Audax obtains $166 million multi-currency facility with GE Antares

By Jennifer Chiou

New York, April 24 - Audax Group announced that it closed on a $166 million multi-currency, cross-border credit facility with GE Antares as administrative agent.

GE Capital Markets acted as joint lead arranger and joint bookrunner on the facility, which will be used to help fund Audax's acquisition of Luminator Technology Group, LLC.

GE Antares is a unit of GE Capital.

Audax Group is an investor in middle-market companies and has offices in Boston and New York. Plano, Texas-based Luminator is a global designer and manufacturer of engineered display, lighting and passenger communication systems.

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