PE Firms Swap A-D Technologies

Audax Group has sold A-D Technologies to CHS Capital, which invested through its Private Equity V fund. A-D Technologies is a manufacturer and distributor of extruded high density polyethylene duct, pipe and conduit products for the telecom, power utility and infrastructure markets. Moelis & Company and Lincoln International advised A-D Technologies on the transaction. In April 2007, Audax acquired Dura-Line and Arnco, and then merged the two companies to form A-D Technologies.