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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
J.F. Lehman & Company Acquires IMECO, Inc.

NEW YORK, Jan. 4, 2013 /PRNewswire/ -- J.F. Lehman & Company ("J.F. Lehman"), a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, announced today that certain of its investment affiliates have acquired IMECO, Inc. ("IMECO" or the "Company") of Iron Mountain, MI, in partnership with Company management.

(Logo:  http://photos.prnewswire.com/prnh/20091221/NY29520LOGO )

IMECO is a leading independent domestic provider of turnkey marine electro-mechanical solutions for U.S Government and commercial customers.  The Company's integrated maritime solutions include the design, engineering, planning, procurement and installation of HVAC, cargo handling, electric steering, propulsion and fire suppression systems for government and commercial vessels. 

Roy Arnold, President of IMECO, stated, "J.F. Lehman & Company is an excellent partner for IMECO given the firm's unique expertise and relationships as well as capital to accelerate our growth. We look forward to continuing IMECO's proud history of providing innovative solutions to the maritime market."

"We are excited to be partnering with IMECO's management team," said Alex Harman, Partner at J.F. Lehman.  "IMECO has built a highly respected brand name and outstanding reputation with U.S. shipyards by providing innovative, high quality engineered systems on a turnkey basis.  The Company fits well with our firm's investment mandate and our existing portfolio of maritime services investments.  We look forward to building on IMECO's tradition of success and expanding their position as a leading independent supplier of electro-mechanical solutions to the U.S. marine industry."

Gibson Dunn provided legal counsel to J.F. Lehman & Company. Ballard Spahr acted as legal counsel to IMECO, Inc.

About J.F. Lehman & Company

J.F. Lehman & Company is a leading middle-market private equity firm focused exclusively on the defense, aerospace, and maritime sectors.  The firm has offices in New York and Washington.

For more information about J.F. Lehman & Company, please visit www.jflpartners.com.

SOURCE J.F. Lehman & Company

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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