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New Deal


Announced

Completed

JF Lehman completed the acquisition of Global Marine Group.

Financials

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Transaction Value£192m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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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

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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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