Audax explored sale of minority stake: Wall Street Journal

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.

Source: https://www.pehub.com/2017/12/audax-explored-sale-of-minority-stake-wall-street-journal/

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