Audax Private Debt Provides Financing to Support The Stephens Group’s Investment in Quality Valve

NEW YORK–(BUSINESS WIRE)–Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Quality Valve (the “Company”) by The Stephens Group, a Little Rock-based private investment firm.

Founded in 1994 and headquartered in Mobile, Alabama, Quality Valve is a leading, independent distributor of specialty valve replacement and repair parts and accessories. The Company distributes whole relief valves and parts, pump accessories, and control valves with end users spanning across a variety of end markets. Quality Valve keeps a vast inventory of original equipment manufacturer spare parts from a variety of valve manufacturers, enabling the availability of parts across the valve industry.

“The Quality Valve team has done an impressive job building the business and solidifying their market position to service all constituents of the valve industry,” said Adam Weiss, Managing Director at Audax Private Debt. “We’re excited to partner with The Stephens Group as they look to build upon the businesses momentum and help the Company reach its next level of growth and expansion.”

“We are thrilled to have Audax’ support for this investment. The team was collaborative and consistently responsive to our investment needs throughout the process,” said Grant Jones, Managing Director at The Stephens Group. “We look forward to their continued partnership as we execute on the Company’s growth initiatives.”

About Audax Private Debt

Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, Audax Private Debt has invested over $33 billion across more than 1,090 companies in support of over 275 private equity sponsors and has raised $25 billion in capital. The platform offers its clients a range of financing solutions, including first lien, stretch senior, unitranche, second lien and subordinated debt, as well as equity co-investments. With more than 50 investment professionals and over 180 employees, Audax Private Debt provides financing certainty, add-on investment capability, and the experience and collaborative approach to partner with private equity firms and their portfolio companies. For more information, please visit or follow us on LinkedIn.

Audax Private Debt is an integral part of Audax Group, a leading alternative investment manager with offices in Boston, New York, San Francisco, and London.


Adam Weiss

Audax Private Debt

(212) 703-2737

FGS Global

Julie Rudnick / Catherine Livingston