Home Economy Economic Activity Nautic Partners sells New York-based property management firm

Nautic Partners sells New York-based property management firm

NAUTIC PARTNERS LLC, a Rhode Island-based middle-market private equity firm, has sold New York City-based property management and real estate firm Akam to Audax Private Equity.
NAUTIC PARTNERS LLC, a Rhode Island-based middle-market private equity firm, has sold New York City-based property management and real estate firm Akam to Audax Private Equity.

PROVIDENCE – Nautic Partners LLC, a Rhode Island-based middle-market private equity firm, has completed its sale of New York City-based property management and real estate firm Akam to Audax Private Equity.  Terms of the deal were not disclosed. Akam primarily provides services to condominiums and cooperatives, as well as single-family homeowner associations. Akam owns subsidiary firms

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