Audax Private Debt Provides Financing to Support Add-On Acquisitions for Charlesbank Capital Partners’ Portfolio Company, ImageQuix
NEW YORK -- Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support add-on acquisitions for Charlesbank Capital Partners’ portfolio company, ImageQuix (the “Company”), a provider of workflow and e-commerce software for the professional photography industry.
Headquartered in Raleigh, NC, ImageQuix serves over 10,000 professional photographers and photography studios worldwide across high-volume school and sports, wedding, portrait, and event and attraction photography. The Company’s service offering is the core operational software used by photography studios and is deeply embedded in customers’ businesses, enabling photographers to digitize their end-to-end workflow and more effectively monetize their images. Having grown rapidly both organically and through acquisitions, ImageQuix continues to be a pioneer of technological adoption in the professional photography industry.
About Audax Private Debt
Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $35 billion in support of over 275 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, follow us on LinkedIn.
