Audax Sells Preferred Compounding

Audax Sells Preferred Compounding

Audax Private Equity has sold Preferred Compounding Corporation to HEXPOL for $232 million. Audax acquired Preferred Compounding from Wingate Partners in January 2016. Preferred Compounding supplies proprietary and custom mixed rubber compounds, including strips, slabs, pellets, and calendered sheets, used by molders, extruders, and mixers that are active in the automotive, general industrial, and infrastructure […]