Audax Private Equity acquired a controlling interest in Colony Hardware Corporation, a leading distributor of tools, safety products, and other contractor supplies. Tailwind Capital, the Company’s previous sponsor, will retain a minority stake, as will the Company’s management team. Financial terms were not disclosed. “Colony is a leader in the consumable construction tools, safety equipment, and jobsite supply market. We believe the company is poised for growth as it continues to expand its presence throughout the United States. We look forward to supporting Michael, Mark, and the entire Colony team to continue growing the business organically and through acquisitions.” Geoffrey S. Rehnert Audax Group CO-CEO.