Ropes & Gray Advises Audax in Sale of AAMP Global to The Halifax Group
Ropes & Gray advised Audax Private Equity on its sale of AAMP Global to The Halifax Group. The transaction was announced on Nov. 6. The press release is here.
AAMP, based in Clearwater, Florida is a leading global supplier of vehicle and related consumer technology solutions within the integration, infotainment, high-performance audio, safety, and connectivity product categories. Under Audax ownership, AAMP completed nine add-on acquisitions and significantly increased revenue. Financial terms of the transaction weren’t disclosed.
Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, Audax has raised over $26 billion in capital across its Private Equity and Private Debt businesses.
The Ropes & Gray team advising Audax was led by private equity transactions partner Kendrick Chow (Boston) and tax partner Lee Allison (New York), and included private equity transactions associate Adam Leamon (Boston).