J.F. Lehman & Co

J.F. Lehman & Company is a private equity firm specializing in acquiring lower middle market companies. It invests through buyout transactions, corporate divestitures, and acquisition of founder-owned companies. It does not invest in turnaround situations. The firm typically invests in the defense, aerospace, and maritime industries and the technologies that originate from them. It prefers to invest in the U.S. and U.K. defense markets. It prefers to invest between $25 million and $75 million in companies with enterprise values of between $30 million and $300 million. The firm seeks to make control investments in its portfolio companies. J.F. Lehman & Company was founded in 1992 and is headquartered in New York, New York with additional offices in Arlington, Virginia and London, United Kingdom.
NJ

Nicholas J. Andonian

Associate

SB

Steve Brooks

Partner

Stephen L. Brooks

Partner

WP

William P. Brown

Associate

TW

Tyler W. Creamer

Senior Associate

MW

Michael W. Cueter

VP

JG

James G. Dudzik

Associate

Michael Friedman

MD

JW

Jack W. Gale

Associate

DG

Donald Glickman

Founding Partner

WJ

William J. Hanenberg

MD

BA

Bridget A. Harding

Associate

AH

Alexander Harman

Partner

RB

R. Benjamin Hatcher

Principal

AE

Alfred E. Johansen

Senior Associate

JT

Jake T. Korek

Associate

JF

John F. Lehman

Chairman, Founding Partner

ZR

Zachary R. Mattler

VP

Louis Mintz

Partner

KP

Karina Perelmuter

VP, Marketing and Investor Relations

GA

George A. Sawyer

Founding Partner and Member of Operating Executive Board

AM

Alec M. Schmidt

VP

Glenn M. Shor

Partner

LS

Lisa Steffens

MD, Investor Relations and Fund Finance

David F. Thomas

MD

Kevin Vallès

Principal

LT

Luke T. Zabinski

Senior Associate

Past deals in Alaska

UTC Aerospace Systems

Acquisition in 2007
UTC Aerospace Systems specializes in the supply of technologically-advanced aerospace and defense products. It designs, manufactures, and services systems and components and provides integrated solutions for commercial, regional, business, and military aircraft, helicopters, and other platforms. It is also a major supplier to international space programs. Hamilton Sundstrand and Goodrich merged to form UTC in 2012. It offers a range of aircraft flying and content on various UAVs, satellites, and ground and naval vehicles. Its customers include original equipment manufacturers that build aircraft and helicopters, engine manufacturers, and airlines, as well as defense agencies, and contractors. It helps them develop and maintain safer, lighter, more reliable, and more efficient aircraft and other platforms. UTC Aerospace Systems is part of UTC Propulsion & Aerospace Systems that also includes jet engine manufacturer Pratt & Whitney. UTC Propulsion & Aerospace Systems and Sikorsky Aircraft comprise the aerospace portfolio of United Technologies (NYSE:UTX), a diversified company that provides a broad range of high-technology products and services to the global aerospace and building systems industries. UTC Aerospace Systems employs approximately 42,000 people worldwide with approximate annual sales of about $14 billion.

Global Marine Holdings, LLC

Acquisition in 2020
Global Marine Holdings, LLC, doing business as Global Marine Group, provides offshore engineering services for telecommunications, renewables, and oil and gas industries. It also offers power cable and asset management services, fiber optic cable solutions, and trenching and cable lay services. The company was incorporated in 2002 and is based in Chelmsford, United Kingdom. As of February 27, 2020, Global Marine Holdings, LLC operates as a subsidiary of Trafalgar AcquisitionCo, Ltd..

Sprint Energy Services

Acquisition in 2015
Sprint Energy Services, LP provides oilfield waste management solutions. It offers tanks and pumps, containment berms, volatile organic compounds eliminators, and trash trailers and roll-off boxes. The company also provides remediation and clean up, hygiene and cooling, H2S monitoring, equipment cleaning, and roustabout services. It serves oil and gas exploration companies, midstream pipelines, plant operators, and other field service companies in South Texas. The company was incorporated in 2015 and is based in Houston, Texas.

American Scaffold

Acquisition in 2016
American Scaffold Inc. offers scaffolding systems and environmental containment solutions for the maintenance, repair, and overhaul of U.S. government vessels. The company is based in San Diego, California.

Sperry Marine

Acquisition in 1993
Sperry was established as a supplier to the U.S. Navy and is a world leader in the design, development, manufacture, service and supply of advanced electronics navigation and guidance systems for maritime and aircraft uses.
International Marine and Industrial Applicators provides critical vessel preservation services to the U.S. Navy ("USN") and commercial maintenance, repair, and overhaul ("MRO") and new construction markets. IMIA is the market leader in the surface preservation of hulls, tanks and other critical coated areas on USN submarines, aircraft carriers, surface combatants and auxiliaries as well as commercial vessels.

National Response Corporation

Acquisition in 2012
NRC is a global leader in the provision of environmental, industrial and emergency solutions with a focus on providing highly responsive local service with the highest safety standards, innovative technology, modern efficient equipment and dedicated professional employees. NRC combines local services and knowledge with the global strengths of a major international company to deliver quality service within the US and worldwide.

Ravn Alaska

Private Equity Round in 2015
Ravn Alaska is a regional airline headquartered in Anchorage, Alaska, that offers scheduled service between Anchorage, Fairbanks, Bethel, Cordova, Homer, Valdez, Kenai, Kodiak and over 100 smaller Alaskan communities. It also offers service for passenger groups and odd-sized cargo up to 6,000 pounds, and is licensed for charters throughout Canada and the continental United States.

CodeMettle, LLC

Acquisition in 2020
CodeMettle, LLC designs and develops system automation and integration solutions. The company’s suites enable process automation, real time data stream, service flow mapping, network management, compliance automation, and services impact analysis services. Additionally, it offers service implementation, personal training, system integration, and maintenance and support services. CodeMettle, LLC was founded in 2009 and is based in Atlanta, Georgia.

ENTACT

Acquisition in 2020
ENTACT was established in 1991 in Dallas, Texas and founded on the belief that regulatory compliance, technical excellence, safe field performance, and sound business practices are all necessary to deliver outstanding projects. ENTACT is the largest national provider of environmental remediation services to the private industry and our twenty year growth has been achieved through quality performance and organic expansion. Our goal is to be the leading global provider of innovative, cost-effective, safe and sustainable environmental solutions.

Oao Technology Solutions

Post in 2001
Oao Technology Solutions provides a wide range of outsourced IT solutions and professional services, including the operation of large-scale data center complexes and networks ("Megacenter Operations"), distributed systems management staffing services and other IT services. The Company provides these solutions and services, generally on a long-term, fixed-price contractual basis, to its Strategic Clients which are global providers of IT outsourcing services.

API Technologies

Acquisition in 2016
API Technologies designs and manufactures systems, subsystems, modules, and components for RF and electronic systems. The microelectronics and security technologies can be used by businesses in the aerospace, defense, industrial, medical, energy, and communications industry. API Technologies was founded in 1993 and is based in Marlborough.

Atlantic Marine

Acquisition in 2006
Atlantic Marine is a privately held vessel maintenance, repair, overhaul and conversion (MROC), marine fabrication, and ship construction services provider

Defense Venture Group

Acquisition in 2009
Defense Venture Group (DVG) designs and manufactures innovative force protection systems and products primarily for government applications. The Company produces transparent spinel ceramic materials for transparent armor, defense optics, missile domes and lenses, abrasion resistant transparencies, aerospace, and commercial applications.

CTS Engines, LLC

Acquisition in 2020
CTS Engines, LLC provides maintenance, repair, overhaul, and testing services for owners and operators of early stage commercial jet engines worldwide. It offers services in the areas of removal, replacement, and reinstallation of compressors and turbine blades; blade and shroud grinding; HPC/HPT/ low pressure turbine (LPT) rotor balancing; top case repairs; moment weighing of hand, STC 1+2 HPC, STG 1+2 HPT, and all LPT blades; decoking of oil lines; and shroud grinding. The company also provides services in the areas of vibration/trim balance surveys; welding of LPT deflectors, LPT mid frame cracks, LPT hot section cracks, and LPT stud and nut retention welding; full module repairs; QEC swaps; fuel nozzle exchanges and AOG/on-site quick-turn field service support; on-wing maximum power assurance (MPA) certification; and borescope inspection and digital measurement. In addition, it offers services in the areas of borescope blade blending; airworthiness directive (AD) and service bulletin (SB) compliance; engine removal and installation; NDI/NDT services; engine management, including leasing and trading of spare engines; engine QEC reconfiguration, removal, and installation; AD/SB inspections; and components repairs. CTS Engines, LLC was founded in 2002 and is based in Fort Lauderdale, Florida.

Drew Marine

Acquisition in 2009
Drew Marine is a global leader providing technical solutions and services to the marine industry with a comprehensive line of advanced marine chemicals, and equipment. Supported by a worldwide network of service engineers, and global supply chain delivering to more than 900 ports, we have a portfolio of products and services

AMETEK

Acquisition in 1998
AMETEK, Inc. is a leading global manufacturer of electronic instruments and electromechanical devices with annualized sales of more than $4.5 billion. AMETEK has 17,000 colleagues at more than 150 operating locations, and a global network of sales, service and support locations in 30 countries around the world. AMETEK's Corporate Growth Plan is founded on four key strategies: Operational Excellence, Strategic Acquisitions, Global & Market Expansion, and New Products. Its objectives are double-digit annual percentage growth in earnings per share and a superior return on total capital. AMETEK is a world-class enterprise with market leading businesses and strong brands. Their businesses serve a diverse set of niche markets and applications, each with attractive growth characteristics. These businesses are focused on solving their customers’ most complex challenges with differentiated technology solutions. Each of their businesses drive growth through the execution of AMETEK’s proven Four Growth Strategies: Operational Excellence, Strategic Acquisitions, Global & Market Expansion, and New Product Development.

Lakeshore Systems

Acquisition in 2016
Lake Shore designs, engineers, manufactures and supports complex, heavy equipment systems to meet mission critical requirements in harsh operating environments, including large deck handling equipment, access and lifting systems for U.S. Government vessels and customized underground mining equipment for mine owners and operators around the world. The Company operates from facilities in Rhinelander, WI, Iron River, MI, Kingsford, MI, and Ontonagon, MI as well as other sales and service sites in the U.S. and Mexico.
Oldenburg Lake Shore refueling systems provide the U.S. Navy and its allies with unmatched capability to remain At-Sea and at the ready. Oldenburg Lake Shore dry cargo transfer systems add re-supply and rearmament capabilities for the U.S. Navy. We also offer a full line of marine deck machinery, mooring and anchoring systems, boat davits, cargo weapons elevators, and towed array handling systems.

Racal Instruments

Acquisition in 2001
Racal Instruments to better understand needs and applications, to access the technology needed to satisfy the most demanding requirements.

Integrated Global Services

Acquisition in 2020
Integrated Global Services (IGS) offer industry-specific on-site cladding solutions to many of the environments causing mission critical equipment to degrade and fail in refinery and petrochemical plants, offshore rigs & platforms, pulp and paper mills, and fossil, biomass and waste-to-energy power generation facilities.

Ravn Alaska

Acquisition in 2015
Ravn Alaska is a regional airline headquartered in Anchorage, Alaska, that offers scheduled service between Anchorage, Fairbanks, Bethel, Cordova, Homer, Valdez, Kenai, Kodiak and over 100 smaller Alaskan communities. It also offers service for passenger groups and odd-sized cargo up to 6,000 pounds, and is licensed for charters throughout Canada and the continental United States.

Inland Pipe Rehabilitation

Acquisition in 2018
Inland Pipe Rehabilitation is a privately-held trenchless solutions provider in the nation. IPR offers a wide range of installed rehabilitation solutions that restore communities with safe, smart and lasting infrastructure.

Special Devices, Inc.

Acquisition in 1998
Special Devices is an automotive company precision engineered energetic devices.

Burke Industries

Acquisition in 1997
Burke Industries is a manufacturer of industrial roofing and flooring materials for large and institutional construction projects.

Hawaii Superferry

Private Equity Round in 2005
Based in Honolulu, Hawaii Superferry will bring the first state-of-the-art, high-speed ferry service for both passengers and vehicles to the State of Hawaii. This ferry service will help change the state's inter-island life and commerce, and make inter-island traveling more affordable and convenient for families, tourists and people who work on neighboring islands.

Northstar Group Services, Inc.

Private Equity Round in 2017
NorthStar is a provider of environmental and technical solutions to the commercial and government end markets. The Company is the market leader in its core decommissioning and remediation service line and leverages its national operating footprint and breadth of capabilities to provide time-critical response and restoration solutions.

Waste Control Specialists, LLC

Acquisition in 2018
Waste Control Specialists, LLC is engaged in the treatment, storage, and disposal of Class A, B, and C low-level and mixed low-level radioactive waste, hazardous waste, and byproduct materials in the United States. It operates compact waste, federal waste, hazardous waste, byproduct disposal, and treatment and storage facilities. The company was founded in 1989 and is based in Dallas, Texas. As of January 26, 2018, Waste Control Specialists, LLC operates as a subsidiary of JFL-WCS Partners, LLC.

Accudyne

Acquisition in 1992
Accudyne formed as a military supplier and manufactures electronic and electromechanical devices and subsystems for military and commercial uses and marine munitions applications for all branches of the U.S.

Doss Aviation, Inc.

Acquisition in 2011
Doss’ service offering includes the screening and training of traditional fixed-wing aircraft and unmanned aerial system aircrews, organizational and intermediate level maintenance of fixed-and rotary-wing aircraft, and management of airfield and other base logistics. Doss also provides air traffic control, weather information management, flight operations and planning services at select customer sites around the world.

Millennium Industrial

Acquisition in 2008
Millennium is a provider of remote, offshore maintenance, repair and overhaul (“MRO”) services for offshore rigs, offshore support vessels, drill ships and cruise vessels. Millennium operates in the Gulf of Mexico and numerous international markets, including West Africa, Brazil and Singapore, and possesses strong, longstanding customer relationships in the offshore oil and gas market.

AGI Holdings

Acquisition in 2014
AGI is a leading global provider of proprietary situational awareness and LED lighting systems for naval vessels, military and commercial aircraft and military ground vehicles. AGI's core product lines include naval visual landing systems, wind and speed sensor systems for naval and aviation applications, expeditionary airfield lighting, aircraft and ground vehicle lights and night vision test equipment. AGI serves hundreds of customers in over 50 countries, with operating subsidiaries including Aeronautical & General Instruments in Poole, U.K. and Hoffman Engineering in Stamford, CT.

Lone Star Disposal LP

Acquisition in 2019
We are a fully integrated waste services group providing customers with the broadest range of solutions in the Houston Market. Not only do we provide our customers with roll off containers, waste compactors, hauling services, recycling and materials processing and disposal, we also offer a full product line of construction soils and landscape materials.

Racal Acoustics

Acquisition in 2004
Racal Acoustics Limited designs, manufactures, sells, and supports audio ancillary and field communication equipment for military environments. The company offers noise excluding headsets, lightweight headsets, handsets and microphones, and line communication and avionic products. The company's products are used in land and air defense, sea defense, and commercial applications.

Trident Maritime Systems, LLC

Acquisition in 2013
Trident is a leading independent provider of turnkey marine joiner, distributed, electro-mechanical, and power, propulsion and control systems and solutions for government and commercial customers both in the U.S. and internationally.Formed in 2013 through the merger of J.F. Lehman portfolio companies US Joiner and IMECO.

ACR Electronics

Acquisition in 2012
ACR / Artex (ACR Electronics, Inc.) is the leading development center for emergency beacons that are designed with one purpose in mind: Saving Lives. Through our combined technology expertise in the marine, aviation, outdoor and military markets, we design and manufacture cutting edge rescue beacons and survival gear for boaters, pilots, hunters, hikers and combat troops, not to mention many of the leading boat builders and aircraft manufacturers in the industry.
BEI Precision Systems & Space Company, Inc. (BEI PSSC) designs and manufactures highly accurate optical encoders, flight worthy accelerometers, infrared optical scanners and encoder-based motion control systems for military, space, aviation, and range instrumentation markets. At BEI PSSC, their 60+ years of expertise allows us to offer a stable of sensing solutions that they can configure for your exact needs. Their capabilities enable us to meet demanding requirements for high accuracy, resolution, environmental durability, and high reliability. As a military and aerospace supplier of hardware, their quality and reliability capabilities are second to none. Over 90% of all optical encoders currently flying in space are BEI PSSC encoders.