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Home Deal Announcements

Audax Private Debt Provides Financing to Support Madison Dearborn Partners’ Investment in Unison

byIan Koplin
September 20, 2022
in Deal Announcements

Audax Private Debt, as joint lead arranger, provided a unitranche credit facility to support Madison Dearborn Partners’ acquisition of Unison, a provider of purpose-built procurement and contract management software solutions to U.S. federal government agencies and government contractors.

Founded in 1983 and headquartered in Dulles, VA, Unison offers its clients differentiated solutions to help them transact and manage contracts more efficiently and comply with complex federal contracting requirements. Unison’s software suites turn AI, bot and NLP technologies into applied innovation — solving real business problems and creating opportunities for clients. A trusted partner with longstanding relationships and a track record of customer-led success, Unison currently serves all 15 U.S. cabinet-level agencies and has more than 200,000 product end users.

“As a testament to the unparalleled quality of its products and services, Unison has experienced decades of tremendous success as the leader in procurement and contract management software for federal agencies and government contractors,” Ryan Benedict, managing director at Audax Private Debt, said. “We have supported Unison for over seven years and are thrilled to continue our work with management, partnering with Madison Dearborn Partners as the company enters into its next phase of growth.”

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The Covenant Divide: Why Financial Protections Are Holding Firm in the Lower Middle Market

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byLisa Rafter
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