Jerome Industries

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has been acquired by Astrodyne Corporation, a portfolio company of the

The undersigned acted as exclusive financial advisor to Jerome Industries

 

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.
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