Golub Capital, as Administrative Agent and Joint Lead Arranger, has provided a senior credit facility to support the acquisition of RelaDyne by Audax Private Equity (Audax).
RelaDyne, headquartered in Cincinnati, Ohio, is an industry-leading lubricant, fuel, and DEF distributor providing customers with integrated reliability management services for industrial and commercial businesses. RelaDyne's distribution platform spans more than 40 locations serving customers across the Central, Mid-Atlantic, and Southern US.
This marks the fifth transaction Golub Capital and Audax have completed together over the past year.
"We are thrilled to partner with Audax to support RelaDyne's impressive growth strategy and management," says Brian Crabb, Managing Director at Golub Capital. "We look forward to continuing to work alongside Audax on this and other opportunities."
"Golub Capital provided a deep understanding of the industry and our execution strategy, which provided us with confidence they would deliver an effective financing solution," says Mark Cordes, Managing Director at Audax.
