Roper Industries Buys Northern Digital

Harris Williams & Co. announced Wednesday the sale of Northern Digital Inc., a portfolio company of Audax Group, to strategic buyer Roper Industries. Terms of the deal, which closed June 3, were not released. Harris Williams & Co. acted as an advisor to Waterloo, Ontario-based Northern Digital. Audax focuses on small cap and lower-middle market investments. Audax manages more than $4.5 billion of equity, mezzanine debt, and senior loan capital.

8 June 2011•3 mins read
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