Audax Private Equity | Tri-Ed
Summary
Audax proved to be a terrific match for Tri-Ed in supporting the company’s organic growth by strengthening Tri-Ed’s systems and infrastructure to enable that expansion. During Audax’ ownership, Tri-Ed implemented a salesforce CRM, barcoding and warehouse management modules, and also launched an e-commerce web and mobile platform to support its omni-channel strategy. After improving Tri-Ed’s market position as a leading independent, national player, Audax sold Tri-Ed in September 2014 to Anixter International. "Audax’ expertise in helping us execute our Buy and Build strategy was essential for improving Tri-Ed’s market position and expanding our end market and geographic presence.” Pat Comunale, CEO, Tri-Ed "The Tri-Ed management team did an exceptional job building the company through continued organic growth, greenfields, and integrating multiple acquisitions that penetrated new markets and products. Today, the company is a clear North American leader and positioned for continued growth and success.” Jay Mitchell, Managing Director, Audax Private Equity