JF Lehman & Company completed the acquisition of CTS Engines and CTS Testing from Platte River Equity.

JF Lehman & Company, a middle-market private equity firm, completed the acquisition of CTS Engines, a company providing jet engine maintenance services, and CTS Testing from Platte River Equity, a private equity firm. Financial terms were not disclosed. "Platte River has been an invaluable partner for CTS, having supported our business strategically, financially and operationally to help us drive the Company's long-term growth. We thank the Platte River team for its support and partnership over the years and look forward to our next chapter of growth with JFLCO," Vesa Paukkeri, CTS CEO.