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.
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.
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.