Judson Technologies, LLC
Investment Date
March 2000
Situation Type
Corporate Divestiture
Keystone partnered with the management of Judson to acquire this non-core company from PerkinElmer, Inc. (NYSE:PKI), to whom the business was a non-core operation.
Headquarters
Montgomeryville, PA
Products/Services
High-precision sensors and detectors for space, military, medical and industrial applications
Customer Base
Fortune 500 companies serving broad end markets with technical goods
Interesting Fact
Leading supplier of the detection systems in space weather satellites
Exit
Judson was acquired by Teledyne Technologies (NYSE: TDY) in 2008
“KEYSTONE HAS A UNIQUE APPROACH TO THE INVESTMENT BUSINESS OF USING ITS OWN CAPITAL, TAKING A LONG TERM VIEW OF BUILDING THE BUSINESS AND SUPPORTING THE OPERATIONS, EVEN WHEN THE RETURN ON ITS INVESTMENT COULD BE ADVERSELY IMPACTED.”
- LARRY RICHMAN, CEO, THE PRIVATE BANK
