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Audax Private Debt Supports Tailwind Capital’s Acquisition of GrayMatter

Date: May 08, 2024 @ 07:15 AM
Filed Under: Technology

Audax Private Debt was the sole Mezzanine Notes provider to support Tailwind Capital in their acquisition of GrayMatter, an industrial automation services and consulting company focused on helping customers across a variety of end markets optimize their manufacturing operations with digital solutions.

Founded in 1991 and headquartered in Pittsburgh, PA, GrayMatter provides industrial intelligence technology solutions and software tools for food and beverage, pharmaceutical, consumer goods, and diversified industrials end markets, amongst others. GrayMatter offers advanced industrial analytics, automation and controls, industrial cybersecurity, and other operations technology services to help organizations transform their plant-level and manufacturing control systems.

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