Audax Group
Encyclopedia
The Audax Group is a private equity
investment firm focusing on leveraged buyout
, growth capital
, mezzanine capital
and senior debt, primarily in middle-market companies.
The firm has approximately 80 employees, headquartered in Boston with a major office in New York and an affiliate office in Shenzen, China.
Audax manages over $4.5 billion across three businesses (private equity, mezzanine debt, senior debt). The firm was founded in 1999 by its co-CEOs, Geoffrey Rehnert and Marc Wolpow. Previously, the two founders were Managing Directors at Bain Capital
where they helped build the firm’s buyout and debt businesses (Rehnert was an original founder of Bain Capital in 1984). The founders of Audax created the firm to focus on middle-market investments.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investment firm focusing on leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
, growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...
, mezzanine capital
Mezzanine capital
Mezzanine capital, in finance, refers to a subordinated debt or preferred equity instrument that represents a claim on a company's assets which is senior only to that of the common shares...
and senior debt, primarily in middle-market companies.
The firm has approximately 80 employees, headquartered in Boston with a major office in New York and an affiliate office in Shenzen, China.
Audax manages over $4.5 billion across three businesses (private equity, mezzanine debt, senior debt). The firm was founded in 1999 by its co-CEOs, Geoffrey Rehnert and Marc Wolpow. Previously, the two founders were Managing Directors at Bain Capital
Bain Capital
Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as an early-stage, growth-oriented investment fund, Bain Capital today manages approximately $65 billion in assets, and its strategies include private...
where they helped build the firm’s buyout and debt businesses (Rehnert was an original founder of Bain Capital in 1984). The founders of Audax created the firm to focus on middle-market investments.
External links
- Audax Group (company website)