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New Deal


Announced

Completed

Audax Private completed the acquisition of a majority stake in Solve Industrial Motion from Incline Equity Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Private Equity

Electronic Equipment: Other

Friendly

electric power transmission components

Private

Single Bidder

Acquisition

Domestic

United States

Completed

Majority

Synopsis

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Audax Private, a provider of financial services, completed the acquisition of a majority stake in Solve Industrial Motion, a provider of high-quality power transmission components and industrial-grade bearings, from Incline Equity Partners, a private equity firm. Financial terms were not disclosed. “Today’s milestone affirms our strong go-to-market strategy and brand evolution. With Audax’ support, knowledge, and expertise, we hope to drive further global expansion into the broader power transmission and electric motion markets. We are excited to begin this next chapter of growth," Lisa Mitchell, Solve CEO.

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