PE firm Audax buys into Oakbridge as Corsair exits
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PE firm Audax buys into Oakbridge as Corsair exits

Jairo Ibarra
September 26, 2023
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Atlanta-based brokerage Oakbridge Insurance Agency has secured an investment from middle market-focused private equity firm Audax as PE house Corsair Capital sold its stake in the company.

As part of the deal, Oakbridge leadership and employees retained a position in the broking firm.

Oakbridge began preparations to seek a new backer earlier this year as it retained Morgan Stanley and Piper Sandler to run the process, as...

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NewsPrivate equityM&ABrokersStocks
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Jairo Ibarra
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