a growing transaction count exceeding 2,500 and over $39 billion in assets under management. The group's current operations span various business lines – all dedicated to empowering middle market companies, reflecting the same dedication that has scaled along with their investment operations.

Throughout its history, Audax Group has continued to grow and currently utilizes the expertise of over 400 employees.