Audax Group, Boston, MA, has acquired UTEX Industries, Inc. Headquartered in Houston, TX, UTEX is a manufacturer of complex gaskets and highly engineered seals to oil and gas, water distribution, and industrial end markets.
  ;
UTEX CEO Michael Balas will continue to lead the management team.
  ;
Audax Group Co-CEO Geoffrey S. Rehnert says the firm, which invests in middle-market companies, wants to capitalize on positive trends in the energy market. Audax plans to grow the business by expanding into new markets and executing strategic add-on acquisitions.
Audax Group Acquires Seal Supplier UTEX
Audax Group, Boston, MA, has acquired UTEX Industries, Inc. Headquartered in Houston, TX, UTEX is a manufacturer of complex gaskets and highly engineered seals to oil and gas, water distribution, and industrial end markets.
  ;
UTEX CEO Michael Balas will continue to lead the management team.
  ;
Audax Group Co-CEO Geoffrey S. Rehnert says the firm, which invests in middle-market companies, wants to capitalize on positive trends in the energy market. Audax plans to grow the business by expanding into new markets and executing strategic add-on acquisitions.<br ...
  ;
UTEX CEO Michael Balas will continue to lead the management team.
  ;
Audax Group Co-CEO Geoffrey S. Rehnert says the firm, which invests in middle-market companies, wants to capitalize on positive trends in the energy market. Audax plans to grow the business by expanding into new markets and executing strategic add-on acquisitions.<br ...
Share this article
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.