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Through its portfolio company
Acquired
The Chinese operations of
LCR Electronics, Inc.
- Audax Group, a $5 billion investment firm based in Boston, retained RKCP to help it expand Astrodyne’s product offerings for the power supplies marketplace.
- RKCP identified LCR Electronics, a leading manufacturer of EMI filters and electronic control products for military, telecom and commercial applications.
- LCR was interested in divesting its power filter operations in China.
- Astrodyne subsequently acquired LCR’s Chinese operations, which resulted in meaningful revenue growth and further expansion into international markets.