J.F. Lehman completed the acquisition of a majority stake in Altor-backed Wrist.

J.F. Lehman, a private equity firm specializing in the aerospace, defense, government, maritime, environmental and infrastructure sectors, completed the acquisition of a majority stake in Altor-backed Wrist, a marine supply, logistics and budget management services provider. Financial terms were not disclosed. “Wrist has built a world-class reputation for simplifying the maritime supply chain through its integrated, end-to-end service offerings and efforts to lead the digitization of this sector. We are thrilled to partner with the Wrist team as well as Altor and welcome the Company to the J.F. Lehman & Company portfolio," Alex Harman, Wrist Director.