J.F. Lehman & Company Acquires CTS Engines from Platte River Equity

STS Aviation Services Acquires GT Engine Services

May 28, 2024

Aerospace & Defense

STS Aviation Services, a division of STS Aviation Group, has acquired UK-based engine MRO specialist GT Engine Services. The May 28, 2024 deal adds engine maintenance, repair and management capabilities to STS's existing airframe and materials services; founder and previous owner Greg Macleod will remain in a leadership role reporting to STS Europe management.

FleetPride Acquires Commercial Truck Services (CTS) of Little Rock and Conway, Arkansas

November 12, 2019

Transportation

FleetPride, Inc. has acquired the assets of Commercial Truck Services (CTS), which operates locations in Little Rock and Conway, Arkansas. The founding owners — Joel and Lana Foster and Darryl and Jaci Birdsong — will remain onboard to support integration while FleetPride expands parts and service capabilities in the Little Rock market.

Palatine-backed CTS Group Acquires Concept Engineering Consultants

August 15, 2022

Engineering Services

CTS Group, the Palatine-backed construction testing and geotechnical services platform, has acquired Concept Engineering Consultants Limited. The acquisition — CTS's eighth since Palatine's investment in 2018 — expands CTS's geotechnical consulting, coring, drilling and site investigation capabilities and brings Concept's ~105 employees and Leicester headquarters into the group.

Platte River Equity Acquires Chemtech-Ford Laboratories

August 7, 2025

Environmental Services

Platte River Equity, a Denver-based private equity firm, has acquired Chemtech-Ford Laboratories (Chemtech), an environmental and analytical testing provider based in Sandy, Utah. Platte River said it will use Chemtech as a foundation to build a platform in environmental testing—investing in capabilities and expanding the company's footprint to serve municipal, industrial, and government clients.

J.F. Lehman & Company Acquires Atomic Transport

February 20, 2025

Environmental Services

J.F. Lehman & Company (through an investment affiliate) has acquired Atomic Transport, a Chattanooga-based specialized waste transport and transfer station management company. Comvest Partners (Comvest Credit Opportunities) sold its stake in Atomic; Atomic founders and management rolled equity and will continue to lead the business as JFLCO supports growth initiatives across the company's 30 terminals in 19 states.

JLL Partners Acquires Jonathan Engineered Solutions from Levine Leichtman Capital Partners

January 4, 2021

Aerospace & Defense

JLL Partners, a New York-based private equity firm, has acquired Jonathan Engineered Solutions (JES), a designer and manufacturer of ruggedized enclosures, slides, and vibration isolators used in defense, aerospace and specialty industrial applications. JES is headquartered in Irvine, California with approximately 900 employees; JLL plans to use JES as the base of a new aerospace and defense manufacturing platform and to invest in capacity, technology and strategic acquisitions. Levine Leichtman Capital Partners sold its portfolio company to JLL Partners.