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Though the $1 billion private equity fund that was just started by the Audax Group is brand new this year, it took a big step forward and acquired an entire company yesterday when it bought Lewis-Goetz & Company. The financial terms of the deal were not made public. Lewis-Goetz distributes, according to MSN Money, "fabricated rubber industrial products." The company's CEO, David Goetz, will stay on as CEO. Fresh off of raising a new $1 billion investment fund, private equity concern Audax Group said Thursday that is has acquired Lewis-Goetz & Co. Inc., a distributor of fabricated rubber industrial products. The deal's terms were not disclosed. (Continue reading this story on MSN Money)
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