Audax Private Equity to invest in Oakbridge Insurance Agency.

Audax Private Equity, an alternative investment manager, agreed to invest in Oakbridge Insurance Agency, an independent insurance and risk management agency. Financial terms were not disclosed. “Oakbridge has built a best-in-class insurance brokerage platform, driven by the exceptional level of service offered to clients and the Company’s expertise across numerous specialized offerings and capabilities. As Robbie and the Oakbridge team continue to execute their strategy, we believe there is a compelling opportunity to accelerate growth throughout the Southeast,” Bill Allen, Audax Private Equity Managing Director.