Audax Private Equity to Acquire RelaDyne
Summary
Led by Larry Stoddard, President and CEO, RelaDyne provides customers with integrated reliability management services for industrial and commercial businesses.We look forward to working with Larry Stoddard and the RelaDyne team to build a national platform through organic growth and strategic add-on acquisitions.” RelaDyne, headquartered in Cincinnati, Ohio, is an industry leading lubricant, fuel, and DEF distributor providing customers with integrated reliability management services for industrial and commercial businesses.RelaDyne’s distribution platform spans more than 90 locations serving customers across the Central, Mid-Atlantic, and Southern U.S. For more information, visit www.RelaDyne.com.Geoffrey S. Rehnert, Co-CEO of Audax Group, said, “RelaDyne is a leader in lubricant, fuel, and DEF distribution and customer service.We look forward to working with Larry Stoddard and the RelaDyne team to build a national platform through organic growth and strategic add-on acquisitions.” Larry Stoddard, President and CEO of RelaDyne, said, “RelaDyne and its team of 750+ associates are excited to be partnering with Audax.