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AI IntelligenceMay 4, 2026M&A
Article

Undisclosed (Audax PE) -> Nextech

Audax Private Equity has advanced bidders into the second round of the sale process for Nextech, a commercial HVAC company. The company is valued at approximately $1.5 billion based on 15x EBITDA.

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Audax Private Equity has advanced bidders into the second round of the sale process for Nextech, a commercial HVAC company. The company is valued at approximately $1.5 billion based on 15x EBITDA.