National Response Corporation, a portfolio company of J.F. Lehman & Company, has completed the acquisition of Specialized Response Solutions.
Specialized Response Solutions (SRS) is a provider of emergency response, firefighting, specialized equipment fabrication, training, and other specialized response services primarily for the rail and industrial chemicals industries. SRS will operate under NRC’s Environmental Services – West division. The company is headquartered in Fort Worth, TX (www.specializedresponse.com).
National Response Corporation (NRC), acquired by J.F. Lehman in March 2012, is a provider of diversified environmental, industrial and emergency response services. The company has approximately 910 employees and is headquartered in Great River, NY (Long Island) with regional offices throughout the US and internationally (www.nrcc.com).
“SRS is a great fit with NRC’s strategy’s to expand our environmental services offerings in the high hazard and rail industries. We look forward to working with SRS to expand our presence and capabilities in the Texas market to better serve our new and existing customer base as well as helping SRS grow its national response platform and capabilities,” said Steve Candito, CEO of NRC.
J.F. Lehman & Company is a middle-market private equity firm focused primarily on the maritime, defense, and aerospace sectors. The firm was founded by Dr. John Lehman, who served six years as Secretary of the United States Navy. To date, J.F. Lehman has made investments in companies with an aggregate transaction value of approximately $1.6 billion. The firm was founded in 1992 and is headquartered in New York with additional offices in Washington, DC and London (www.jflpartners.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 3-26-14
