Nautic Partners completed the acquisition of Proud Moments from Audax.

Nautic Partners, a private equity firm, completed the acquisition of Proud Moments, a provider of applied behavioral analysis therapy to children with autism, from Audax Private Equity, a capital partner for middle market companies. Financial terms were not disclosed. “When we first backed the company, our principal objective was to increase access to care and invest in the organization’s foundation to drive outcomes for Proud Moments’ patients. We did this through building out the corporate infrastructure and management team; investing in de novo growth; completing seven acquisitions to expand the company’s geographic footprint; and recruiting behavioral technicians and board-certified behavior analysts to enhance and grow the clinical team," Keith Palumbo, Audax Partner and Co-President.