Audax Private Equity Acquires Majority Stake in Lanter Delivery Systems

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.

Audax Private Equity Acquires Majority Stake in GCX Mounting Solutions

September 20, 2021

Medical Devices

Audax Private Equity acquired a majority stake in GCX Mounting Solutions, a Petaluma, California–based designer and manufacturer of healthcare equipment mounting and mobility solutions; terms were not disclosed. Linden Structured Capital Fund provided junior capital alongside Audax to support the investment as GCX (330+ employees) pursues product, channel and M&A-driven growth.

Audax Private Equity Invests in Dobbs Tire & Auto Centers

December 18, 2023

Automotive

Audax Private Equity has made a growth investment in Dobbs Tire & Auto Centers, a St. Louis-based tire retailer and automotive aftermarket service provider with 43 stores and more than 650 employees across Missouri and Illinois. Audax will support Dobbs' organic growth as well as greenfield expansion and M&A as part of a buy-and-build strategy; terms were not disclosed.

Audax Private Equity Acquires Majority Stake in S.J. Electro Systems

June 28, 2021

Manufacturing

Audax Private Equity acquired a majority stake in S.J. Electro Systems (SJE), a Detroit Lakes, Minnesota-based manufacturer of control solutions for the water and wastewater industry. Financial terms were not disclosed; Audax said it will provide strategic capital and operational support to help SJE scale organically and through add-on acquisitions.

Audax Private Equity Invests in Stout

October 28, 2021

Professional Services

Audax Private Equity has agreed to make a minority growth investment in Stout alongside the firm’s employee shareholders, with existing shareholders retaining a meaningful equity stake and management continuing to lead. The capital will support Stout’s future growth initiatives, including pursuing strategic add-on acquisitions; the transaction was expected to close in Q4 2021.

Audax Private Equity Acquires Controlling Interest in Centerline Communications

January 13, 2022

Telecommunications

Audax Private Equity acquired a controlling interest in Centerline Communications LLC in a recapitalization transaction (closed August 2021, announced January 2022). Centerline’s founder Josh Delman and Wincove remain minority owners; the investment will support continued organic growth and a buy-and-build strategy (Centerline completed several add-on acquisitions and now employs over 1,200 professionals).