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Audax Private Equity Announces Acquisition Of Medi-Weightloss, Inc.

PRIVATENov 28, 2022

Acquiring Company

Audax Private Equity

Acquired Company

Medi-Weightloss

BostonFinancial ServicesLending And InvestmentsHealth CareDietary SupplementsNutrition

Description

Audax Private Equity (“Audax”) announced the acquisition of Medi-Weightloss, Inc. (“the Company”), a leading operator of science-based, physician-supervised weight-loss and wellness clinics, with approximately 100 franchised and company-owned locations nationally. Buzz Franchise Brands is co-investing alongside Audax as a minority-stake partner. Financial terms of the transaction were not disclosed.

Quick answer

Audax Private Equity is acquiring Medi-Weightloss, announced November 28, 2022. Audax Private Equity is based in Boston, Massachusetts, United States.

How much did Audax Private Equity pay for Medi-Weightloss?
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 Medi-Weightloss based?
Audax Private Equity is based in Boston, Massachusetts, United States.
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 Medi-Weightloss?

Medi-Weightloss was acquired by Audax Private Equity, based in Boston. The deal was reported on November 28, 2022. 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 Medi-Weightloss?

Audax Private Equity's acquisition of Medi-Weightloss was reported on November 28, 2022. Audax Private Equity (“Audax”) announced the acquisition of Medi-Weightloss, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Medi-Weightloss do?

Based in Tampa, Florida, Medi-Weightloss is a national franchisor and direct provider of physician-supervised weight loss and wellness clinics, and a provider of healthy food products and supplements. It is privately held, operating in Health Care.

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