Audax Group agrees to buy AllOver Media

Audax Group has agreed to acquire AllOver Media. Minneapolis, Minn-based AllOver Media operates an out-of-home advertising platform. BMO Harris, Webster Bank and BB&T Capital Mezzanine is providing financing for the deal.


Audax invests in Corepoint Health

The Audax Group has invested in Corepoint Health. Financial terms weren’t announced. Frisco, Texas-based Corepoint provides software that aims to simplify the integration and exchange of health data for hospitals, radiology centers, laboratories, and clinics.


AP Exhaust names Ostrander CEO

AP Exhaust Technologies, a portfolio company of Audax Group, said it named Chris Ostrander as its new chief executive officer and president. Evangelos “Vange” Proimos, the current CEO, will continue as executive chairman. Goldsboro, N.C.-based AP Exhaust makes OE replacement exhaust and emission products for the automotive, light truck, heavy-duty, agricultural, and industrial markets.

PE-backed AAMP of America appoints new president and CEO

AAMP of America, a portfolio company of Audax Group, has hired David A. Klatt Jr. as president and CEO. The appointment became effective January 7. Previously, Klatt worked at Newell Rubbermaid’s global writing segment where he served as president. AAMP is a provider of mobile audio/video products, mobile device accessories and installation and OEM integration solutions.


Advent International acquires Distribution International

Advent International has bought Distribution International, a provider of mechanical insulation and related products in North America. No financial terms were disclosed. As a result of the transaction, existing backer Audax Group will retain a minority stake in the firm and remain on the board of directors. Also, Advent advisors Wes Clark and Chip Hornsby have been added to DI’s board of directors.


Tonka Bay sells Checkers Industrial Safety Products to Audax

Tonka Bay Equity Partners has sold Checkers Industrial Safety Products to Audax Group. Broomfield, Colorado-based Checkers designs and manufactures branded industrial products dedicated to vehicular and workplace safety. Tonka Bay led a recapitalization of Checkers along with the founder in 2010. The firm also completed three add-on acquisitions during its holding period.


Audax-backed Astrodyne buys TDI Power

Astrodyne Corp., a portfolio company of Audax Group, has acquired TDI Power. No financial terms were disclosed. Headquartered in Hackettstown, New Jersey, TDI is a maker of power supplies and systems for semiconductor, industrial, medical and other end markets.


Magnitude Software attracts $100 mln led by Audax Group

Magnitude Software, a provider of enterprise information management software has secured up to $100 million led by Audax Group. Magnitude Software will use the investment to further build the company through product innovation, organic growth and strategic acquisitions.


Audax completes sale of TriMark USA to Warburg Pincus

Audax Group has completed the sale of TriMark USA to Warburg Pincus. South Attleboro, Massachusetts-based TriMark provides equipment to the food services industry. TriMark completed six add-ons during Audax’s ownership and increased revenue from $260 million to more than $1 billion since Audax first invested in 2006.


ACON completes IWP acquisition from Audax and Parthenon Capital

ACON has closed its buy of Injured Workers Pharmacy, a specialty home delivery pharmacy. The sellers were Audax Group and Parthenon Capital Partners. No financial terms were disclosed. Joining ACON on the transaction were Triton Pacific as well as Patrick Keefe and Tracy Finn, two former Omnicare senior executives. Ken Martino, president and CEO of IWP, will continue to lead the company. Citizens Bank provided the debt financing for the deal while Jefferies served as financial adviser to IWP.


Audax-backed CURT acquires Aries

CURT Manufacturing, a portfolio company of Audax Group, has acquired Aries Automotive. No financial terms were disclosed. Headquartered in Torrance, Calif., Aries is a provider of aftermarket truck accessories. Alvarez & Marsal Transaction Advisory Group acted as financial advisor on the transaction.


Audax Group forms MIRATECH Group

Audax Group has acquired MIRATECH and formed MIRATECH Group through its investment in Phillips & Temro Industries and by spinning-off PTI’s silencing business. Headquartered in Tulsa, OK, with additional facilities in Minnesota and Winnipeg, MIRATECH Group offers a full suite of emission and acoustic solutions for industrial engines including catalysts, housings, silencers, control and monitoring systems and other related services.


Audax acquires CURT Manufacturing

Audax Group has acquired CURT Manufacturing. Headquartered in Eau Claire, Wisconsin, CURT designs, manufactures, and distributes towing solutions and trailer and cargo management accessories for passenger vehicles and trucks. CURT sells its products through installer, distributor, e-commerce, retail, and auto dealer channels.

Audax Recaps Rough Country Suspension

Audax Group has recapped Heckethorn Products Inc., which does business as Rough Country Suspension Systems, in partnership with management. It’s unclear how big Audax’s stake is. Financial terms were not announced. GE Capital Corp. and BMO Capital Markets provided senior debt financing and Arrowhead Mezzanine provided junior debt financing. Dyersburg, Tenn.-based Rough Country provides suspension systems to off-road SUV and truck market.

Audax Completes Actifio Implementation

Data management company Actifio has completed its implementation with Audax Group. Audax Group is an investor in middle market companies with over $4 billion of assets under management.


Audax Closes Fund IV At $1.25B Cap: Buyouts

Audax Group, the Boston firm whose two founders trace their roots to Bain Capital, announced that it has closed the fourth iteration of its flagship fund at its hard cap of $1.25 billion.

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