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Trivest completes sale of Total PowerGen Solutions to Audax Private Equity

PRIVATENov 19, 2024

Acquiring Company

Audax Private Equity

Acquired Company

Total PowerGen Solutions

BostonMississaugaFinancial ServicesLending And InvestmentsManufacturingEnergy

Description

Trivest Partners, a leading private equity firm, has completed the sale of its portfolio company Total PowerGen Solutions to Audax Private Equity. Total PowerGen Solutions, a leading provider of commercial and industrial PowerGen solutions throughout Canada, has joined forces with Audax to further its market presence and growth.

Quick answer

Audax Private Equity is acquiring Total PowerGen Solutions, announced November 19, 2024. Audax Private Equity is based in Boston, Massachusetts, United States.

How much did Audax Private Equity pay for Total PowerGen Solutions?
The deal value was not disclosed.
What does Audax Private Equity do?
Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco.
Where are Audax Private Equity and Total PowerGen Solutions based?
Audax Private Equity is based in Boston, Massachusetts, United States. Total PowerGen Solutions is based in Mississauga, Ontario, Canada.
Who are the decision-makers at Audax Private Equity?
Fundz holds 3 contacts at Audax Private Equity. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Audax Private Equity

Location

Boston, Massachusetts, United States

About

Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $30 billion in capital across its Private Equity and Private Debt businesses. Audax Private Equity has invested over $7 billion in more than 140 platforms and over 1,000 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund. Through its disciplined Buy & Build approach, Audax Private Equity seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. With more than 250 employees, Audax is a leading capital partner for North American middle market companies. For more information, visit the Audax Private Equity website: www.audaxprivateequity.com or follow us on LinkedIn.

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Frequently asked

Who acquired Total PowerGen Solutions?

Total PowerGen Solutions was acquired by Audax Private Equity, based in Boston. The deal was reported on November 19, 2024. Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Audax Private Equity is privately held and operates in Financial Services.

When did Audax Private Equity acquire Total PowerGen Solutions?

Audax Private Equity's acquisition of Total PowerGen Solutions was reported on November 19, 2024. Trivest Partners, a leading private equity firm, has completed the sale of its portfolio company Total PowerGen Solutions to Audax Private Equity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Total PowerGen Solutions do?

It is privately held, operating in Manufacturing, and is based in Mississauga.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.