Audax Private Equity
The Firm
Audax Private Equity is a Boston firm founded in 1999 by former Bain Capital partners Geoffrey Rehnert and Marc Wolpow, and it runs roughly $19.5 billion. It is one of the most prolific buy-and-build investors in the middle market, with more than 180 platforms and over 1,400 add-on acquisitions since inception, built around a Buy and Build strategy it treats as a repeatable framework.
In this registry Audax shows up through AKAM, its residential property-management platform managing condos, co-ops, and homeowner associations, into which it has folded six management firms since 2022. The pattern is the firm's whole thesis in miniature: buy a platform, then acquire the smaller operators around it.
For a property-management searcher, Audax is the ceiling buyer whose add-on machine competes for the same regional books you want. In a meeting, know the 1999 founding and Bain lineage, the buy-and-build framework, the platform-and-add-on scale, and that AKAM, not the fund, is the counterparty on a management-company deal.
What It Buys
Boston, MA. A North American middle-market buy-and-build firm with over 180 platforms since 1999; its AKAM platform manages condos, co-ops, and HOAs and has folded in six property-management firms since 2022.
Selling to them one day, or watching them as the other bidder? Track them in the Contact Book so the relationship has a next-touch date.
Confirmed Deals
1 deal traced to announcements by Audax Private Equity, 2026, newest first. Firms that announce every deal show a fuller run here than firms that report acquisitions as quarterly counts, so read this as the evidence that clears the bar rather than as the firm's whole record.
- AKAM · February 27, 2026
A New York and Florida association manager running three brands, six acquisitions integrated since 2022.