Audax Private Equity acquires Techniks from Tenex Capital Management

Audax Private Equity (“Audax P.E.”) a control oriented Private Equity fund has acquired Techniks Industries (“Techniks”). Part of the funding for the deal came in the form of a mezzanine loan. Audax P.E.’s focus is to build leading middle market companies through its investment activity. They have invested over $3 billion across 88 platforms and 414 other add on acquisitions. Techniks is a leading provider of industrial tool holders and cutting tools for the North America region. Techniks was previously held by Tenex Capital Management, a private equity firm based out of New York. LBC Credit Partners (“LBC”) provided the mezzanine loan to help complete the deal. LBC is a leading provider of financing solutions to middle market companies.

What We Offer
  • Corporate Finance Expertise
  • Vast Practical Experience
  • Legendary Customer Service
Latest M&A Industry Updates!
  • Current trends in Lower Middle M&A Market and Middle-market Mezzanine!
Get a Free Consultation!
  • Mezzanine Funding Solutions
  • Advisory Services
  • End-to-end Acquisition Services
Get a Free Consultation

* Fields marked with an asterisk are mandatory

From Our Blog

Special Recent Posts

Deal Doing and the Happiness Quotient

Deal Doing and the Happiness Quotient

April 24th, 2018

The deal business and happiness are not ... read more

Impact of Rising Rates on the Middle Market

Impact of Rising Rates on the Middle Market

April 17th, 2018

The headlines are awash with news of int... read more

Common Challenges of Sourcing Acquisition Financing

Common Challenges of Sourcing Acquisition Financing

April 16th, 2018

The search for acquisition financing is ... read more

© 2018 AttractCapital, LLC All Rights Reserved.