Audax Private Debt

Audax Private Debt operates as the dedicated debt financing arm of Audax Group, a prominent alternative asset manager. Based in New York, the firm specializes in providing flexible capital solutions to middle-market companies across the United States and Canada. Its core mission is to support a variety of corporate initiatives, including leveraged buyouts, recapitalizations, and growth strategies, by offering tailored debt financing structures. This strategic focus positions Audax Private Debt as a crucial partner for private equity sponsors and management teams seeking non-dilutive capital.

The firm's investment strategy primarily revolves around junior debt, encompassing mezzanine, second lien, and unitranche facilities. Audax Private Debt targets companies with a robust financial profile, typically characterized by an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) ranging from $10 million to $75 million. This specific focus allows them to engage with a broad spectrum of established businesses that are beyond the early-stage venture capital scope but may not yet be large enough for traditional syndicated bank loans. Their approach emphasizes partnership and providing capital structures that align with the long-term objectives of their portfolio companies.

Audax Private Debt has established itself as a significant force within the private debt landscape. Since its inception, the firm has deployed substantial capital, having invested over $20 billion across more than 200 portfolio companies. This extensive track record underscores their deep experience and commitment to the middle market. While specific check sizes can vary based on the transaction's complexity and the company's needs, Audax Private Debt typically provides initial commitments ranging from $10 million to $100 million. This flexibility enables them to participate in a wide array of deals, from smaller growth financings to larger, multi-tranche leveraged buyouts. The firm's affiliation with Audax Group, which manages over $35 billion in assets, further enhances its capabilities and access to resources in the competitive private capital market.