#USA #New York #J.F. Lehman #Integrated Global Services #American Securities

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

In a significant move within the private equity landscape, J.F. Lehman & Company (JFLCO), a prominent firm concentrating on middle-market investments in the aerospace, defense, maritime, and related sectors, has finalized the sale of Integrated Global Services, Inc. (IGS). This transaction marks another pivotal milestone for the firm, which specializes in scaling companies that develop advanced technological solutions for critical infrastructure.

Brief Overview of the Transaction

On March 6, 2025, JFLCO announced that its investment affiliates successfully sold IGS to American Securities affiliates, although the specific terms of this deal remain undisclosed. IGS has garnered a reputation as a leading global provider of cutting-edge asset integrity and environmental efficiency technologies, offering solutions crucial for the safe and efficient operation of facility infrastructures worldwide.

Impact and Legacy of IGS under JFLCO

Since its acquisition in 2020, JFLCO has significantly influenced IGS's operational trajectory by enhancing its market presence and technological reach. Collaborating closely with IGS's management team, JFLCO spurred the adoption of innovative solutions and facilitated the expansion into new markets while also integrating strategic acquisitions that bolstered the company’s service offerings.

Alex Harman, Chairman of IGS and Partner at JFLCO, expressed pride in the accomplishments made through their partnership with IGS, noting "the significant organic growth achieved" during this period. Harman highlighted the strategic initiatives executed that led to new growth opportunities, transforming IGS into a robust player in the environmental technology sector.

Voice of the Stakeholders

Rich Crawford, President and CEO of IGS, remarked on the successful collaboration with JFLCO, stating, "JFLCO was a valuable partner to IGS during an exciting and dynamic period." His appreciation for JFLCO’s vision and support reflects the collaborative nature of their relationship, which allowed IGS to enhance its offerings and serve clients in over 60 countries.

Kevin Vallès, an IGS Director and Principal at JFLCO, echoed these sentiments, emphasizing that the accomplishments of IGS during JFLCO’s sponsorship are attributed to the team's relentless commitment to innovation and excellence. The milestone represented a positive outcome for all stakeholders involved, demonstrating the potential for growth and success in the private equity carousel.

Looking Ahead

As IGS transitions to working with American Securities, both organizations appear geared towards sustaining and amplifying the growth trajectory of IGS. The strategic focus on enhancing environmental technologies and asset integrity positions IGS to continue delivering substantial value to its clients across various global markets.

Advisory Roles

In this transaction, Houlihan Lokey acted as the lead financial advisor to IGS, with Stifel serving as a co-advisor and Jones Day providing legal counsel. Meanwhile, Harris Williams was the financial advisor for American Securities, with Kirkland & Ellis advising on legal matters.

About J.F. Lehman & Company

Founded in 1992, J.F. Lehman & Company has established itself as a key player in the aerospace, defense, maritime, government, and environmental sectors. With offices situated in New York and Washington, D.C., the firm demonstrates a steadfast commitment to investing in high-potential sectors that shape the future of industry.

In summary, the sale of IGS highlights JFLCO’s strategic vision and its ability to nurture companies towards achieving their full potential while continuing to focus on essential industries that support national security and environmental sustainability.