ACR Electronics Sold!

FORT LAUDERDALE, FLA. – ACR Electronics, Inc., a global leader in safety and survival technologies has been acquired by an investment fund managed by J.F. Lehman & Company, a leading middle-market private equity firm focused on defense, aerospace and maritime sectors. ACR Electronics most recently was a business unit of Cobham Commercial Systems. The acquisition by J.F. Lehman & Company follows a year-long effort by ACR/Cobham Commercial Systems to consolidate additional business units – tracking and locating military radios and Artex Emergency Locator Transmitter Products (ELTs) – into the ACR operation in Fort Lauderdale, Florida. The ACR product line includes ELTs, EPIRBs, PLBs, SART, strobe lights, life jacket lights, searchlights and safety accessories (www.jflpartners.com).