Deutsche Bank provided debt financing for J.F. Lehman & Company’s acquisition of ENTACT.
J.F. Lehman & Company is a middle market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors.
Founded in 1991, ENTACT is a national provider of environmental remediation and geotechnical services.
Jones Day served as legal counsel for J.F. Lehman & Company. Houlihan Lokey served as lead financial advisor and RW Baird served as co-financial advisor to ENTACT and its shareholders in connection with the transaction. Kirkland & Ellis and K&L Gates served as legal counsel to ENTACT and its shareholders.
J.F. Lehman & Company is partnering with ENTACT’s management team, who will remain meaningful shareholders of the business and continue to lead the company in the next phase of its growth.
“We are excited for ENTACT to join our portfolio of leading environmental and technical services companies,” Glenn Shor, a partner with J.F. Lehman & Company, said. “We believe that the ENTACT team is poised to drive continued success, and the company is an excellent fit with our investment strategy given its industry-leading performance, comprehensive suite of solutions and highly-talented workforce.”
“We believe ENTACT has significant opportunities for growth as its service offerings should be well-suited to address the increasing need for both environmental stewardship and infrastructure investment,” Will Hanenberg, principal with J.F. Lehman & Company, said.
“J.F. Lehman & Company is an excellent, value-add partner to support the next phase of ENTACT’s growth. We look forward to leveraging JFLCO’s industry experience and capital base while continuing on our successful history of providing exceptional service to our customers,” Dean Pisani, CEO of ENTACT, said.
