J.F. Lehman & Company Acquires Global Marine Group

Keppel Infrastructure Fund Acquires Global Marine Group from J.F. Lehman & Company

March 10, 2025

Infrastructure

Keppel Infrastructure Fund (KIF) has acquired Global Marine Group (GMG), a UK-based provider of subsea cable installation, maintenance and repair services, from investment affiliates of J.F. Lehman & Company. Terms were not disclosed; the deal positions Keppel to expand its connectivity and subsea infrastructure capabilities while marking an exit for J.F. Lehman.

American Securities Acquires Integrated Global Services, Inc. from J.F. Lehman & Company

March 6, 2025

Industrial Services

American Securities has acquired Integrated Global Services, Inc. (IGS) from investment affiliates of J.F. Lehman & Company. IGS, a Richmond, Virginia–headquartered provider of industrial surface-protection, asset integrity and environmental efficiency technologies serving power, energy and industrial markets, will partner with American Securities to accelerate growth and expand adoption of its proprietary solutions.

BLG Group of Companies Acquires MBM Groups International Ltd and FDS Group

January 4, 2025

Consulting

BLG Group of Companies, led by Chairman Ajay K. Dubey, has acquired UK-based MBM Groups International Ltd and Germany-based FDS Group in a multi-million (reported) transaction to expand its consulting, technology and industrial capabilities across Europe and Southeast Asia. Dr. Hans Martin Krüger will lead European integration efforts; financial terms were not disclosed.

Gulf Manufacturing (GMI) Acquires Maass Global Group with $40M Support from Main Street Capital

March 19, 2024

Manufacturing

Gulf Manufacturing, LLC (GMI) completed the acquisition of Maass Global Group, combining GMI’s U.S. manufacturing and distribution footprint with Maass’s global flange, forged-bar, pipe and fittings capabilities. Main Street Capital Corporation provided a $40.0 million first-lien senior secured term debt investment and a revolving line of credit to support the transaction and the formation of a new parent, Gulf Manufacturing Holdings, LLC.

Bleecker Street Group Acquires Marine Learning Systems

November 6, 2023

Software

Bleecker Street Group (BSG), a New York-based software holding company, has acquired Marine Learning Systems, a Vancouver-based provider of maritime eLearning technology and services. The deal brings Marine Learning Systems into BSG’s growing portfolio of maritime software businesses to accelerate product development and expand service offerings for cruise, ferry and workboat operators.

J.F. Lehman & Company Acquires Integrated Global Services

February 4, 2020

Industrial Services

J.F. Lehman & Company (through an investment affiliate) acquired Integrated Global Services (IGS), a Richmond, Virginia–based provider of engineered surface protection and metal cladding solutions, in a transaction that closed February 4, 2020. The deal — the first platform investment for JFLCO's JFL Equity Investors V fund — was financed in part with debt from Benefit Street Partners and involved selling shareholders including Industrial Growth Partners.