Audax Group reviews

2.8

33% would recommend to a friend

(60 total reviews)
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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
5.0
Oct 19, 2011
Recommend
CEO approval
Business Outlook

Pros

Summer internship program is really well designed to give you a taste of what it is like to work on the deal team with one week of training at beginning of the program. There is no make work, first week on job I traveled to a management meeting with an MD and VP, I got to work on two live deals and two portfolio companies during the ten weeks. Really liked the people and thought there was a good mix of social events to get to know the senior team.

Cons

You definitely work hard and can travel extensievly depending on your deals / portfolio companies. It is a matrix starffing model, so every team you work on differs- which is a con and a pro. Post-undergrad comp scales up significantly in third year after school, so if you're thinking about leaving in first or second year, it's not as lucrative.

4.0
Oct 18, 2011
Recommend
CEO approval
Business Outlook

Pros

- One of the only PE firms to hire directly from undergrad. 1st year is hard work, but better lifestyle than I-Banks and more meaningful / interesting work. Opportunity to be promoted directly to post-MBA positions - Greater responsibility at junior levels than at the large cap PE firms. No hard line between pre-MBA and post-MBA (partner track) employees - Emphasis on people development through both formal and informal mentorship. Formal reviews are every 6 months, but people are willing to give feedback between reviews - Generally good group of people who are friends both inside and outside the office - Free market staffing model allows some flexibility on picking who to work with and what type of deals to work on - Exit opportunities to top B-Schools or top PE firms

Cons

- Very granular portfolio reporting (do weekly tracking and reporting of weekly sales metrics) - Chase every deal mentality - Limited opportunity for promotion at senior levels

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.

Viewing 58 - 60 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.