Audax PE?

Can we keep it on the forum pages for all to hear? Audax is recruiting at my school this year and I'd love to hear more if anyone knows much about them.

I went through their full recruiting process and my firm works with them a lot. Prepare to never go home and to crank all day. You will gain tremendous experience, possibly better than anywhere else; Audax leaves no stone unturned. In terms of candidates, they are looking for mostly consulting types, but do hire a couple bankers. Expect a lot of "case study" type questions and less technicals. Good group of guys, but obviously have a bit of arrogance to them.

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CompBanker

To add to Compbanker's post, Audax is very data intensive. Compbanker is right when he says that they leave no stone unturned. They do have a lot of consultants and will work you pretty hard.

Given that you would get great experience, would you take an offer from Audax over a BB or a really good Boutique (think Evercore/Greenhill)?

It depends on what you ultimately want to do. If you're solely looking to do banking to jump to PE down the line, why not just gun for the PE position right now? Audax is a very solid firm and you can't go wrong choosing them. In fact, you could argue that Audax would be a much better choice than an investment bank at this point in time.

agree with the above post. if your goal is to ultimately end up in pe or mm pe, then audax would be a good place to start.

Anyone hear back from Audax for second rounds?

is there a sourcing model for those straight from ug? or is it actually meaningful work

I have several friends at Audax. CompBanker and ledger123 are right on point. Audax is very process-driven (because of the speed at which they can try to close deals), yet also diligence-intensive and data-oriented as well. Your hours there could be as rough or worse than banking.

anyone else still waiting to hear from them for second round interviews?