Audax Private Equity
- Company typePrivate
- Founded1999
- HeadquartersBoston, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
Audax Private Equity firmographics
Firmographics- Name
- Audax Private Equity
- Legal name
- Audax Management Company, LLC
- Website
- https://audaxprivateequity.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Audax Private Equity industry classification
Industry- Product category
- Middle Market Private Equity
- NAICS
- Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Asset-Based Lending (ABL) (FSANADAD)
Keywords
Where Audax Private Equity is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Markets served
Audax Private Equity business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Management fees and carried interest on private equity funds: As a private equity firm, Audax generates revenue through management fees on committed/invested capital across its Flagship, Origins, and Audax Strategic Capital strategies, plus performance-based carried interest on fund realizations. Specific fee economics are not publicly disclosed; Audax Group became a signatory to UN Principles for Responsible Investment in 2022.
- Capital Raised (Cumulative): Cumulative equity commitments, GP commitments, and certain Private Debt leverage, including $7.8B raised in 2023 for Flagship Fund and Origins Fund I, $1.7B continuation fund closed in 2021 (AlpInvest, Lexington, Hamilton Lane), ~$1.3B raised for the Audax Strategic Capital debut fund, $5.25B seventh flagship fund plus $1.5B GP co-investment capital.
Go-to-market motion1 record
Audax Private Equity product offering
Product offeringCore offering
Audax Private Equity is a North American private equity firm that makes control equity investments in middle-market companies and executes a systematic Buy & Build investment methodology. It operates three dedicated strategies: Flagship (middle market, $20M-$80M EBITDA), Origins (lower middle market, $5M-$20M EBITDA), and Audax Strategic Capital (mid-hold equity solutions for sponsor-controlled North American and European platforms). The firm supports portfolio companies through the proprietary Audax Value Agenda framework and a 60+ person Strategic Resources Group.
Product overview
Audax Private Equity operates a platform of three dedicated private equity strategies — Flagship (middle market, $20M-$80M EBITDA), Origins (lower middle market, $5M-$20M EBITDA), and Audax Strategic Capital (mid-hold sponsor solutions) — all unified by the proprietary Buy & Build investment methodology and executed through the Audax Value Agenda™ framework (six pillars: Strategy, Human Capital, Acquisition Acceleration, Revenue Growth, Efficiency/Capital Optimization, Systems & Process). The platform is supported by an internal Strategic Resources Group of 60+ functional experts and an internal Proprietary Generative AI Underwriting Tool that analyzes 25+ years of mid-market data and 1,600+ transactions to reduce bias in investment decisions. Across its 180+ platform investments and 1,500+ add-on acquisitions since 1999, Audax manages approximately $19.5 billion in AUM as of January 2026 and operates from offices in Boston, San Francisco, New York, London, and Hong Kong. Its broader corporate offerings include the Audax Charitable Foundation community program and a Responsible Investment Program aligned with UN PRI and AIC guidelines.
Differentiator
Problem solved
Functional benefit
Brands
- Audax Strategic Capital: Mid-hold private equity solutions arm providing acquisition, growth, rollover, and cross-fund equity capital to sponsor-controlled North American and European middle market platforms; based in New York and London.
- Audax Private Debt
- Audax Charitable Foundation (ACF)
Products and services
- Audax Flagship Strategy (Flagship Fund VII) Audax's core middle-market private equity strategy pursuing control investments in North American companies with EBITDA of $20 million to $80 million across five core specializations (Business Services, Financial Services, Healthcare, Industrial Services & Technologies, and Software & Technology). Invests out of the $5.25 billion seventh flagship fund with an additional $1.5 billion of GP co-investment capital, executing the Buy & Build approach to accelerate organic and inorganic growth.
- Audax Origins Strategy (Origins Fund I) Audax's lower middle-market control investment strategy targeting North American companies with EBITDA of $5 million to $20 million. Launched in 2022 with over $1 billion of committed capital (including GP co-investment vehicles). Complements the Flagship strategy by applying the Buy & Build approach to smaller platforms, with first investment in Thermogenics (June 2022).
- Audax Strategic Capital (ASC) Mid-hold equity solutions arm that provides North American and European middle-market sponsors with flexible capital for performing portfolio companies, including acquisition financing, growth capital, rollover, and cross-fund transactions. Leverages the breadth and scale of the Audax platform (180+ platforms, 1,500+ add-ons). Based in New York and London. Debut fund raised approximately $1.3 billion in 2025.
Companies that use Audax Private Equity
Customer profileIdeal customer profiles3 records
Audax Private Equity technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature3 records
Audax Private Equity partnerships and signals
Strategic signalRecent moves39 records
Expansion highlights6 records
Audax Private Equity competitors and assessment
Company assessmentDirect peers
- Advent International: Advent International is a global private equity firm focused on middle-market and large-cap buyouts across business services, financial services, healthcare, and industrials. It is highly comparable to Audax in deal size, sector focus, and Buy & Build approach.
- GTCR: GTCR is a Chicago-based private equity firm that pioneered the 'Leaderless' approach to building platform companies through add-on acquisitions, with a similar middle-market focus on business services, healthcare, and financial services. It is one of the closest direct comparables to Audax's Buy & Build model.
- Thomas H. Lee Partners: THL is a Boston-based private equity firm investing in middle-market companies across business services, financial services, and healthcare, with a strong operating-partner and Buy & Build orientation. Geographically and strategically aligned with Audax.
- Court Square Capital Partners: Court Square Capital is a New York-based middle-market private equity firm focused on business services, healthcare, and specialty industrial investments, often partnered with management teams on Buy & Build platforms. Closely comparable to Audax in deal size and execution style.
- New Mountain Capital: New Mountain Capital is a New York-based private equity firm focused on defensible growth and middle-market buyouts in healthcare, business services, and financial services. It directly overlaps with Audax's Flagship and Origins strategies in size and sector mix.
- Bain Capital: Bain Capital is a large global private equity firm with significant North American middle-market activity (including a known transaction with Audax on FDH Aero). It directly competes with Audax for control and growth investments in the same $20M-$80M EBITDA range across business services, healthcare, and industrials.
Broad incumbents
- KKR: KKR is a global alternatives giant with private equity strategies spanning buyouts, growth, and middle-market platforms. It competes with Audax in mid-to-large buyouts and is also an LP-style capital partner, making it comparable as a broader incumbent in the same investing universe.
- CVC Capital Partners: CVC is a global private equity and investment advisory firm with substantial North American and European buyout activity. It serves as a broad incumbent comparable to Audax, particularly relevant given Audax Strategic Capital's European sponsor-solutions positioning.
- Hellman & Friedman: Hellman & Friedman is a global private equity firm making large and middle-market buyouts in business services, financial services, and healthcare. Comparable to Audax in sector focus and disciplined Buy & Build orientation, though at typically larger equity check sizes.
- Carlyle Group: Carlyle is a global investment firm with significant US buyout and middle-market strategies spanning healthcare, industrial, and business services. While larger and more diversified than Audax, it competes in the same middle-market deal universe and operates a comparable operating-partner model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Audax Private Equity social profiles
Digital presenceAudax Private Equity compliance and trust
Trust signalCompliance5 records
Audax Private Equity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Audax Private Equity leadership team
Management profileNumber of profiles
Profiles15 records
Audax Private Equity subsidiaries and ownership
Company hierarchySubsidiaries3 records
Audax Private Equity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Audax Private Equity M&A and investment
M&A and investmentM&A120 records
Investments129 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Audax Private Equity
What does Audax Private Equity do?
Audax Private Equity is a North American private equity firm that makes control equity investments in middle-market companies and executes a systematic Buy & Build investment methodology. It operates three dedicated strategies: Flagship (middle market, $20M-$80M EBITDA), Origins (lower middle market, $5M-$20M EBITDA), and Audax Strategic Capital (mid-hold equity solutions for sponsor-controlled North American and European platforms). The firm supports portfolio companies through the proprietary Audax Value Agenda framework and a 60+ person Strategic Resources Group.
Is Audax Private Equity a public or private company?
Audax Private Equity is a private company. It is classified as private equity controlled and is currently operating.
When was Audax Private Equity founded?
Audax Private Equity was founded in 1999. It employs 251 to 500 people.
Where is Audax Private Equity based?
Audax Private Equity is headquartered in Boston, United States, in the North America region.
How does Audax Private Equity make money?
Two revenue lines are on record. Management fees and carried interest on private equity funds are the primary driver. The others are capital Raised (Cumulative).
Who are Audax Private Equity's main competitors?
Direct peers on record are Advent International, GTCR, Thomas H. Lee Partners, Court Square Capital Partners, New Mountain Capital and Bain Capital. Broad incumbents are KKR, CVC Capital Partners, Hellman & Friedman and Carlyle Group.
Does Audax Private Equity have an API?
No public API is recorded for Audax Private Equity.
What industry is Audax Private Equity in?
Audax Private Equity's product category is Middle Market Private Equity. Its primary akta.pro industry code is FSANADAD, Asset-Based Lending (ABL). Its NAICS code is 523940 and its SIC code is 6282.