J.F. Lehman & Company

J.F. Lehman & Company is a private equity firm established in 1992 and headquartered in New York, New York, with additional offices in Arlington, Virginia, and London, United Kingdom. The firm specializes in acquiring lower middle market companies through buyouts, corporate divestitures, and the acquisition of founder-owned businesses, focusing primarily on the aerospace, defense, maritime, government, and environmental sectors. J.F. Lehman & Company typically invests between $25 million and $75 million in companies with enterprise values ranging from $30 million to $300 million, favoring control investments. The firm concentrates its efforts on the U.S. and U.K. defense markets and does not engage in turnaround situations.

David Ashcraft

Managing Director, Portfolio Operations

Troy Barratt

Associate

Stephen Brooks

Partner

Friedman, Michael S.

Principal and Managing Director

Greenspan, Michael J.

Principal, Portfolio Operations

Harman, C. Alexander

Partner

Lionel Jolivot

Partner, Credit and Investment

Kim, Nicole

Vice President

Lehman Jr., Ph.D., John Francis

Founder

Louis Mintz

Partner

Glenn Shor

Partner

David F. Thomas

Principal

Kevin Vallès

Vice President

Michael Webb

Associate

36 past transactions

Trillium Engineering

Private Equity Round in 2021
Trillium Engineering is an industrial tech company that designs and produces engineered camera gimbals for use with unmanned aerial systems. The business provides stability and imagery systems to domestic and foreign defense and government UAS OEMs, integrators, and end-users. These services are provided for small UAS tactical operations as well as real-time mapping and geolocation applications.

CTS Engines

Acquisition in 2020
CTS Engines offers its Maintenance, Repair, and Overhaul (“MRO”) customers outstanding service and value for full overhauls of the GE CF6-80C2, CF6-80A, CF6-50 and PW2000 series engines. We are committed to lowering our airline partners’ per cycle engine maintenance costs, while at the same time maximizing length of time on-wing. Our customer resources include engine, module, and piece part exchanges, and we take pride in our outstanding reputation with our MRO customers. We are also a recognized leader in the provision of engine field services. Our field service support includes both FAA and EASA 145 repair station certifications for a wide variety of turbine engines, including the General Electric CF6-50, CF6-80, GE90, and CF34 series engines; the CFMI CFM56 series engine; the P&W JT8D, JT9D, PW2000, and PW4000 series engines; the RR RB211, Tay, and BR710 series engines; and Honeywell APUs. CTS Engines' field service capabilities include QEC conversions/changes, fan changes, blade changes, hot section inspections, engine changes, blade blending, borescope inspections, engine disassembly, module swaps, MPA on-wing engine certification, engine lease return inspections/evaluations, NDI/NDT, welding, and many other maintenance services. Your complete engine management resource. CTS Engines also has the management skills and capabilities to oversee all of your engine requirements, including turbine engine monitoring, overhauls, and parts repair management. CTS Engines is also actively engaged in the purchase, sale, and leasing of turbine engines on a daily basis and can leverage those relationships on behalf of our clients' needs. Our commitment to you. CTS Engines has built its business on trust, integrity, honor, and quality services - performed to the highest standards. Our commitment to excellence is evident in our exceptional amount of repeat business, long-term customer relationships, and outstanding reputation for customer satisfaction. Our turbine engine maintenance facility and executive offices are located next to Ft. Lauderdale-Hollywood International Airport for world-wide turbine engine maintenance, inspections, and storage of engines and parts. The company is 30 minutes from Miami-Dade International Airport.

ENTACT

Acquisition in 2020
ENTACT is a provider of environmental remediation services to the private industry through quality performance and organic expansion.

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.

Global Marine Group

Acquisition in 2020
Global Marine Group delivers the company’s cable installation, repair, and trenching services to the offshore renewables, utilities, and oil & gas markets; Cwind delivers topside, splash zone, and subsea engineering services to the offshore renewables and utilities markets; and Global Marine provides fibre optic cable solutions to the telecommunications and oil & gas markets.

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.

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.
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.

Waste Control Specialist LLC

Acquisition in 2018
Waste Control Specialists 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.

NorthStar

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.
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.

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.

Visa Lighting

Acquisition in 2016
Visa Lighting is a manufacturer specializing in defense and mining equipment. The company provides a wide range of products designed to enhance operational capabilities for military and maritime applications. Its offerings include refueling systems and dry cargo transfer systems that support the U.S. Navy and its allies. Additionally, Visa Lighting manufactures marine deck machinery, mooring and anchoring systems, and boat davits. The product line extends to cargo weapons elevators, towed array handling systems, and various types of cranes, including salvage, mobile, pedestal, and track cranes. The company also produces specialized equipment for nuclear cask transport and offloading systems for aircraft carriers and amphibious assault ships.

American Scaffold

Acquisition in 2016
A San Diego-based provider of scaffolding systems and environmental containment solutions

scs

Acquisition in 2016
svs

Sprint Energy Services

Acquisition in 2015
Sprint Energy Services offers a diverse portfolio of complementary services and functions that enable our customers to rely on us for their fluid management, environmental compliance, personnel safety and wellsite management needs. We are a well-established and proven resource helping our customers address their wellsite and plant needs with just one call. Sprint Energy Services provides its services accurately, quickly and safely. Our customers focus confidently on their business knowing they have the professionals from Sprint on board.

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.

Trident Maritime Systems

Acquisition in 2013
Trident is a leading independent provider of turnkey marine joiner, distributed, electro-mechanical, and power systems and solutions for government and commercial customers. Their focus is to bring value through the best engineered solutions in marine interiors, distributed ship systems, electromechanical solutions, and automation and control.

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.

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.

Doss Aviation

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.

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

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.

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.

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

Hawaii Superferry

Private Equity Round in 2005
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.

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.

Racal Instruments

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

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.

Special Devices

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

AMETEK

Acquisition in 1998
AMETEK is a manufacturer of electronic instruments and electromechanical devices.

Burke Industries

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

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.

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.
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