Announced
Financials
Tags
United States
Private Equity
construction and demolition
Friendly
Construction Services
Acquisition
Private
Single Bidder
Synopsis
Private equity firm J.F. Lehman & Company acquired Lone Star Construction, a leading vertically-integrated provider of construction and demolition and municipal solid waste disposal and related environmental services. Financial terms were not disclosed. "Lone Star represents an excellent addition to our portfolio of companies in the environmental services sector," said Glenn Shor, a Partner with JFLCO. "Lone Star's industry-leading reputation, vertically integrated service offering and strategically located asset base reflect core characteristics we seek in our investment portfolio. We are eager to continue Lone Star's history of excellence and look forward to supporting the continued growth of the business through organic development and complimentary bolt-on acquisitions."
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.