Deal Details
RelaDyne Is Acquired by AIP
Summary
RelaDyne, Inc. (“RelaDyne” or the “Company”), a portfolio company of Audax Private Equity (“Audax”), was recently acquired by American Industrial Partners (“AIP”). Terms of the transaction were not disclosed.
Baird served as the lead financial advisor to RelaDyne, Inc. on this transaction.
About
RelaDyne is a leading provider of lubricants and distributor of less-than-truckload fuel, diesel exhaust fluid, chemicals and other related products in the United States. RelaDyne is also a leading international provider of sustainability and reliability services to the commercial and industrial markets. The Company focuses on preventive maintenance, lowering total cost of ownership, decarbonization and enhancing the sustainability and reliability of customers’ critical equipment and assets. RelaDyne serves over 25,000 customers throughout the broad industrial, commercial and automotive end-markets. RelaDyne was formed in 2010 by the combination of four well-established industry-leading companies and has since grown to more than 60 locations by strategically acquiring other industry leaders in the lubricant, fuel distribution and industrial service segments. The Company is headquartered in Cincinnati, Ohio.Audax is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $30 billion in capital across its Private Equity and Private Debt businesses. Audax has invested over $8 billion in more than 150 platforms and over 1,000 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund.
AIP is an operationally oriented private equity firm that makes investments in industrial businesses serving domestic and global markets. AIP has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, American Industrial Partners has completed more than 100 transactions and currently has approximately $8 billion of assets under management on behalf of leading pension, endowment and financial institutions. AIP is headquartered in New York, New York.
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- Date
- January 2022
- Company
- RelaDyne, Inc.
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Distribution
- Target Geography
- North America
- Acquiror Geography
- North America
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