Audax Explored Sale of Minority Stake


Audax Group held talks to explore a sale of a stake in itself to other PE firms, the Wall Street Journal reported. The Boston PE firm considered selling a minority stake for a new source of money but decided not to proceed with a deal, the story said. Audax tapped Perella Weinberg Partners to advise on the deal, the WSJ said.


It's on us. Share your news here.

Submit your stories and articles to citybizlist today.