Private Equity Firm Financial Services

Audax Private Equity

Boston, Massachusetts, United States

Headquartered in Boston, with offices in San Francisco, New York, London and Hong Kong, Audax Private Equity is a private equity platform focused on investing across the North American middle market. The firm accelerates value creation through a Buy & Build strategy and the Audax Value Agenda™ framework.

Focus Areas
Private equity, Buy & Build, Buy-and-build

Tracked deals

128

128 tracked deals across 2016-2026.

Recent pace

13

13 tracked deals announced in the last 12 months.

Deal mix

Addon

74 addon · 31 buyout · 12 growth capital

Audax Private Equity Acquisition Volume by Year

Last 9 years

Acquisition volume by year Annual acquisition counts for the last 9 years for Audax Private Equity. 2 2018 8 2019 11 2020 30 2021 31 2022 20 2023 8 2024 7 2025 ~17 est. 10 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 128 tracked deals for Audax Private Equity.

  • Berkshire Partners Makes Strategic Investment in Harbourfront Wealth Group Valued at C$1.775B
    June 23, 2026
    Buyer
    Berkshire Partners, Audax Private Equity
    Target
    Harbourfront Wealth Group
    Industry
    Financial Services
    Location
    British Columbia, Canada
    Type
    Growth capital

    Harbourfront Wealth Group entered into a definitive agreement to receive a strategic investment from Boston-based private equity firm Berkshire Partners at a C$1.775 billion valuation. Audax Private Equity will retain a significant interest, and the deal is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.

  • Belmont Medical Technologies Acquires Arcos, Inc.
    June 18, 2026
    Buyer
    Belmont Medical Technologies, Audax Private Equity
    Target
    Arcos, Inc.
    Industry
    Healthcare Services
    Location
    Texas, United States
    Type
    Addon

    Belmont Medical Technologies, backed by Audax Private Equity, has acquired Arcos, Inc., a Missouri City, Texas-based health IT company focused on trauma, burn care, and Massive Transfusion Protocol (MTP) workflows. The acquisition adds Arcos’s proprietary Burn Navigator and BloodNav software solutions to Belmont’s fluid-resuscitation and patient-temperature management portfolio.

  • Bain Capital Private Equity Takes Majority Stake in FDH Aero
    June 8, 2026
    Buyer
    Bain Capital Private Equity, Audax Private Equity
    Target
    FDH Aero
    Industry
    IT Services
    Location
    California, United States
    Type
    Buyout

    FDH Aero entered into a definitive agreement to receive a majority investment from Bain Capital Private Equity, with Audax Private Equity (the company’s majority shareholder since 2017) expected to remain a significant investor. The partnership is intended to fund FDH’s next phase of growth through continued investment in capabilities, its service model, global reach, and strategic acquisitions.

  • Audax Private Equity Completes 1,500th Add-On Acquisition (FCH acquires Sanitary Solutions Group)
    May 13, 2026
    Buyer
    Audax Private Equity, FCH
    Target
    Sanitary Solutions Group
    Industry
    Industrial Services
    Location
    South Carolina, United States
    Type
    Addon

    Audax Private Equity completed its 1,500th add-on acquisition as part of its Buy & Build strategy. The milestone transaction was FCH’s acquisition of Sanitary Solutions Group, completed on April 14, 2026 and made public earlier in May.

  • Audax Advances Sale Process for Nextech (HVAC Service Provider)
    May 4, 2026
    Buyer
    Audax
    Target
    Nextech
    Industry
    Industrial Services
    Location
    Florida, United States
    Type
    Divestiture

    Audax is progressing the sale process for Nextech, an HVAC services provider, with bidders being advanced further in the process. The reporting indicates the transaction remains in process (not closed), and that additional private equity deals are expected across the roofing, landscaping and remodeling sectors.

  • Align Capital Partners Closes Continuation Vehicle for Proceed
    April 1, 2026
    Buyer
    Align Capital Partners, Apogem Capital, RCP Advisors, Churchill Asset Management, Barings, Audax
    Target
    Proceed
    Industry
    Legal Services
    Type
    Recapitalization

    Align Capital Partners (“ACP”) announced it successfully closed a single-asset continuation fund (CP EV Fund I, LP) with approximately $405 million in commitments to support the next phase of growth for its tech-enabled legal services platform Proceed. ACP acquired Counsel Press in October 2023 and rebranded the company as Proceed after executing multiple add-on acquisitions, and the new capital will fund further strategic add-ons and technology investments across the litigation lifecycle.

  • Audax Private Equity Acquires AKAM
    February 27, 2026
    Buyer
    Audax Private Equity
    Target
    AKAM, Orsid, Metro Management
    Seller
    Nautic Partners
    Industry
    IT Services
    Location
    United States
    Type
    Buyout

    Audax Private Equity acquired AKAM and its subsidiaries, a property management and real estate firm serving residential and commercial properties. Nautic Partners sold its stake in AKAM as part of the transaction, which closed on February 27, 2026. The AKAM management team, led by CEO Ken Greene, will continue to lead the business.

  • FCH Acquires Axiflow Technologies
    February 21, 2026
    Buyer
    FCH, Inc., Audax Private Equity
    Target
    Axiflow Technologies
    Industry
    Industrial Services
    Location
    United States
    Type
    Addon

    FCH completed the acquisition of Axiflow Technologies, a specialist in sanitary twin-screw pump solutions for the food, beverage, and pharmaceutical industries. The deal expands FCH’s hygienic process capabilities and deepens its position in high-purity fluid handling by integrating Axiflow’s proprietary pump technology while Axiflow continues operating with commercial autonomy.

  • Doeren Mayhew Acquires Dent Moses, Including Impact Technology Group
    February 10, 2026
    Buyer
    Doeren Mayhew, Audax Private Equity
    Target
    Dent Moses, LLP, Impact Technology Group LLC
    Seller
    Founders Advisors, LLC (adviser to Dent Moses)
    Industry
    Accounting & Tax
    Location
    Alabama, United States
    Type
    Buyout

    Doeren Mayhew acquired Birmingham, Alabama-based CPA firm Dent Moses, LLP and its affiliate Impact Technology Group LLC, expanding Doeren Mayhew’s footprint into Alabama. The deal adds nine principals and nearly 65 professionals, while Impact Technology Group continues under the “A Doeren Mayhew Company” designation.

  • Audax Private Equity Acquires Majority Stake in Keystone
    January 15, 2026
    Buyer
    Audax Private Equity
    Target
    Keystone
    Seller
    RLH Equity Partners
    Industry
    Consulting
    Location
    New York, United States
    Type
    Recapitalization

    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.

  • Solve Industrial Motion Group Acquires Power Rite Products, Miller Bearing, and B26B Manufacturing (Add-ons)
    November 13, 2025
    Buyer
    Solve Industrial Motion Group, Audax Private Equity
    Target
    Power Rite Products, Miller Bearing Company, B26B Manufacturing, Inc.
    Industry
    Industrial Services
    Location
    North Carolina, United States
    Type
    Addon

    Blue River Financial Group advised Solve Industrial Motion Group, an Audax Private Equity portfolio company, on three add-on acquisitions completed within the past 60 days: Power Rite Products, Miller Bearing Company, and B26B Manufacturing, Inc. The acquisitions are intended to expand Solve’s bearings and power transmission capabilities and strengthen its domestic manufacturing capacity.

  • Aspen Surgical Acquires Cygnus Medical and Flagship Surgical
    September 18, 2025
    Buyer
    Aspen Surgical, Audax Private Equity
    Target
    Cygnus Medical, Flagship Surgical
    Industry
    Medical Devices
    Location
    United States
    Type
    Addon

    Aspen Surgical, a portfolio company of Audax Private Equity, has acquired Cygnus Medical and Flagship Surgical to expand its perioperative product offering. The add-on deals broaden Aspen’s infection-prevention and OR safety capabilities and mark entry into the endoscopy market; financial terms were not disclosed.

Related Acquisition Pages

Manufacturing Buyers & Acquisitions 19 tracked deals by Audax Private Equity. Industrial Services Buyers & Acquisitions 12 tracked deals by Audax Private Equity. Medical Devices Buyers & Acquisitions 12 tracked deals by Audax Private Equity. Logistics & Distribution Buyers & Acquisitions 11 tracked deals by Audax Private Equity. Acquisitions in Texas 12 tracked deals by Audax Private Equity. Acquisitions in California 10 tracked deals by Audax Private Equity. Acquisitions in Illinois 10 tracked deals by Audax Private Equity. Acquisitions in New York 6 tracked deals by Audax Private Equity.

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