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
3.0
Feb 24, 2014
Recommend
CEO approval
Business Outlook

Pros

Exposure to all facets of PE business. See a lot of deals. Decent CV-builder (although less so now than 5 years ago). If you're political, you can carve out a niche for yourself and guarantee a spot through the VP level (when they really begin to weed people out).

Cons

Toxic culture. No work-life balance (even by PE standards). Culture is very lord-of-the-flies and animal house. Think "Monkey Business," the DLJ tell-all book. Well-below-market compensation. Very little growth opportunities w/ consistent fund size and investment approach

5.0
Dec 6, 2015
Recommend
CEO approval
Business Outlook

Pros

The opportunity to skip banking and go right into PE at a well respected firm is huge. It's hard for people who have never experienced bulge bracket banking (which I'm assuming is many of those who left negative reviews) to understand how brutal those two years are. Audax works you hard but the work you are doing is value add and you are given an immense amount of responsibility. You work directly with the senior individuals at Audax and at your portfolio companies. Audax has a free matrix staffing model which means you end up working on a wide variety of teams your first couple years before you start to gravitate towards certain individuals. While this does mean that you have to adapt more at the beginning it is a positive opportunity to get exposure to different work styles, investment knowledge and leadership styles. Audax covers such a wide range of industry niches that you can seek out staffing on cases you really enjoy. Since you cover 4-5 companies you are bound to have one you don't like or is struggling, but that's a part of life and something you'll experience everywhere. It's one of the best places to get a serious breadth of industry knowledge. Deal reviews are open to everyone in the firm so good opportunity to soak up information. Also, they just closed on a ~$2.5b fund (only took three months so you can guess what prior returns have been) and are aggressively expanding so it's a great place to be.

Cons

Yes, the hours are tough but they aren't any worse than banking by any measure. If you are going to work all those hours wouldn't you rather be doing value added work than churning out pitch books? Also, if you learn how to utilize the infrastructure that Audax has put in place (in-house lawyers, marketing, capital markets, and tax people) you spend your time doing important stuff and don't waste hours on menial tasks.

Viewing 7 - 9 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.