Healthcare & Life Sciences Private Equity Deal Tracker: Audax Acquires Flow Control Holdings

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Audax Private Equity has announced it has completed a strategic growth investment in Flow Control Holdings.

Flow Control, based in Cincinnati, Ohio, is provider of sanitary flow components to producers of pharmaceuticals and other non-healthcare products. Founded in 2018, Flow Control is the parent company to Steel & O’Brien Manufacturing and Ace Sanitary.

Audax, with private equity offices in Boston, New York and San Francisco, focuses on investments in middle market companies and has a wide flexibility on investment size. Founded in 1999, the firm targets companies within healthcare and several other industries, specifically those generating between $10 million and $50 million in annual EBITDA.

Terms of the acquisition were not disclosed.

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