Audax Private Debt announced that, as a Co-Lead Investor, it provided Mezzanine Notes to support Sentinel Capital Partners’ investment in TriMech.
Headquartered in Richmond, VA, TriMech sells and services engineering software, 3D printers and consumables, 3D scanners, and other engineering and manufacturing-related offerings. The Company partners with leading software and hardware providers, including Dassault Systèmes and Stratasys, to deliver expert technical support, training, consulting, implementation, and staffing services to its customers through its world-class engineering staff.
“Over the last decade, 3D CAD has revolutionized the engineering workflow,” said Rahman Vahabzadeh, Managing Director at Audax Private Debt. “The pace of change continues to accelerate— impacting every industry at each stage of the design process, and we believe that TriMech is well-positioned for growth and continued success. We are thrilled to partner with Sentinel and the TriMech team to support the Company in this exciting next chapter.”
“Audax Private Debt has been a reliable and engaged financing partner for us, structuring and executing a tailored financing solution that we believe will position the Company for continued growth,” said Jon Gurss, Principal at Sentinel Capital Partners. “We see a tremendous amount of opportunity to help the Company continue scaling, and Audax is an ideal partner to support the acceleration of TriMech’s growth and service offerings.”