J.F. Lehman & Company has acquired sister companies Lone Star Disposal LP, Delta Waste Services LP, and Tanner Road Facility LP (together Lone Star).
Lone Star is a vertically integrated provider of construction and demolition (C&D) and municipal solid waste (MSW) disposal and other environmental services.
The company’s customer base includes regional and nationwide C&D and MSW haulers and C&D contractors serving the greater Houston metropolitan area. Lone Star is headquartered in Houston (www.lonestar-disposal.com).
“Lone Star represents an excellent addition to our portfolio of companies in the environmental services sector,” said Glenn Shor, a partner with J.F. Lehman. “Lone Star’s industry-leading reputation, vertically integrated service offering and strategically located asset base reflect core characteristics we seek in our investment portfolio. We are eager to continue Lone Star’s history of excellence and look forward to supporting the continued growth of the business through organic development and complementary bolt-on acquisitions.”
J.F. Lehman is a middle-market private equity firm focused primarily on the aerospace, defense, maritime, government and environmental industries. The firm was founded in 1992 by Dr. John Lehman, who served six years as Secretary of the United States Navy. J.F. Lehman is headquartered in New York with an additional office in Washington, DC (www.jflpartners.com).
© 2019 Private Equity Professional | August 15, 2019