BOSTON--(BUSINESS WIRE)--Audax Private Equity (“Audax”), in partnership with management, has completed the sale of Magnitude Software, Inc. (“Magnitude” or the “Company”) to 3i Group plc (“3i”). Headquartered in Austin, TX, Magnitude is a leading provider of enterprise information management software that delivers insights on business performance in heterogeneous application and fragmented data environments. Magnitude’s product offerings of business application data access, management, and repo.