Leonard Green & Partners completed the acquisition of a majority stake in Jones Lake Management from Fort Point Capital.

Leonard Green & Partners, a private equity company, completed the acquisition of a majority stake in Jones Lake Management, a company providing ecological and water quality solutions, from Fort Point Capital, a private equity company. Financial terms were not disclosed. “Fort Point Capital has been an outstanding partner for JLM. They invested behind our team, oriented our sales & marketing efforts, helped expand our service suite, and provided a steady strategic hand, enabling accelerated growth and scalability of the business. They also provided excellent M&A support, enabling us to complete 15 strategic acquisitions over the past three years, while growing the business organically. I am thankful for their partnership, and am excited for our next chapter,” Tom Barry, JLM CEO.