Audax Acquires A&A

Audax Group has acquired a control position in A&A Manufacturing Company Inc., a New Berlin, Wis.-based designer and manufacturer of highly-engineered and customized protective systems such as accordion bellows and way covers. End-markets include mobile equipment, automation, machine tool, transportation and medical equipment. No financial terms were disclosed for the deal, which was done in partnership with company management. A&A was advised on the sale by Robert W. Baird & Co., while GE Antares Capital led the leveraged financing syndicate.