Audax Private Debt, a debt capital partner for middle-market companies, has provided a credit facility to Madison Dearborn Partners‘ acquisition of Unison.
Unison is a provider of procurement and contract management software services to U.S. federal government agencies and government contractors.
“As a testament to the unparalleled quality of its products and services, Unison has experienced decades of tremendous success as the leader in procurement and contract management software for federal agencies and government contractors,” comments Ryan Benedict, managing director at Audax Private Debt. “We have supported Unison for over seven years and are thrilled to continue our work with management, partnering with Madison Dearborn Partners as the Company enters into its next phase of growth.”
Audax Private Debt, part of Audax Group, has invested over $31 billion across more than 1,060 companies in backing over 270 private equity sponsors, and has raised more than $25 billion in capital since it was formed in 2000.