Ex-Thompson Street, Audax execs launch buy-and-build shop

Former managing directors at Thompson Street Capital Partners and Audax Private Equity have launched Agellus Capital to pursue consolidations in the lower middle market.

Managing Partners Jeff Aiello and Beau Thomas announced the co-founding of the St. Louis, Missouri-based firm yesterday on Linkedin. In their respective Linkedin posts both Aiello and Thomas referred to each other as good friends and noted they were former colleagues at Audax Private Equity. We were unable to reach them by press-time for comment on any fundraising or hiring plans.

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