J.F. Lehman & Company Acquires Atomic Transport LLC
J.F. Lehman & Company (JFLCO), a distinguished private equity firm, has recently announced its acquisition of Atomic Transport, LLC. This strategic move reflects JFLCO's focus on investing in vital sectors such as aerospace, defense, maritime, government, and environmental services.
Overview of Atomic Transport
Founded in 2015, Atomic Transport has emerged as a leading player in specialized waste services, delivering bulk-material transportation and transfer station management. Operating across 19 states with 30 terminals, Atomic has built a reputation for providing tailored waste management solutions. The company's emphasis on investing in its workforce and modern fleet underscores its commitment to exceptional service delivery.
Statements from J.F. Lehman & Company
Glenn Shor, a Partner at JFLCO, expressed enthusiasm for the partnership, highlighting the remarkable talent and experience of the Atomic team. He noted, "Their commitment to excellence in customer service, safety, and innovation is a solid foundation for success in the market, and we are eager to support their future growth initiatives."
Moreover, Dave Thomas, Managing Director at JFLCO, emphasized that Atomic’s business model aligns perfectly with JFLCO’s established investment criteria. He stated, "With the crucial nature of Atomic’s services and established market-leading capabilities, we are confident that their service-oriented culture will enhance our portfolio."
The Future with J.F. Lehman & Company
The acquisition allows former majority shareholders and founders to remain integral to Atomic's leadership team, ensuring continuity and leveraging their expertise for future growth. Shayne McCallie, Co-Founder and CEO of Atomic, shared his thoughts on the partnership, stating, "With JFLCO’s immense industry experience, we are well-positioned for our next growth phase. Our achievements so far stem from the dedicated team at Atomic, and we look forward to collaborating with JFLCO to enhance our service delivery across the country."
Key Financial Insights
The financial backing for this acquisition was structured by Netrex Capital Markets and facilitated by a lender group led by Deutsche Bank Private Credit & Infrastructure, ensuring a robust financial foundation for Atomic Transport.
Legal and Advisory Support
Legal counsel for JFLCO was provided by A&O Shearman, while Houlihan Lokey acted as the financial advisor for Atomic, and the Scudder Law Firm rendered legal support to Atomic and its majority equity holders.
About J.F. Lehman & Company
Since its inception in 1992, J.F. Lehman & Company has been dedicated to investing in aerospace, defense, maritime, government, and environmental sectors, reflecting its deep-rooted focus on specialty industries. The firm operates from offices in New York and Washington, D.C., further affirming its commitment to strategic growth and investment excellence.
Frequently Asked Questions
What is the significance of J.F. Lehman & Company's acquisition of Atomic Transport?
The acquisition enhances J.F. Lehman’s portfolio with specialized services in waste management, emphasizing growth and strategic investment.
How does Atomic Transport operate in the waste management sector?
Atomic Transport provides tailored waste management solutions through bulk-material transport and manages transfer stations across multiple states.
What are the future prospects for Atomic Transport under J.F. Lehman & Company?
Atomic Transport is expected to leverage J.F. Lehman's expertise for continued growth and innovation in waste management services.
Who were the key players in facilitating the acquisition?
Netrex Capital Markets arranged financing, while JFLCO received legal counsel from A&O Shearman, with advisory support from Houlihan Lokey.
In what regions does Atomic Transport operate?
Atomic Transport operates in 19 states, managing 30 terminals, which positions it strategically for service delivery across a diverse geography.
