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Audax Private Equity acquired a majority stake in S.J. Electro Systems, a manufacturer of control solutions for the water and wastewater industry. Terms were not disclosed.
“Audax Private Equity and S.J. Electro Systems today announced the formation of a strategic partnership under which Audax acquired a majority stake in SJE.”news.balentic.com
Summarized from public sources; check the original articles before acting on it.