Audax Private Equity Acquires Krayden, Inc.

Krayden, Inc. Acquires Northern Composites

February 10, 2021

Manufacturing

Denver-based Krayden, Inc., a distributor of specialty chemicals and engineered solutions, has acquired Northern Composites of Hampton, New Hampshire. Northern Composites — a distributor and manufacturer of composite materials and vacuum bagging products — will continue operating at its Hampton, NH and Greensboro, NC facilities with existing employees retained; Krayden intends to leverage Northern Composites' manufacturing and kitting capabilities to broaden its product offering and technical service footprint.

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 Majority Stake in Lanter Delivery Systems

February 7, 2025

Logistics & Distribution

Audax Private Equity has acquired a majority stake in Lanter Delivery Systems from Equity Group Investments. Lanter, based outside St. Louis, operates a nationwide overnight, unattended delivery network serving automotive, agriculture, heavy-truck and industrial customers; Audax plans to invest in the network and technology to accelerate growth and expand end markets.

Corza Medical (GTCR Portfolio Company) Acquires Katena Products from Audax Private Equity

December 2, 2021

Medical Devices

Corza Medical, a GTCR portfolio company, has acquired Katena Products from Audax Private Equity. Katena is a Parsippany, New Jersey–based manufacturer of precision ophthalmic instruments, single-use devices and specialty biologics with more than 200 employees and sales in over 110 countries. Audax, which acquired Katena in 2015, supported the company's operational and M&A-driven growth during its ownership.

Auxo Investment Partners Acquires Breyden Products

June 30, 2022

Manufacturing

Grand Rapids-based private equity firm Auxo Investment Partners acquired Columbia City, Indiana-based Breyden Products, a manufacturer of military-spec braided lacing tapes, twines, cords and sleeving. Breyden will operate under Auxo’s Precision Products Group (PPG) platform, expanding PPG’s product portfolio and creating cross-selling opportunities into the electric motor, aerospace and defense end markets.

Audax Private Equity Acquires Majority Stake in Covercraft Industries

August 24, 2021

Manufacturing

Audax Private Equity acquired a majority stake in Covercraft Industries from Century Park Capital Partners. Covercraft, a Pauls Valley, Oklahoma–based manufacturer of custom vehicle protection products, will partner with Audax to pursue organic growth and buy‑and‑build add-on acquisitions.