Golub Capital, as administrative agent and joint lead arranger, provided a senior credit facility to support the acquisition of RelaDyne by Audax Private Equity.

This marks the fifth transaction Golub Capital and Audax have completed together over the past year.

“We are thrilled to partner with Audax to support RelaDyne’s impressive growth strategy and management,” said Brian Crabb, managing director at Golub Capital. “We look forward to continuing to work alongside Audax on this and other opportunities.”

“Golub Capital provided a deep understanding of the industry and our execution strategy, which provided us with confidence they would deliver an effective financing solution,” said Mark Cordes, managing director at Audax.

Cincinnati-based RelaDyne is a lubricant, fuel and DEF distributor, providing customers with integrated reliability management services for industrial and commercial businesses.