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.

BofA Business Capital Provides ABL Revolver to Thalheimer Brothers

Bank of America Business Capital provided an asset-based revolving credit facility to Thalheimer Brothers, a portfolio company of Audax Group.

Audax Group Closes Senior Loan Fund III with $1.6B of Investable Capital

Audax Group closed Audax Senior Loan Fund III at its hard cap of $500 million of committed equity.

Golub Capital Provides Financing to Support Audax Acquisition

Golub Capital has provided a financing and equity co-investment to support Audaz Private Equity’s acquisition of Active Day Senior Care.

CIT Arranges Financing for Audax’s Acquisition of Techniks Industries

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 Sells PTI to Harbour Group

Audax Group completed the sale of Phillips & Temro Industries to Harbour Group, a private operating company located in St. Louis, MS.

Wells Fargo Finances Audax Group Investment

Audax Group announced an investment into Magnitude Software. Wells Fargo provided financing for the transaction.

BlackArch Advises Audax Group on Tri-Ed Sale

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 Agents Cross-Border Facility for Luminator Tech Buy

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 Commits $71MM to Support Luminator Buy

American Capital announced it committed $71 million to support the acquisition of Luminator Technology Group by Audax Group.