Audax Secures $2.6B in Capital for Direct Lending Fund
Audax Private Debt, the debt financing unit of alternative investment manager Audax Group, successfully closed the Audax Direct Lending Solutions Fund with $1.65 billion in capital commitments.
Audax Private Debt, the debt financing unit of alternative investment manager Audax Group, successfully closed the Audax Direct Lending Solutions Fund with $1.65 billion in capital commitments.
Bank of America Business Capital provided an asset-based revolving credit facility to Thalheimer Brothers, a portfolio company of Audax Group.
Audax Group closed Audax Senior Loan Fund III at its hard cap of $500 million of committed equity.
Golub Capital has provided a financing and equity co-investment to support Audaz Private Equity’s acquisition of Active Day Senior Care.
CIT Group served as joint lead arranger in a senior secured credit facility to support Audax Groupin its acquisition of Techniks Industries, a provider of industrial cutting tools and tool holders.
Audax Group completed the sale of Phillips & Temro Industries to Harbour Group, a private operating company located in St. Louis, MS.
Audax Group announced an investment into Magnitude Software. Wells Fargo provided financing for the transaction.
BlackArch Partners announced the sale of Tri-Northern Acquisition Holdings, a portfolio company of Audax Group, to Anixter International for a purchase price of $420 million.
GE Antares is serving as administrative agent on a $166 million multi-currency, cross-border credit facility to support the acquisition of Luminator Technology Group by Audax Group.
American Capital announced it committed $71 million to support the acquisition of Luminator Technology Group by Audax Group.