Announced
Completed
Financials
Sources
Tags
Completed
United Kingdom
Engineering Consulting
Acquisition
repair services
trenching services
Majority
Friendly
Energy / Utility Services
cable installation
Private Equity
Single Bidder
offshore engineering
Private
Synopsis
JF Lehman, a middle-market private equity firm, completed the acquisition of Global Marine Group, a provider of subsea cable maintenance and installation services. "I believe JFLCO is an excellent partner for GMG to help facilitate the next phase of our growth. Together with Ian Douglas, CEO of GMG, and the rest of the Global Marine Group management team, we look forward to leveraging JFLCO's extensive maritime experience and considerable capital base in further developing GMG's core business in the telecommunication and offshore wind markets," Dick Fagerstal, Global Marine Group Chairman.
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