Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support add-on acquisitions for Charlesbank Capital Partners’ portfolio company, ImageQuix, a provider of workflow and e-commerce software for the professional photography industry.
Headquartered in Raleigh, NC, ImageQuix serves over 10,000 professional photographers and photography studios worldwide across high-volume school and sports, wedding, portrait, and event and attraction photography. The Company’s service offering is the core operational software used by photography studios and is deeply embedded in customers’ businesses, enabling photographers to digitize their end-to-end workflow and more effectively monetize their images. Having grown rapidly both organically and through acquisitions, ImageQuix continues to be a pioneer of technological adoption in the professional photography industry.