Apr 2023

Audax Private Debt Provides Financing to Support Apax Partners’ Continued Investment in SavATree

Audax Private Debt announced that, as Sole Notes Purchaser, it provided a new growth capital debt facility to support the continued investment in SavATree (“SavATree” or the “Company”) by Apax Partners, a New York and London-based private equity firm focused on the technology, services, healthcare, and internet / consumer sectors.

SavATree, a leading, professional tree, shrub and lawn care provider, was founded in 1978 and is headquartered in Bedford Hills, New York. SavATree is committed to an environmentally sensible approach to tree, shrub and lawn care services and has been caring for residential, commercial and government properties for over 40 years. The company services customers in 28 states through 81+ locations.