Audax Private Equity Acquires Majority Stake in Keystone
January 15, 2026
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.
- Buyers
- Audax Private Equity
- Targets
- Keystone
- Sellers
- RLH Equity Partners
- Industry
- Consulting
- Location
- New York, United States
- Transaction Type
- Recapitalization
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