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Audax Credit Opportunities invests in debt securities of leveraged, non-investment grade companies with a focus on the middle market. We are active in all segments of the syndicated and club leveraged loan markets targeting companies with EBITDA between $10 million and $50 million. We participate in broadly syndicated transactions which meet our targeted return threshold.
We seek to invest in a diversified pool of first lien bank debt, second lien bank debt, mezzanine debt, stressed/distressed bank debt and other junior securities. Audax Credit Opportunities partners with banks and other agents to provide $5 million to $15 million investments as part of a financing solution for issuers. We provide timely feedback to our financing partners through our expertise in credit analysis and underwriting. We do not directly originate or agent leveraged loan transactions. When appropriate, we will utilize the secondary markets to enter or exit a credit.
Audax Credit Opportunities benefits from the middle market expertise and transaction sourcing capabilities of Audax Group.
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