Audax Private Equity completed the investment in Pyramid Laboratories.

Audax Private Equity, an alternative investment manager, completed the investment in Pyramid Laboratories, a drug product contract development and manufacturing organization. Financial terms were not disclosed. “We are excited to partner with Audax as we embark on an exciting new chapter in our growth story. Audax’ track record of partnering with founders to accelerate growth in the healthcare space will strengthen our ability to service our existing customers, build new commercial relationships, and enhance our service offerings, while maintaining our commitment to quality," Medhat Gorgy, Pyramid Founder and CEO.