Audax Private Equity logo

Audax Private Equity

North America, Massachusetts, United States, Boston

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
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Audax Private Equity frequently co-invest with?

Stone-Goff Partners
North America, Massachusetts, United States, Boston
Co-Investments: 1
NXT Capital
North America, Illinois, United States, Chicago
Co-Investments: 1
Ardan Equity
North America, Illinois, United States, Chicago
Co-Investments: 1
Wincove
North America, Massachusetts, United States, Boston
Co-Investments: 1
AlpInvest Partners
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 1
Hamilton Lane
North America, Pennsylvania, United States, Bala Cynwyd
Co-Investments: 1
ABS Capital Partners
North America, Maryland, United States, Baltimore
Co-Investments: 1
American Capital
North America, Maryland, United States, Bethesda
Co-Investments: 1
Churchill Asset Management
North America, New York, United States, New York
Co-Investments: 1
Lexington Partners
North America, New York, United States, New York
Co-Investments: 1

What are some of recent deals done by Audax Private Equity?

Fortis Payments

Novi, Michigan, United States

Fortis Payments provides businesses across the country with Visa, MasterCard, Discover and American Express processing services.

FinanceFinancial ServicesPaymentsSoftware
Private EquityMar 12, 2025
The Chartis Group

Boston, Massachusetts, United States

The Chartis Group is a advisory services firm dedicated to the healthcare industry.

ConsultingHealth CareInformation TechnologyInsuranceLegal
Private EquityAug 14, 2024
FDH Aero

Commerce, California, United States

FDH Aero is a distributor of c-class hardware and replacement parts to commercial and defense aircraft manufacturers.

AerospaceIndustrialManufacturing
Private EquityMay 9, 2024
Dobbs Tire & Auto Centers

Ballwin, Missouri, United States

Dobbs Tire & Auto Centers is a retail company that offers automotive maintenance and repair services.

AutomotiveRetail
Private EquityDec 18, 2023
GuidePoint Security

Herndon, Virginia, United States

GuidePoint Security provides customized, innovative & valuable Information Security solutions that enable commercial federal organizations.

Cyber SecurityInformation TechnologySecurity
Private EquityOct 10, 2023
Oakbridge Insurance

Atlanta, Georgia, United States

Oakbridge Insurance is an insurance company that is deeply rooted to serve clients across the Southeast.

Financial ServicesInsurancePersonal Finance
Private EquitySep 26, 2023
CW Advisors

Boston, Massachusetts, United States

CW Advisors is an investment firm that develops innovative wealth solutions for high-net-worth individuals and families.

FinanceFinancial ServicesWealth Management
Private EquityJul 18, 2023
CW Advisors

Boston, Massachusetts, United States

CW Advisors is an investment firm that develops innovative wealth solutions for high-net-worth individuals and families.

FinanceFinancial ServicesWealth Management
Secondary MarketApr 27, 2023
PYRAMID Laboratories

Costa Mesa, California, United States

A Contract, Parenteral Drug Product Manufacturer and Analytical Service provider for the pharmaceutical and biotechnology industries.

Manufacturing
Private EquityApr 18, 2023
Mosaic Dental Collective

Vancouver, Washington, United States

Mosaic Dental Collective provides administrative and business operations support to dental practices.

DentalHealth CareWellness
Private EquityMar 28, 2023