Investment Summary

Audax Private Equity Invests In Stout

On October 28, 2021, private equity firm Audax Private Equity invested in financial services company Stout

Investment Highlights
  • This is Audax Private Equity’s 2nd transaction in the Financial Services sector.
  • This is Audax Private Equity’s 139th transaction in the United States.
  • This is Audax Private Equity’s 14th transaction in Illinois.

Investment Summary
Date 2021-10-28
Target Stout
Sector Financial Services
Investor(s) Audax Private Equity
Deal Type Growth Capital
Advisor(s) William Blair (Financial)
Winston & Strawn (Legal)

Target

Stout

Chicago, Illinois, United States
Stout is a global investment bank and advisory firm specializing in corporate finance, transaction advisory, valuation, financial disputes, claims, and investigations. The firm serves a range of clients, from public corporations to privately held companies in numerous industries. Its clients and their advisors rely on premier expertise, deep industry knowledge, and unparalleled responsiveness on complex matters. Stout is based in Chicago, Illinois.

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Investor(S) 1

Investor

Audax Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Audax Private Equity is a private equity firm focused on acquiring control positions in a variety of mid to large North American headquartered companies. The Firm segments its activities into lower middle-market and larger scale investing. Within its larger group, Audax targets profitable businesses valued up to $800 million and within its lower middle-market group, the Firm seeks companies valued up to $125 million. Sectors of interest include business services, consumer products/services, financial services, healthcare services, industrial services, software, and technology. Audax has a special interest in businesses that can benefit from a buy and build investment strategy for growth. Audax Private Equity was formed in 1999 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 144 of 167
Sector (Financial Services) 2 of 4
Type (Growth Capital) 12 of 18
State (Illinois) 14 of 16
Country (United States) 139 of 158
Year (2021) 10 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 GCX

Petaluma, California, United States

GCX is a global designer and manufacturer of healthcare-focused mounting and mobility solutions with offices in North America, Europe, Japan, and Taiwan. GCX’s products are engineered for reliability and quality, and include wall mounts, roll stands, carts, and a variety of mounting accessories. It partners with medical device OEMs and hospitals to create products that enable caregivers to deliver the highest quality of patient care. GCX was founded in 1971 and is based in Petaluma, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 Acuant

Los Angeles, California, United States

Acuant is a provider of identity verification solutions including a digital identity orchestration layer, ID document, and chip authentication, bio-metric, and data capture solutions. Acuant was founded in 1999 and is based in Los Angeles, California.

Sell $736M
Mergr

Product

Company

Legal