Audax Private Equity (Audax), a capital partner for middle and lower-middle market companies, has sold Enviromatic Systems, a provider of essential facility services for building management systems (BMS). Chicago-based Wind Point Partners (Wind Point) acquired Enviromatic on December 8, 2025. Terms of the deal are not disclosed.
Based in Grand Prairie, TX, with more than 275 employees, Enviromatic designs, engineers, programs, and integrates mission-critical building management systems, providing a suite of recurring specialised services that range from installation and retrofits to ongoing maintenance. Through intelligent building automation, Enviromatic helps institutions reduce energy consumption and emissions, serving a customer base that spans the municipal, university, school and healthcare end markets.
Audax originally invested in the company through its lower middle market Origins strategy in July, 2023. Over its hold, Audax invested in the management team and infrastructure, while coupling organic growth initiatives with M&A to enter new geographies, add adjacent service offerings, and establish new relationships with leading OEMs. Enviromatic completed two add-on acquisitions under Audax, and since the Origins investment, experienced strong top- and bottom-line growth.
The sale of Enviromatic represents the second exit for the Origins strategy since June of this year, and the ninth realisation across Audax’s Flagship and Origins strategies in 2025. In addition to the exit activity, the Origins strategy has been actively deploying capital, securing three new investments in 2025, investing out of its debut vehicle, Origins Fund I, which raised $965m in 2023, inclusive of GP co-investment vehicles.
Guggenheim Securities, LLC served as advisor to Audax Private Equity on the sale, while Cascadia Capital, LLC served as co-advisor and Ropes & Gray provided legal counsel.
