#USA #New York #J.F. Lehman #Ridgemont Equity #ENTACT

J.F. Lehman & Company Completes the Sale of ENTACT

On August 4, 2026, J.F. Lehman & Company (JFLCO), a prominent alternative asset management firm, confirmed the successful sale of ENTACT, LLC. This transaction, involving the specialized environmental services company, was executed to investment affiliates of Ridgemont Equity Partners. While the financial terms of this deal were not disclosed, it marks an important shift in ENTACT's strategic direction.

Overview of J.F. Lehman & Company and ENTACT

Founded in 1992, JFLCO has carved out a niche by concentrating on sectors such as aerospace, defense, government, maritime, environmental, and infrastructure. The firm boasts an impressive portfolio with over $9 billion in assets under management across various private equity and credit strategies. ENTACT, established as a leading supplier of environmental remediation and geotechnical construction services, has been a critical player in this industry, facilitating complex projects for both public and private entities.

Since JFLCO's acquisition of ENTACT in 2020, the firm played a supportive role in the company’s organic growth and capability expansion. Notably, ENTACT enhanced its offerings by acquiring USA Environment and White Lake Dock Dredge, which diversified its competencies in radiological remediation, environmental dredging, sediment capping, and marine construction. This strategic growth enabled ENTACT to secure a more substantial foothold in essential markets.

Leadership Reflections

Glenn Shor, Chairman of ENTACT and Managing Partner at JFLCO, expressed satisfaction with the outcome of their collaboration, stating, "We are pleased with the outcome of our investment in ENTACT. During our ownership, the Company expanded its capabilities, broadened its service offering, and strengthened its market position." This statement reflects the commitment to not just maintaining, but enhancing the operational capabilities of environmental stewardship during their stewardship.

The transition to Ridgemont Equity Partners signifies a new chapter in ENTACT’s journey. Will Hanenberg, an ENTACT director and partner at JFLCO, emphasized the company’s role in critical environmental missions, noting its commitment to restoring impacted sites for safe and productive uses. His comments underscore the vital balance of business interests and community responsibility in today’s market.

Future Prospects

The acquisition by Ridgemont is expected to provide additional growth opportunities for ENTACT. The firm is well-positioned to leverage its established reputation and robust workforce as it continues to cater to its clientele in the environmental sector. Industry analysts anticipate that ENTACT will maintain its momentum, delivering valuable services while also enhancing its market position across the United States.

Advisors on the transaction included Brown Gibbons Lang & Company and AEC Advisors acting as financial consultants for ENTACT, while AO Shearman provided legal counsel. On the side of Ridgemont, Harris Williams served as their financial advisor, with Kirkland & Ellis LLP offering legal guidance.

In conclusion, the sale of ENTACT represents not only a significant business transaction but also a strategic move toward a more expansive future for all parties involved. As the environmental landscape continues to evolve, so too does the need for proactive and capable firms like ENTACT that are ready to tackle the challenges of today and tomorrow.