![](https://scurapartners.com/wp-content/uploads/2017/10/jerome-industries-e1507832746736.jpg)
has been acquired by Astrodyne Corporation, a portfolio company of the
![](https://scurapartners.com/wp-content/uploads/2017/10/audax-300x174.jpg)
The undersigned acted as exclusive financial advisor to Jerome Industries
![](https://scurapaley.com/wp-content/uploads/2018/01/SP-Logo-300x43.png)
Sale to the Audux Group
- Jerome Industries Corp., is a New Jersey based manufacturing company, specializing in mission critical power supplies targeted towards the medical device industry.
- The Board of Jerome voted to approve the acquisition by Audax Group, a Boston based private equity firm and the transaction closed in the Spring of 2011.
- SP acted as Jerome’s exclusive financial adviser in negotiating every aspect of the sale and was able to conclude a successful transaction for the Company, management and the shareholders.