QUICK LOOK: Audax Private Equity partners with management teams of established, market-leading companies with the vision and desire to create much larger entities through acquisition and organic growth. Audax’ proven “buy and build” approach supports our management partners in executing add-on acquisitions, accelerating growth, and optimizing overall company operations to significantly increase equity value. 80+ Platform Investments Acquisitions 350+ Add-On Since 1999, we have invested more than $2.5 billion in over 80 platform and 350 add-on companies. Our team is led by Co-CEOs and Managing Directors who have been together for more than 15 years. We have a dedicated team of 50 investment, transaction, and operations professionals delivering the expertise and experience necessary to build companies of substantial value. Add-ons Per Platform 4.3 Average IV Closed $1.25B Fund Working with our management partners, we have repeatedly transformed market leaders into appreciably larger, better-positioned, and more valuable companies. We are collaborative, committed, team-oriented partners who pride ourselves on being responsive and thoughtful. We bring the resources necessary to support execution. PLATFORM CRITERIA: • $5 – $35 million in EBITDA • Flexible. We structure transactions for sellers whether they are owners staying with the business, owners seeking to transition out of the business, corporations divesting assets, or other financial sponsors seeking an exit. • Enterprise value of $50 million to $250 million • Creative. We accelerate organic growth within our platform investments with add-on acquisitions. Some companies have acquisition pipelines, while others need assistance in developing strategy, identifying and sourcing acquisitions, and/or integrating and maximizing the value of acquisitions. • Proven management • Focused. We work in teams, allowing us to move quickly through the transaction process and to support management partners during ownership. Each investment has a team of professionals who work closely with our management executives to provide access to internal resources and external relationships. • Strong EBITDA growth prospects SENIOR TEAM • Market-leading position • Sustainable competitive advantages • High free cash flow conversion • Industry structures consistent with our “buy and build” strategy • Multiple exit opportunities CONTACT Geoffrey S. Rehnert Marc B. Wolpow Audax Private Equity Adam A. Abramson Jay C. Jester John J. Mitchell Donald G. Bramley Young J. Lee Keith R. Palumbo Mark D. Cordes Timothy S. Mack Joseph P. Rogers, Jr. 101 Huntington Avenue Boston, MA 02199 p:(617) 859-1500 f : (617) 859-1600 Oliver C. Ewald Hiren V. Mankodi David J. Wong BUSINESS DEVELOPMENT Franklin H. Foster Pamela F. Martin 2440 Sand Hill Road www.audaxprivateequity.com Suite 100 Menlo Park, CA 94025 p:(650)-252-0600 Jay C. Jester, Managing Director Christopher Satti, Vice President [email protected] [email protected] Kevin Smith, Vice President [email protected] CURRENT INVESTMENTS CONSUMER & BUSINESS SERVICES WHEELPROS – 2014 Leading designer, marketer, and distributor of branded aftermarket wheels, primarily for light trucks and similar vehicles CURT MANUFACTURING - 2014 Designer, manufacturer, and distributor of towing solutions and trailer and cargo management accessories for passenger vehicles and trucks ADD-ON CRITERIA: • EBITDA of any size • Strategic fit with a platform company – Direct competitors – Complementary products / services ROUGH COUNTRY – 2012 Supplier of aftermarket suspension lift kits and components INTEGRATED SUPPLY NETWORK – 201 1 Leading independent distributor of tools, testing equipment, and related supplies sold into the aftermarket automotive repair industry COZZINI BROS – 2010 Provider of knife sharpening and rental services to the foodservice industry – O verlapping customers / channel relationships – Indirect competitors in adjacent markets INDUSTRIALS CHEMICALS IN THE SWIM – 2008 GABRIEL PERFORMANCE PRODUCTS – 2014 Multi-channel direct marketer of swimming pool supplies and equipment Manufacturer of mercaptan epoxy curing agents (ECAs) and other specialty chemicals UNITED RECOVERY SYSTEMS – 2008 QUEST SPECIALTY CHEMICALS – 2011 Third-party contingency debt collection services Specialty chemical coatings manufacturer US SECURITY ASSOCIATES – 2008 KODA DISTRIBUTION GROUP – 2010 Provider of private security and risk mitigation services Distributor of specialty chemicals PHOENIX CHILDREN’S ACADEMY – 2007 Early child care centers for children six weeks to twelve years old AAMP OF AMERICA – 2006 Manufacturer and distributor of automotive aftermarket audio accessories and consumer electronics integration devices INDUSTRIALS CHECKERS INDUSTRIAL SAFETY PRODUCTS – 2014 HEALTHCARE Leading manufacturer of branded industrial safety products including cable protectors, wheel chocks, warning whips, and industrial signals GENTLE DENTAL- 2014 LUMINATOR TECHNOLOGY GROUP – 2014 Leading dental practice management company in the New England region Designer and manufacturer of engineered display, lighting, and passenger communication systems VISION GROUP HOLDINGS - 2014 Leading provider of LASIK vision correction services in the United Sates and Canada AP EXHAUST - 2014 CHESAPEAKE IRB - 2013 THALHEIMER BROTHERS – 2012 Provider of independent institutional review board services Non-ferrous scrap metal processor LABORIE MEDICAL TECHNOLOGIES – 2012 ELGIN FASTENER GROUP – 201 1 Manufacturer of aftermarket emission control systems Provider of urodynamic testing equipment and consumables for urinary incontinence Manufacturer of specialty fasteners for niche industrial end markets NUMOTION – 201 1 Manufacturer and distributor of power supplies and components ASTRODYNE – 2008 Provider of complex rehab equipment and assistive technologies CENTRIC PARTS– 2008 ADVANCED DERMATOLOGY & COSMETIC SURGERY – 201 1 Dermatology-focused physician practice management company Supplier of brake parts, kits, and accessories to the auto and truck aftermarkets CORRECT CARE SOLUTIONS – 2010 WINCHESTER ELECTRONICS – 2006 Designer and manufacturer of RF coaxial, board-to-board and power interconnects, and cable assemblies Provider of outsourced healthcare staffing and services to local and state correctional facilities TRIDENT USA – 2008 & 2013 Provider of clinical laboratory and portable X-ray services as well as mobile bedside imaging services MATERIALS & BUILDING PRODUCTS TECHNOLOGY, MEDIA & TELECOM NEPTUNE-BENSON – 201 1 Provider of filtration systems and filter accessories to the recreational aquatics industry ALLOVER MEDIA– 2015 Operates the largest alternative out-of-home media platform in the United States AFFORDABLE INTERIOR SYSTEMS – 2007 Manufacturer of high quality, value-priced office systems furniture COREPOINT HEALTH– 2015 RESA POWER SOLUTIONS – 2014 Provider of interoperability software to healthcare providers Provider of life extension solutions for electrical distribution and control equipment MAGNITUDE SOFTWARE – 2014 Provides Enterprise Information Management (“EIM”) software to large and medium-size companies AAVID – 2012 Designer and manufacturer of thermal management solutions for highperformance applications Manufacturer of specialty doors for non-residential end markets. ENERGY ELGIN EQUIPMENT GROUP – 201 1 DATA INTENSITY – 2012 Provider of outsourced application management services ROGUE WAVE – 2012 Provider of C++ focused application development tools and libraries FLEXSTAR TECHNOLOGY – 2006 CHASE DOORS – 2014 Manufacturer of material processing parts and equipment for coal, oil and gas applications BRIDGEPORT TANK TRUCKS – 2007 Fluid transport and disposal services and equipment rentals for oilfield services in Texas Provider of data storage testing solutions for data storage Excludes two transactions not announced at the request of our management partners.
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