Audax Private Equity completed the acquisition of Krayden from Quad-C Management.

Audax Private Equity, a private equity firm, completed the acquisition of Krayden, a distribution platform, from Quad-C Management, an investment company. Financial terms were not disclosed. “Audax Private Equity stood out as a preferred investor due to the firm’s deep experience in the distribution and specialty chemicals space as well as its proven buy-and-build approach to catalyze growth. We want to thank the team at Quad-C for their support and guidance over the previous five years. We’re excited about this next phase of growth and will leverage the resources available through Audax to accelerate our expansion efforts,” Wayne Wagner, Krayden Chief Executive Officer.