Audax gets $126 million credit facility for Lewis-Goetz purchase

By Sara Rosenberg

New York, June 19 - Audax Group closed on a new $126 million senior secured and senior subordinated credit facility that was used to help fund the acquisition of Lewis-Goetz and Co., Inc., according to a news release.

GE Capital Markets acted as lead arranger and bookrunner on the deal.

The facility consists of a revolver, a term loan and an acquisition facility.

Audax Group is an investor in middle-market companies and has offices in Boston and New York. Lewis-Goetz is a Pittsburgh-based distributor of fabricated industrial rubber products.

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