Audax Group announced it has acquired CURT Manufacturing, LLC ("CURT").
Headquartered in Eau Claire, Wisconsin, CURT designs, manufactures, and
distributes towing solutions and trailer and cargo management
accessories for passenger vehicles and trucks. CURT sells its products
through installer, distributor, e-commerce, retail, and auto dealer
Geoffrey S. Rehnert, Co-CEO of Audax Group, said "CURT is a
leader in a growing segment of the automotive aftermarket. We look
forward to working with Greg Hooks and the CURT team to grow the
business organically and with acquisitions."
Greg Hooks, CEO of CURT, said "We are excited to have Audax as
our new partner Its track record of sourcing and integrating add-on
acquisitions will enhance our ability to grow while continuing to build
on our brand's reputation of market-leading value."
Kirkland & Ellis LLP served as counsel to Audax Group. BB&T Capital
Markets advised CURT. BMO Capital Markets and GE Capital Corporation
provided senior debt financing and BB&T Capital Partners provided junior
ABOUT AUDAX GROUP
Audax Group, founded in 1999, is a leading investor in lower-middle
market companies. With offices in Boston and New York, Audax has over $5
billion in assets under management in its Private Equity, Mezzanine, and
Senior Debt businesses. For more information visit the Audax Group
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