Audax Private Debt announced that, as Syndication Agent, it provided a unitranche credit facility to support the acquisition of Kalkomey Holdings LLC (“Kalkomey” or the “Company”) by Cove Hill Partners, a Boston-based private equity firm that invests in the consumer and technology industries.
Founded in 1995, Kalkomey is a leading provider of online recreational safety education, certifications, and cloud-based agency management solutions. The Company is headquartered in Dallas, TX, and serves both outdoor enthusiasts and state and local government agencies in all 50 U.S. states and abroad.
Kalkomey delivers regulatory-approved safety education courses and certifications for outdoor recreational activities, including boating, hunting, snowmobiling, off-roading, and scuba diving. Additionally, Kalkomey’s agency management solutions enable state agencies to drive greater operational efficiencies of key workflows from licensing and registration, to certification and event management and compliance and reporting. Through the integration of its online safety education and agency management solutions, Kalkomey is able to deliver a single platform for recreational safety management that makes outdoor recreation more accessible, drives recreational activity participation and increases civic engagement. To learn more, please visit kalkomey.com.