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Lincoln International represents Audax Private Equity in the sale of Astrodyne TDI to Tinicum, L.P.CHICAGO, Dec. 4, 2017 /PRNewswire/ -- Lincoln International ("Lincoln"), a leading global mid-market investment bank, is pleased to announce that Audax Private Equity ("Audax") has completed the sale of Astrodyne TDI ("Astrodyne" or the "Company") to Tinicum, L.P. and affiliated investment partnerships managed by Tinicum Incorporated ("Tinicum"). Terms of the transaction were not disclosed. Founded in 1994, Astrodyne designs and manufactures innovative, highly engineered power supplies and electromagnetic interference ("EMI") filters for demanding applications worldwide, including semiconductor manufacturing and testing equipment, industrial control systems, oil and gas exploration equipment, life-saving heart assist devices, commercial and military aircraft, radar and missile defense systems, electric vehicles, and test and measurement devices. With over 50 years of power supply design experience, Astrodyne isheadquartered in Nashua, New Hampshire with over 600 employees and operations in the U.S. and China. Lincoln International acted as the exclusive investment banking representative for Audax and Astrodyne, working closely with the Company's management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction. For more information on Lincoln's Global Industrials Group, please visit http://www.lincolninternational.com/industries/industrials/. About Lincoln International More information about Lincoln International can be obtained at www.lincolninternational.com Media Contact: Heidi Becker
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