
Audax Private Equity
Description
Audax Private Equity, a prominent component of the Audax Group, is a leading alternative investment manager headquartered in Boston, Massachusetts. Established in 1999, the firm has carved out a significant niche in the lower-middle market by employing a distinctive "Buy & Build" strategy. This approach involves acquiring platform companies and subsequently enhancing their value through strategic add-on acquisitions, fostering substantial growth and market leadership within their respective sectors.
Audax targets companies with enterprise values typically ranging from $50 million to $500 million. Their equity investments per platform company generally fall within the range of $50 million to $300 million, reflecting their commitment to significant ownership stakes and active partnership. The firm boasts an impressive track record, having completed over 1,000 add-on acquisitions since its inception, which underscores the efficacy and scalability of their "Buy & Build" model.
With over $36 billion in assets under management, Audax Private Equity has firmly established itself as a major player in the private equity landscape. While their investment philosophy is largely sector-agnostic, they have a demonstrated history of successful investments across diverse industries, including business services, industrials, healthcare, consumer, and technology. This broad focus allows them to identify and capitalize on growth opportunities across various economic cycles and market conditions.
Audax's value creation efforts extend beyond mere capital injection, focusing intensely on operational improvements, strategic planning, and seamless M&A integration. They partner closely with management teams to drive both organic growth initiatives and execute synergistic acquisitions, aiming to build larger, more resilient, and ultimately more valuable enterprises. Their disciplined approach, combined with deep operational expertise, contributes significantly to their consistent success in transforming middle-market companies.
Investor Profile
Audax Private Equity has backed more than 92 startups, with 2 new investments in the last 12 months alone. The firm has led 65 rounds, about 71% of its total and boasts 56 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Secondary Market, Debt Financing rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Manufacturing, Health Care, Medical.
- Led 1 rounds in the past year.
- Typical check size: $50M – $300M.
Stage Focus
- Private Equity (97%)
- Secondary Market (2%)
- Debt Financing (1%)
Country Focus
- United States (95%)
- Canada (4%)
- United Kingdom (1%)
Industry Focus
- Manufacturing
- Health Care
- Medical
- Information Technology
- Electronics
- Financial Services
- Software
- Finance
- Automotive
- Logistics
Frequently Asked Questions
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