Audax Private Debt (“Audax”) announced that, as Administrative Agent and Lead Arranger, it provided a unitranche credit facility to support Amulet Capital Partners (“Amulet”) in their acquisition of minds + assembly (the “Company”).
Founded in 2015 and headquartered in New York City, minds + assembly is a full-service creative agency focused on providing healthcare communication solutions to pharmaceutical and biotechnology customers. The Company offers design, content development, brand commercialization, and marketing strategy services to help increase awareness of therapeutics addressing a variety of health conditions.
“By leveraging the healthcare expertise and creative talent of their team, minds + assembly has established an impressive platform to service the needs of pharmaceutical companies,” said Robin Dholaria, Managing Director at Audax Private Debt. “We are excited to partner with Amulet as they seek to help the Company achieve their next phase of growth.”
“Audax Private Debt has been a collaborative partner to Amulet throughout the financing process. They were able to structure and execute an effective financing solution that we believe will position the Company for continued success moving forward,” said Avi Uttamchandani, Principal at Amulet Capital Partners. “We are thrilled to be partnering with Audax on this investment and look forward to leveraging their experience and capabilities as we execute on the Company’s growth strategy.”
About Audax Private Debt
Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, Audax Private Debt has invested over $34 billion across more than 1,100 companies in support of over 275 private equity sponsors and has raised over $27 billion in capital. The platform offers its clients a range of financing solutions, including first lien, stretch senior, unitranche, second lien and subordinated debt, as well as equity co-investments. With more than 50 investment professionals and over 190 employees, Audax Private Debt provides financing certainty, add-on investment capability, and the experience and collaborative approach to partner with private equity firms and their portfolio companies. For more information, please visit www.audaxprivatedebt.com or follow us on LinkedIn.