Audax Private Equity, Boston, MA, has agreed to acquire RelaDyne, Cincinnati, OH, a distributor of lubricants, fuel, diesel exhaust fluid and industrial reliability services. Terms were not disclosed.
“RelaDyne and its team of 750+ associates are excited to be partnering with Audax,” states Larry Stoddard, president and CEO of RelaDyne. “They bring great expertise and funding focused on distribution and will help us meet the long-term goals as we continue to build this great company.”
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