Power Developer
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The first thing that struck me about the people at Astrodyne is that they are extremely customer-focused. If the customer needs something, we’ll turn the company upside down to make it happen.
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In one of your comments earlier, you said that part of your plan has been acquisitions. Do you anticipate that acquisitions will continue to be part of the growth strategy at Astrodyne? There is no question about that. We are majority owned by the Audax Group, a private equity firm out of Boston that focuses on successful middle market companies and partners with their management team to drive growth. They’ve owned us since 2008 and have provided the capital to invest in both organic growth and acquisitions. As I’ve said, we’ve made two acquisitions since they’ve owned us and we continue to be extremely active in looking - for not just any acquisition, but one where there is some unique technology that we can bring to customers in our markets of interest.
Are there any products that have been really popular among your customers? There are really good examples of exciting new products in each of our product families. A new product in our RO family of AC-to-DC products is the PFC-375. This product is already available to key customers, and it is receiving great acceptance for its extremely high power density and very small footprint. Like our other RO products, it has tremendous thermal properties, so it can handle a wide variety of temperature