Audax Private Equity (Audax) has completed the sale of RelaDyne (RelaDyne) to American Industrial Partners (AIP). Terms of the transaction have not been disclosed.
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 an international provider of sustainability and reliability services to the commercial and industrial end-markets. The Company focuses on preventive maintenance, lowering total cost of ownership, decarbonisation, and enhancing the sustainability and reliability of customers’ critical equipment and assets, and serves over 25,000 customers throughout the broad industrial, commercial, and automotive end-markets.
