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Announced

J.F. Lehman & Company acquired Lone Star Construction.

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."

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