Audax

Audax Group is a leading alternative investment manager founded in 1999 and headquartered in Boston, Massachusetts, with additional offices in New York, San Francisco, and London. Since its founding, the firm has raised over $32 billion in capital and grown into one of the most active capital partners for middle market companies in the United States. Audax operates through two primary investment business lines — Audax Private Equity and Audax Private Debt — along with Audax Strategic Capital, a newer platform focused on mid-hold equity solutions for private equity sponsors. With approximately $42 billion in assets under management and over 400 employees, Audax has established a significant presence across the full capital structure of the U.S. middle market.

Audax Private Equity pursues control equity investments in North American middle-market companies using its differentiated Buy & Build approach, which systematically accelerates portfolio company growth through add-on acquisitions and organic initiatives. The firm invests through its Flagship strategy, targeting companies with EBITDA between $20 million and $80 million, and its Origins strategy, focused on lower middle-market companies with EBITDA of $5 million to $20 million. Audax Private Debt provides flexible debt capital solutions across the full capital structure, including senior secured, unitranche, and subordinated debt, to sponsor-backed and non-sponsored middle-market companies. Audax Strategic Capital partners with sponsors to provide equity solutions for continuing investments in performing portfolio companies.

Audax Group is widely recognized as one of the most active and consistent investors in the U.S. middle market, having completed over 1,300 add-on acquisitions across its portfolio companies since inception. Audax Private Debt has earned industry recognition as one of the top lenders in U.S. private equity, having ranked among the most active lenders according to PitchBook's annual lending league tables. The firm's integrated approach to private equity and private credit, combined with its deep sector expertise and operational resources, provides portfolio companies with a comprehensive value-creation platform. Audax's long track record of disciplined investing across economic cycles makes it a compelling alternative investment partner for institutional allocators.