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Imperial Capital sells Integral Consulting to Audax Private Equity

On September 10, 2026, Imperial Capital Group Ltd. announced that it had completed the sale of Integral Consulting Inc. to Audax Private Equity's lower middle market Origins strategy. Terms of the transaction were not disclosed. In connection with the sale, Integral's management team and broader employee base retained a meaningful ownership stake in the business.

Imperial Capital, based in Toronto, is a lower mid-market private equity firm focused on North American opportunities to acquire and build growth-oriented platform investments across business services, consumer services and healthcare. It had partnered with Integral in 2022 to support the company's next phase of growth, during which Integral completed several strategic acquisitions while investing in its leadership team and operating infrastructure.

Integral Consulting, headquartered in the United States, is a science and engineering consulting firm providing technical solutions to complex environmental, health, economic and natural resource challenges. Its team of scientists, engineers and regulatory specialists supports clients on environmental and human health matters. Integral's management team, led by chief executive officer Ryan Brain, will continue to lead the company.

Audax Private Equity, founded in 1999 and based in Boston, manages three strategies, including its Origins control buyout strategy investing in the lower middle market across North America.

Company

Integral Consulting Inc.

Company

Audax Private Equity

Law Firm / Organization
Ropes & Gray LLP
Merger & Acquisition
Other
Undisclosed/Confidential
Closed
10 September 2026