Audax Private Debt Provides Financing to Support Kelso & Company’s Acquisition of Beacon Communications
NEW YORK - Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a senior secured credit facility to support Kelso & Company in its acquisition of Beacon Communications (“Beacon” or the “Company”), a provider of critical communications and security system integration solutions to commercial clients.
Founded in 1998 and headquartered in Littleton, CO, Beacon provides implementation, managed services, and break-fix support across clinical solutions and communications, security, and fire & life safety systems. The Company serves customers across healthcare, education, corporate, and government end markets with a focus on enhancing safety and operational efficiency.
Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested $52 billion in support of over 295 private equity sponsors. Audax Private Debt provides tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging 35 years in private credit and 23 years working together at the firm through multiple economic cycles.
