Audax Private Equity completed a $327m investment in The Harbourfront Group.

Audax Private Equity, a private equity firm, completed a $327m investment in The Harbourfront Group, a wealth management and financial planning advisory firm. “The nine-figure equity investment by Audax in our company provides validation that Harbourfront’s business formula is disrupting the independent investment dealer space in Canada. The partnership with Audax will accelerate our company’s organic growth plus better position us to grow by acquisition. Over the past eight years, we’ve changed the lives of our clients and today, we’re rewarding the advisors who took the leap and joined us. Our strategic partnership with Audax will allow us to do more of the same but on an even bigger scale,” Danny Popescu, Harbourfront CEO.