Audax Private Debt, as joint lead arranger, provided a unitranche credit facility to support Genstar Capital’s acquisition of Cerity Partners.

Founded in 2009 and headquartered in New York City, Cerity Partners is a registered investment advisor providing wealth management and financial planning services to high-net-worth individuals and businesses. Through the firm’s team of in-house attorneys, tax advisors, financial planners, investment professionals and retirement plan consultants, Cerity Partners offers diverse solutions to address the various facets of a client’s financial life. Cerity Partners manages approximately $50 billion in assets for more than 10,000 clients across 16 markets in the U.S.

“We have supported Cerity Partners for almost two years and have seen the company continue to establish itself as a leading provider of comprehensive wealth management services,” Remington Chin, managing director at Audax Private Debt, said. “We’re excited to continue our partnership with management, and to support Genstar as the company enters its next phase of growth.”