Ares Management Acquires HVAC Services Company CoolSys

Ares Management announced that a fund managed by its private equity group has acquired CoolSys, a refrigeration and HVAC services company, from Audax Private Equity. Terms of the transaction were not disclosed.

NXT Capital Supports Audax Acquisition of PHOENIX Rehabilitation

NXT Capital acted as administrative agent, sole lead arranger and sole bookrunner on a senior secured credit facility to support Audax Private Equity’s acquisition of PHOENIX Rehabilitation and Health Services.

Deloitte Corporate Finance Advises Gastro Health on Recap

Deloitte Corporate Finance acted as exclusive financial advisor to Gastro Health in its recapitalization with Audax Private Equity.

LBC Credit Partners Provides Second Lien Loan to Centric Parts

LBC Credit Partners provided a second lien term loan to CWD, d.b.a. Centric Parts, a portfolio company of Audax Private Equity. The proceeds were used to refinance existing indebtedness.

LBC Credit Provides Mezzanine Loan to Support Techniks Acquisition

LBC Credit Partners provided a secured mezzanine loan to support the acquisition of Techniks Industries by Audax Private Equity in partnership with the company’s management team.

CIT Provides Audax Group Financing to Acquire Wheel Pros

CIT Group acted as administrative agent, joint lead arranger and joint bookrunner for facilities supporting Audax Private Equity in its acquisition of Wheel Pros.

CIT Provides Audax Group Financing to Acquire Wheel Pros

CIT Group acted as administrative agent, joint lead arranger and joint bookrunner for facilities supporting Audax Private Equity in its acquisition of Wheel Pros.