#USA #New York #Aerospace #J.F. Lehman #Forged Solutions Group

J.F. Lehman & Company Strengthens Aerospace Sector

On March 2, 2026, J.F. Lehman & Company (JFLCO), a prominent investment firm specializing in various sectors, has successfully acquired Forged Solutions Group, Inc. (FSG). This strategic move marks a significant milestone as JFLCO continues to focus on the aerospace, defense, and maritime markets. Through this acquisition, JFLCO aims to enhance its operational capabilities and expand its product offerings within the aerospace manufacturing supply chain.

Founded in 1836, FSG has established itself as a leading provider of high-specification forgings critical to the aerospace and defense industries. The company is particularly known for its contributions to flight-critical rotating aeroengine components. FSG operates with a vertically integrated manufacturing process that includes rolled rings, closed die, and various forging capabilities across an array of alloys, such as nickel, titanium, steel, and aluminum. This operational flexibility allows FSG to cater to both global Original Equipment Manufacturers (OEMs) and Tier 1 suppliers.

Headquartered in Sheffield, U.K., FSG boasts seven manufacturing facilities strategically positioned across the U.K. and the U.S., employing approximately 840 individuals. Its expansive operational footprint solidifies its fundamental role as a key supplier in the aerospace and defense sectors.

Alex Harman, Managing Partner at JFLCO, expressed enthusiasm about the acquisition, stating, "FSG is a uniquely diversified and scaled aerospace forgings platform operating in one of the most technically demanding and capacity-constrained segments of the supply chain. We believe the Company is advantageously positioned to address growing long-term demand in its core aerospace, defense, and space end markets."

The rationale behind this acquisition is further reinforced by Ben Hatcher, Managing Director at JFLCO, who noted, "FSG's expansive forging capabilities, diverse product portfolio, and meaningful available capacity form a compelling and critical solution to the broader aerospace and defense industry's production requirements. We are excited to build upon FSG's differentiated technical capabilities and scaled operational footprint to increase throughput in support of current and next-generation aeroengine and defense platforms."

The finance for this transaction was spearheaded by HPS Investment Partners' Direct Lending platform, with Audax Private Debt acting as the joint lead arranger. Furthermore, Evercore has served as the financial advisor to JFLCO, while Jones Day offered legal counsel. For FSG, Goldman Sachs and Perella Weinberg oversaw financial advisory roles, with Sheppard Mullin providing legal services.

Looking ahead, Olivier Jarrault, CEO of FSG, remarked on the positive potential this partnership holds. He stated, "JFLCO's sector and operational expertise and deep industry relationships make them an ideal partner for FSG's next chapter of growth. We look forward to further strengthening FSG's position as a trusted supplier of critical forgings for global aerospace and defense programs."

Through the acquisition of Forged Solutions Group, J.F. Lehman & Company not only reinforces its commitments to the aerospace sector but also positions itself strategically to address the increasing demands of a rapidly evolving market. As the industry continues to expand, the combined expertise and resources from this merger are expected to significantly enhance production capacities and technology advancements in aerospace manufacturing, ensuring that JFLCO remains a formidable entity in an arena characterized by both challenges and growth opportunities.