Lincoln International Represents Astrodyne Corporation, a portfolio company of American Capital Strategies, Ltd. (NASDAQ: ACAS), in its Sale to Audax Group
CHICAGO, April 23, 2008 Lincoln International, a leading global mid-market investment bank, acted as the exclusive financial advisor to Astrodyne Corporation (Astrodyne or the Company), a portfolio company of America Capital Strategies, Ltd. (NASDAQ: ACAS) (American Capital), one of the largest publicly traded alternative asset managers, in the sale of the Company. Astrodyne is a leading manufacturer, designer and distributor of AC/DC power supplies and DC/DC converters. The Company was sold to Audax Group, a Boston-based private equity firm.
Based in Mansfield, Mass., Astrodyne is the largest catalog provider of power supplies. Through its tri-annual catalogs, interactive Web site, and global distribution network, the Company markets its products to a diverse customer base representing industrial, audio/visual, medical, instrumentation, military, and telecommunications end markets. Astrodyne also offers industry-best technical customer support and rapid order fulfillment.
Lincoln International worked closely with the senior management of Astrodyne throughout all phases of the transaction. Lincolns industry expertise and advice were extremely helpful throughout the sale process, said Peter Murphy, Chief Executive Office of Astrodyne. Lincolns global organization and middle-market focus, combined with its knowledge of the power electronics space, were very valuable. I am pleased with the outcome and look forward to working with Audax Group to continue Astrodynes growth strategy.
This represents the fifth electronics transaction for Lincoln International in 2008 and another successful transaction on behalf of American Capital.
About American Capital
American Capital is the only private equity fund and the largest alternative asset management company that is a member of the S&P 500. With $19 billion in capital resources under management, American Capital is the largest U.S. publicly traded alternative asset manager. American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. American Capital and its affiliates invest from $5 million to $800 million per company in North America and 5 million to 500 million per company in Europe.
Über Lincoln International
Lincoln International Group (Lincoln International) als global aufgestelltes und integriertes M&A-Beratungshaus für mittelgroße Transaktionen bietet Lincoln International mit hervorragend ausgebildeten Experten Corporate Finance-Beratungsdienstleistungen auf höchstem Qualitätsniveau an. In den Büros in Chicago, Frankfurt, Los Angeles, New York und Paris, der strategischen Partnerfirma China Everbright sowie weitere Partnerorganisationen in Asien sind für Lincoln International rund 100 M&A-Experten tätig, von denen rund jeweils die Hälfte in den USA und in Europa arbeiten. Weitere Informationen über Lincoln International unter www.lincolninternational.com.
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