NEW YORK--(BUSINESS WIRE)--Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Madison Dearborn Partners’ acquisition of Unison (the “Company”), a leading provider of purpose-built procurement and contract management software solutions to U.S. federal government agencies and government contractors.
Founded in 1983 and headquartered in Dulles, Virginia, Unison offers its clients differentiated solutions to help them transact and manage contracts more efficiently and comply with complex federal contracting requirements. Unison’s software suites turn AI, bot, and NLP technologies into applied innovation—solving real business problems and creating opportunities for clients. A trusted partner with longstanding relationships and a track record of customer-led success, Unison currently serves all 15 U.S. cabinet-level agencies and has more than 200,000 product end users.
“As a testament to the unparalleled quality of its products and services, Unison has experienced decades of tremendous success as the leader in procurement and contract management software for federal agencies and government contractors,” said Ryan Benedict, Managing Director at Audax Private Debt. “We have supported Unison for over seven years and are thrilled to continue our work with management, partnering with Madison Dearborn Partners as the Company enters into its next phase of growth.”
Unison “Powers the Business of Government” through secure cloud and on-premise software, marketplace, and information products that support more than 200,000 users in Federal agencies, major DoD programs, and leading prime contractors. All software development and support are done within the USA. For over 30 years, Unison has continually advanced software and insight solutions to help Federal programs efficiently achieve their missions.
To learn more, please visit www.unisonglobal.com.
About Audax Private Debt
Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, Audax Private Debt has invested over $31 billion across more than 1,060 companies in support of over 270 private equity sponsors, and has raised more than $25 billion in capital. The platform offers its clients a range of financing solutions, including first lien, stretch senior, unitranche, second lien and subordinated debt, as well as equity co-investments. With more than 50 investment professionals and over 180 employees, Audax Private Debt provides financing certainty, add-on investment capability, and the experience and collaborative approach to partner with private equity firms and their portfolio companies. For more information, please visit www.audaxprivatedebt.com or follow us on LinkedIn.
Audax Private Debt is an integral part of Audax Group, a leading alternative investment manager with offices in Boston, New York, and San Francisco.