Audax Group

Audax Group, founded in 1999, stands as a prominent alternative investment manager with a strong focus on private equity and private debt. Headquartered in Boston, with additional offices in New York and San Francisco, the firm is renowned for its "Buy & Build" strategy. This approach involves acquiring middle-market companies and then working with management teams to identify and execute strategic add-on acquisitions, aiming to accelerate growth and enhance market leadership. Audax's disciplined investment process emphasizes operational improvements and synergistic integrations to drive value creation across its portfolio.

In its private equity segment, Audax typically targets companies with enterprise values ranging from $50 million to $500 million across various sectors, including business services, industrials, healthcare, and consumer products. The firm's equity investments in these platform companies generally fall between $30 million and $200 million per transaction. This significant capital deployment reflects their strategy of taking control or substantial minority stakes to actively influence and guide the growth trajectory of their portfolio companies. Their investment thesis is centered on identifying resilient businesses with strong fundamentals that can benefit from strategic acquisitions and operational enhancements.

Audax Group has built an impressive track record over two decades. As of December 31, 2023, the firm manages approximately $19 billion in assets, underscoring its substantial presence in the alternative investment landscape. Through its private equity funds, Audax has invested in over 160 platform companies and has facilitated more than 1,200 add-on acquisitions, demonstrating the prolific execution of its "Buy & Build" strategy. This extensive activity highlights their deep expertise in sourcing, executing, and integrating acquisitions, positioning Audax as a key player in the middle-market private equity space.