JLL Partners completed the acquisition of Jonathan Engineered Solutions from Levine Leichtman Capital Partners.

JLL Partners, an American private equity firm focused on leveraged buyout transactions and leveraged recapitalisations of middle-market companies, completed the acquisition of Jonathan Engineered Solutions, a manufacturer and distributor of metal products, from Levine Leichtman Capital Partners, a private equity and venture capital firm that specialises in acquisitions, recapitalisations and refinancing. Financial terms were not disclosed. "The JES investment has been very successful for LLCP, our partners and the Company's management team. Since our initial investment in 2016, we are proud to have enhanced the value of JES by investing in a best-in-class management team, driving growth and diversification organically and through acquisitions, expanding the product suite and implementing operational improvements. JES has an exciting future, and we wish the team continued success," Micah Levin, LLCP Senior Managing Director.