Audax Private Debt Provides Financing to Support Quad-C Management’s Acquisition of Dane Street
NEW YORK - Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a senior secured credit facility to support Quad-C Management in its acquisition of Dane Street, a national provider of Independent Medical Evaluations and Peer Review services to over 300 clients.
Founded in 2008 and headquartered in Palm Beach Gardens, FL, Dane Street provides Independent Medical Evaluation and Review Services to the Workers’ Compensation, Auto, Disability, and Group Health insurance markets. Dane Street’s clients include Insurance Carriers, Third Party Administrators, Health Plans, Fortune 500 Employers, and Law Fims.
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.
