Audax Private Equity announced today that it has closed its 400th add-on acquisition. Audax reached this milestone when Audax portfolio company Vision Group Holdings acquired Advanced Laser.
“We are proud of our track record of sourcing, closing, and integrating add-on acquisitions,” said Audax Group Co-Chief Executive Offier Geoff Rehnert. “Since our founding in 1999, Audax Private Equity has been focused on building leading middle market companies. Add-on acquisitions are central to our strategy. Crossing the 400 mark is a testament to Audax’ commitment to our Buy & Build philosophy,” Mr. Rehnert also noted.
Audax partners with management teams that have the vision and drive to scale their organizations through acquisitions and organic growth. Through our disciplined Buy & Build approach, we seek to help our platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. In the last ten years, we have invested over $3 billion in 87 platform and 400 add-on acquisitions.
We welcome all leads regarding potential add-on acquisitions. Please contact us to learn more about our portfolio companies and their add-on criteria.