Audax Private Equity Acquires Controlling Interest in Kofile

Kofile (Audax-backed) Acquires SeamlessDocs

October 5, 2020

Government & Public Sector

Kofile, a Dallas-based provider of digital transformation services for local governments and a portfolio company of Audax Private Equity, has acquired SeamlessDocs, a New York City–based digital forms and workflow automation provider for government agencies. The add-on expands Kofile's cloud-enabled suite of applications to accelerate digitization of government services, including e-filing, e-signature and online payments.

Audax Private Equity Acquires Majority Stake in Keystone

January 15, 2026

Consulting

Audax Private Equity has acquired a majority stake in Keystone, purchasing the global technology and advisory services practice from RLH Equity Partners in a recapitalization that closed January 2, 2026. Concurrently, Keystone spun out its Core AI business as an independent B2B AI SaaS company (Keystone.AI) with RLH retaining a minority stake; Jeff Marowits was named CEO and Greg Richards will remain as a senior strategic advisor.

Audax Private Equity Acquires 48forty Solutions from Grey Mountain Partners

December 1, 2020

Logistics & Distribution

Audax Private Equity has acquired a controlling interest in 48forty Solutions from Grey Mountain Partners. The investment positions 48forty — a leading North American pallet management and reverse logistics provider with a national network of facilities and over 2,400 employees — for continued organic growth and strategic add-on acquisitions to expand its product and service offerings.

Agile Growth Equity Acquires Kobus

November 20, 2023

Infrastructure

Agile Growth Equity has completed the acquisition of Kobus (Kobus Services Limited and Kobus, Inc.), a trenchless technology provider headquartered in Houston, Texas with operations in Tamworth, England. The private equity firm will partner with Kobus management to expand market awareness and accelerate delivery of the company's trenchless pipe-replacement tools and services to municipalities, water and gas utilities worldwide.

Audax Private Equity Acquires Controlling Stake in BlueCat Networks

June 23, 2022

Cybersecurity

Audax Private Equity has entered into a definitive agreement to make a strategic growth investment in BlueCat Networks, acquiring a controlling stake. Financial terms were not disclosed; Madison Dearborn Partners will fully realize its investment. Audax plans to use its Buy & Build strategy to expand BlueCat’s offerings and accelerate growth.

Audax Private Equity Portfolio Company Completes Add-on Acquisition (Undisclosed)

March 6, 2024

Professional Services

Blue River Financial Group advised Audax Private Equity on a recent acquisition completed by one of Audax's portfolio companies. The deal—an add-on—was described as strengthening the portfolio company's footprint across Connecticut and reflects Audax's buy-and-build strategy in the northeast region.