Articles from Audax Private Debt

Audax Private Debt, a leading provider of financing solutions to the middle market, today announced strong investment activity, record annual capital raising, and significant team growth in 2025. During the year, the firm deployed $7.3 billion across 450 transactions and raised more than $7.6 billion of capital — the highest annual total in the firm’s history — bringing total capital raised since inception to approximately $44 billion.

Audax Private Debt (“Audax”), a leading provider of financing solutions for middle market private equity sponsors, announced today the appointment of John Wierzba, who joined the firm as a Managing Director, Wealth Management. Wierzba is joining Audax from Stifel, Nicolaus & Co., where he most recently served as the Head of Private Assets.

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the formation of MDpanel (the “Company”) by Aquiline Capital Partners, a New York-based private investment firm. MDpanel is a new platform dedicated to the efficient delivery of medical opinions as part of the workers’ compensation insurance claims process.

Audax Private Debt (“Audax”) announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support InTandem Capital Partners (“InTandem”) in their acquisition of OrthoNebraska (the “Company”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Incline Equity Partners (“Incline”) in their acquisition of GME Supply Co. (“GME” or the “Company”), a leading omni-channel distributor of fall protection, safety, and productivity equipment.

Audax Private Debt (“Audax”), a leading provider of financing solutions for middle market private equity sponsors, announced today the firm’s participation in the iCapital Marketplace, a platform launched by iCapital in June that connects financial advisors and their clients with a broad array of alternative investment offerings from select asset managers.

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Gauge Capital (“Gauge”) in their acquisition of Engine & Transmission Exchange (“ETE” or the “Company”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Amulet Capital Partners (“Amulet”) in their acquisition of minds + assembly (the “Company”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a Second Lien Credit Facility supporting H.I.G. Infrastructure, an affiliate of H.I.G. Capital (“H.I.G.”), in their acquisition of Tower Engineering Professionals (“TEP” or the “Company”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Cressey & Company (“Cressey”) and Health Enterprise Partners’ (“HEP”) acquisition of The InterMed Group (“InterMed” or the “Company”).

Audax Private Debt (“Audax”), a leading provider of financing solutions for middle market private equity sponsors, announced today that it successfully closed Audax Direct Lending Solutions Fund II, LP (“DLS Fund II”) with $3.0 billion of capital commitments. The new fund, which reached its hard cap, exceeded its fundraising target of $2.25 billion and, including targeted leverage, provides New York-based Audax Private Debt with $4.5 billion of total investable capital.

Audax Private Debt (“Audax”), based in New York, announced today that, as Administrative Agent and Joint Lead Arranger, it provided a senior secured credit facility to support Cortec Group Fund VII, L.P., an affiliate of Cortec Group (“Cortec”), in its growth capital investment in A1 Garage Door Service Holdings, Inc. (“A1” or the “Company”) in partnership with A1’s CEO and management.

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Quality Valve (the “Company”) by The Stephens Group, a Little Rock-based private investment firm.

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Joint Lead Arranger, it provided a unitranche credit facility to support Odyssey Investment Partners’ (“Odyssey”) acquisition of Magna Legal Services (“Magna” or the “Company”).

Audax Private Debt (“Audax”) announced that, as Joint Lead Arranger, it provided a unitranche facility to support Cobepa S.A.’s (“Cobepa”) acquisition of Ned Stevens (“Ned” or “Company”).

Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of MediaRadar (the “Company”) by Thompson Street Capital Partners (“Thompson Street”), a St. Louis-based private equity firm.

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Madison Dearborn Partners’ acquisition of Unison (the “Company”), a leading provider of purpose-built procurement and contract management software solutions to U.S. federal government agencies and government contractors.

Audax Private Debt (“Audax”), as Administrative Agent and Joint Lead Arranger, and Adams Street Partners, as Joint Lead Arranger, provided a senior secured credit facility to support US Med-Equip’s (“USME” or the “Company”) acquisition of Freedom Medical, a leading provider of rental medical equipment and related outsourced support services to hospitals and long-term care centers throughout the U.S.

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Genstar Capital’s (“Genstar”) acquisition of Cerity Partners (or the “Company”).

Audax Private Debt announced that, as Administrative Agent & Joint Lead Arranger, it provided a unitranche credit facility to support the acquisition of RotoCo (the “Company”), a franchisee of Roto-Rooter, by Bessemer Investors, a New York-based private equity firm.

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Gemspring Capital’s (“Gemspring”) acquisition of GoldenSource Corp. (the “Company”), a provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions to financial services companies worldwide.

Audax Private Debt announced that, as a Co-Lead Investor, it provided Mezzanine Notes to support Sentinel Capital Partners’ (“Sentinel”) investment in TriMech (or the “Company”).

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided an incremental Second Lien Credit Facility to support add-on acquisitions by Metalmark Capital’s portfolio company, Innovetive Petcare (“Innovetive” or the “Company”), a leading operator of veterinary practices.

Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support CIVC Partners’ (“CIVC”) investment in InnovateMR (or the “Company”).

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support the acquisition of Alliance Environmental Group (“Alliance” or the “Company”) by Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm.

Audax Private Debt, the debt financing unit of Audax Group, a leading alternative investment manager specializing in investments in North American middle market companies, today announced that Bradley Patton has joined as a Managing Director and will be overseeing Capital Markets for the Private Debt Origination platform. Based in New York, Mr. Patton will be responsible for leading capital markets and syndication efforts across the Audax Private Debt platform, including unitranche and junior debt investments. He will also continue to expand and cultivate Audax Private Debt relationships across the middle market.

Audax Private Debt announced that, as Administrative Agent and Sole Arranger, it provided a unitranche credit facility to support the acquisition of PracticeTek (or the “Company”) by investment funds affiliated with Lightyear Capital, a New York-based private equity firm focused on financial services.

Audax Private Debt announced that, as Administrative Agent and sole investor, it provided a Second Lien Credit Facility supporting Wind Point Partners’ (“Wind Point”) acquisition of good2grow (“Company”), a national provider of clean label children’s juice and other beverage products. Terms of the credit facility were not disclosed.

Audax Private Debt announced that, as Joint Lead Arranger and Bookrunner, it provided a unitranche credit facility to support the acquisition of Genesee Scientific (“Genesee” or the “Company”) by LLR Partners, a Philadelphia-based private equity firm focused on investing in middle-market technology, healthcare, and services businesses.

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Care Advantage (or the “Company”) by Searchlight Capital Partners (“Searchlight”), a New York-based private equity firm.

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Summit Spine & Joint Centers (“Summit” or the “Company”) by MSouth Equity Partners (“MSouth”), an Atlanta-based private equity firm.

Audax Private Debt announced that, as lead investor and Collateral Agent, it provided a Second Lien Credit Facility supporting Tenex Capital Management’s (“Tenex”) acquisition of JTM Foods (“JTM” or the “Company”).

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support the acquisitions of C.L. Smith, a leading distributor of rigid packaging solutions, and Silver Spur, a supplier of specialty glass and plastic packaging by Kelso & Company (“Kelso”). C.L. Smith and Silver Spur will be combined with Kelso’s existing investment in Inmark, a distributor of rigid container and life sciences packaging products.

Audax Private Debt, the debt financing unit of Audax Group, a leading alternative investment manager specializing in investments in North American middle market companies, today announced the successful close of Audax Mezzanine Fund V (“Mezz Fund V” or the “Fund”) with $1.85 billion in capital commitments. Mezz Fund V was significantly oversubscribed and exceeded its fundraising target of $1.5 billion, with commitments from a diverse set of both returning and new institutional investors in the U.S., Europe, Asia‐Pacific, and the Middle East.

Audax Private Debt announced that, as Joint Lead Arranger and Bookrunner, it provided a unitranche credit facility to support the acquisition of SIAA (Strategic Insurance Agency Alliance or the “Company”) by Odyssey Investment Partners (“Odyssey”), a private equity investment firm with offices in New York and Los Angeles.