Senneca Holdings acquired by Kohlberg & Company from Audax

Senneca Holdings, a manufacturer and distributor of specialty doors and enclosures for commercial and industrial end markets, was acquired by Kohlberg & Company, a leading private equity firm headquartered in New York, from Audax Private Equity. No financial terms were disclosed. Jeffrey Stark, Chief Executive Officer of Senneca Holdings, remarked, “We are enthusiastic to be entering the next chapter of the Company alongside our new partners at Kohlberg. Kohlberg has a three decade track record of successfully investing in industrial manufacturing businesses with a focus toward long-term growth. Kohlberg represents a well-capitalized partner that will accelerate our ability to grow through both organic growth initiatives and strategic add-on acquisitions.”