J.F. Lehman & Company Concludes Sale of Integrated Global Services

J.F. Lehman & Company Concludes Strategic Sale of IGS

On March 6, 2025, J.F. Lehman & Company, known as JFLCO, announced the successful sale of Integrated Global Services, Inc. (IGS) to investment affiliates of American Securities. This transaction highlights JFLCO's commitment to its core sectors including aerospace, defense, maritime, government, environmental, and infrastructure. While the financial details of the deal were not disclosed, it represents a pivotal moment in JFLCO’s investment strategy and IGS's growth trajectory.

The Journey of Integrated Global Services

Founded in 2020, IGS has emerged as a key player in providing proprietary technologies aimed at enhancing asset integrity and environmental efficiency. The company has made significant strides in addressing critical industrial challenges such as corrosion and erosion, ultimately boosting operational efficiency and reducing emissions across various sectors.

During its ownership, JFLCO played a crucial role in IGS’s evolution, aligning closely with management to facilitate the adoption of its innovative solutions, explore new market opportunities, and broaden its technological arsenal. Furthermore, JFLCO supported the strategic integration of four additional acquisitions which enhanced IGS's capabilities, solidifying its position in the market.

Alex Harman, Chairman of IGS and JFLCO Partner, expressed pride in the collaboration between the companies. Harman stated, "Our partnership with Rich Crawford and the IGS team has driven significant organic growth, unlocking new opportunities and enhancing market capture for our technologies. We wish them all the best in their continued journey with their new partners."

Leadership Perspectives on the Transition

Rich Crawford, the President and CEO of IGS, acknowledged the valuable contributions made by JFLCO during their partnership. He praised JFLCO for aligning with their vision during an exciting phase of development for IGS. Crawford noted, "We are incredibly grateful for JFLCO’s support which has enabled us to enhance our solutions and extend our reach to customers across over 60 countries. We are excited about our future growth with American Securities."

Kevin Vallès, an IGS Director and JFLCO Principal, also reflected on the achievements made during their partnership, emphasizing that this landmark sale is a result of the IGS team's relentless dedication to innovation and excellence. "It has been a pleasure working with the IGS team, and we are confident they will continue to provide exceptional value to their partners and customers, moving forward," Vallès remarked.

A Bright Future Ahead

As IGS transitions to its new ownership under American Securities, the company is poised to leverage its innovative solutions and market presence to achieve even greater milestones. The involvement of financial advisory firms such as Houlihan Lokey as lead advisor, with Stifel and Jones Day as co-advisors and legal representatives, respectively, underlines the seriousness and strategic intent behind this transaction.

J.F. Lehman & Company has built a reputation since its inception in 1992 for its focused approach to investing in sectors critical to national interests and global challenges. With offices in New York and Washington, D.C., JFLCO intends to continue identifying and nurturing potential growth opportunities that can drive both economic value and positive environmental impacts across multiple industries.

As this chapter closes for JFLCO and IGS, new endeavors lie ahead. The commitment to innovation and operational excellence ensures that both entities will continue to be influential players in their respective sectors, shaping a robust future for technology and sustainability.