J.F. Lehman & Company Completes Sale of ENTACT
On August 4, 2026, J.F. Lehman & Company, known as JFLCO, announced the completion of the sale of ENTACT, LLC to investment affiliates of Ridgemont Equity Partners. This strategic move highlights JFLCO's commitment to focusing on key industries such as aerospace, defense, government, maritime, and environmental sectors. Although the financial specifics of the transaction were not disclosed, the sale marks a promising new chapter for ENTACT.
ENTACT's Role in Environmental Remediation
ENTACT has established itself as a prominent national provider specializing in environmental remediation and geotechnical construction services. The firm caters to both public and private sector clients, focusing on complex projects that involve managing soil, sediment, and water. Thanks to its skilled workforce and extensive self-performance capabilities, ENTACT has been able to execute projects safely and efficiently, thereby ensuring compliance and sustainability in the environment.
Since JFLCO’s acquisition of ENTACT in 2020, there has been a significant emphasis on organic growth and capability expansion, positioning the company favorably in the market. Under JFLCO's guidance, ENTACT broadened its portfolio, including the integration of USA Environment and White Lake Dock & Dredge, diversifying its service offerings to include specialized capabilities in radiological remediation, environmental dredging, and marine construction.
Positive Outcomes from JFLCO's Investment
Glenn Shor, the Chairman of ENTACT and Managing Partner at JFLCO, expressed satisfaction with the results derived from the investment in ENTACT. He stated, "During our ownership, the Company expanded its capabilities, broadened its service offering and strengthened its market position." This outcome exemplifies JFLCO's strategy to partner closely with businesses to foster growth and establish a competitive edge.
Furthermore, Will Hanenberg, an ENTACT Director and Partner at JFLCO, reinforced this sentiment, emphasizing ENTACT's integral role in environmental restoration efforts. "ENTACT is a best-in-class operator serving a critical environmental mission—returning impacted sites to safe, productive use," said Hanenberg. His insights emphasize the ongoing commitment ENTACT will have under Ridgemont's stewardship to continue providing valuable environmental services.
As a strategic move for both ENTACT and Ridgemont, this acquisition is intended to ensure continuity and trajectory regarding the specialized environmental services provided. With the complexity of projects increasing, the need for adept operators in the environmental sector is greater than ever.
Advisory Information
The transaction involved notable financial and legal advisory firms. Brown Gibbons Lang & Company (BGL) and AEC Advisors served as financial advisors to ENTACT, while AO Shearman provided legal assistance to the Company. Additionally, Blank Rome offered legal counsel for ENTACT management, and Harris Williams was the financial advisor to Ridgemont, with Kirkland & Ellis LLP managing legal affairs on their behalf.
About J.F. Lehman & Company
Founded in 1992, J.F. Lehman & Company specializes thoroughly in investment opportunities within the aerospace, defense, government, maritime, environmental, and infrastructure sectors. With over $9 billion in assets under management (AUM) across various private equity and credit strategies, JFLCO has established itself as a covert leader in alternative asset management, with offices located in New York and Washington, D.C. More information can be found at
jflpartners.com.
In a world where environmental challenges are significant, ENTACT is positioned to continue making a difference under Ridgemont's guidance, thus maintaining its critical role in restoring and enhancing environmental safety and sustainability.