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.