Twitter LinkedIn
    Tuesday, February 7
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Mergers & Acquisitions»Audax Private Equity Acquires S.J. Electro Systems
    Mergers & Acquisitions

    Audax Private Equity Acquires S.J. Electro Systems

    June 29, 20212 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Audax Private Equity (“Audax”) and S.J. Electro Systems, Inc. (“SJE” or the “Company”), a leading manufacturer of control solutions for the water and wastewater industry, today announced the formation of a strategic partnership under which Audax acquired a majority stake in SJE. Terms of the transaction were not disclosed.

    SJE’s control solutions platform includes three trusted brands: CSI Controls, PRIMEX, and SJE Rhombus. The Company’s integrated engineering and manufacturing capabilities provide innovative solutions that allow municipalities, industrial customers, and homeowners to meet their liquid level control needs. With a global network of seven locations and a worldwide customer base, SJE has consistently executed in the highly fragmented water controls market and has grown both organically and through six acquisitions since 2005.

    Dave Thomas, President and Chief Executive Officer of SJE, said, “As demand for our products continues to grow, we believe that now is the right time to bring on a partner that can provide strategic capital as well as operational and financial expertise. Partnering with Audax, a firm with a well-respected and successful track record of helping middle-market companies drive value, represents a significant opportunity for the future of our company and its stakeholders, most notably our customers and employees. It is an honor to welcome Audax to the SJE family.”

    Read more/Source: Business Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Capital Mergers and acquisitions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Blue Horizon Ventures holds final close of flagship fund

    January 20, 2021

    Blackstone Announces $5.6 Billion Final Close of Second GP Stakes Fund

    November 22, 2021

    Brookfield Closes $4 Billion Commercial Real Estate Debt Fund

    December 20, 2021

    Bain Capital Contributes $100,000 to UP Education Network’s Campaign to Solve Digital Inequity

    January 18, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?