Audax Group reviews

2.8

33% would recommend to a friend

(60 total reviews)
avatar

Geoffrey S. Rehnert & Marc B. Wolpow

48% approve of CEO

39% positive business outlook

Audax Group has an employee rating of 2.8 out of 5 stars, based on 60 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Audax Group employee rating is 25% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

60 reviews
2.0
May 25, 2011
Recommend
CEO approval
Business Outlook

Pros

A lot of people to hang out with, a few senior people who are really good and nice, and if you like Boston, there aren't a ton of PE firms.

Cons

Thank less culture. Underpayment vs other PE firms. Many managing directors don't understand finance. Over monitor portfolio companies. Obscenely long work hours. Condescending and egotistical management.

2.0
Feb 3, 2022

Not a good place to grow your career long term

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Slightly above market pay, catered lunch, lots of responsibility

Cons

Unless you are anointed by the “old guard” early on, you will be treated with mild yet consistent disrespect throughout your tenure at Audax. There are virtually no opportunities for long-term development at this firm (save for the above), and employees are protective over their responsibilities and are cagey to a fault. Ultimately this isn’t the fault of the employees, as the Audax culture is so toxic at the highest levels that new employees must quickly adapt into the Audax way of doing things. As private equity firms go, Audax is nothing special in terms of compensation (cash comp, bonus, coinvest) or benefits (phone plan, catered lunch, expense policy). There is a noticeable divide between the various teams, which makes it difficult to work cross-functionally on even the most simple of tasks or projects. There is little to no diversity at Audax, whether by race, gender, or socioeconomic background. While Audax has made efforts to hire additional diversity candidates in recent years, these employees do not stay long. Nepotism runs strong at Audax, and there are frequent reminders of this when you come across low performing employees with familiar last names.

1.0
Aug 25, 2017
Recommend
CEO approval
Business Outlook

Pros

- Smart investors - Strong fund - Plenty of resources at the fund

Cons

- Workplace culture is among the very worst in the industry-- analysts and associates regularly work 100+ hours, including virtually every weekend - Pay is decidedly below market (both base and bonus)-- friends all over Boston at equal or even smaller funds making more money and working far fewer hours - The senior guys at Audax have heard this message loud and clear for years, and the company line has always been "this is just how PE is" but that is just patently wrong. There are so many PE firms out there who actually value their employees, pay them at or above market, and strive to create a genuinely positive culture. - The firm is incredibly top heavy (more than a dozen MDs) and career advancement at Audax is bleak

Viewing 4 - 6 of 60 Reviews

Glassdoor has 85 Audax Group reviews submitted anonymously by Audax Group employees. Read employee reviews and ratings on Glassdoor to decide if Audax Group is right for you.