US Joiner Announces Acquisition of JCI Metal Products, Inc.

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• Publié par: j-f-lehman-company-inc
• Nombre de lectures: 25
• Langue: English

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US Joiner Announces Acquisition of JCI Metal Products, Inc.

PR Newswire

NEW YORK, Dec. 31, 2012

NEW YORK,Dec. 31, 2012/PRNewswire/ -- Affiliates of US Joiner ("US

Joiner") announced today the acquisition of JCI Metal Products, Inc. ("JCI").

JCI is a leading provider of maintenance, repair and overhaul ("MRO")

services focusing on habitability, fabrication, electrical and piping solutions to

U.S. Navy vessels. JCI is headquartered in San Diego, CA with additional

operations in Pearl Harbor, HI. The acquisition will enable US Joiner to

further establish its position in the U.S. Navy MRO market and expand its

footprint in the Pacific.

http://photos.prnewswire.com/prnh/20091221/NY29520LOGO US Joiner is the leading independent domestic provider of turnkey marine

joiner and furniture solutions for U.S. Government and commercial

customers. Headquartered in Crozet, VA, the company also has existing

facilities in San Diego. US Joiner employs approximately 500 employees

across the United States.

Joe Mullen, President of US Joiner, said, "The acquisition of JCI marks an

exciting new step for US Joiner. We are pleased to welcome the outstanding

management and employees of JCI to the US Joiner family. The addition of

JCI's capabilities and strong customer relationships in the U.S. Navy MRO

market allows us to take the next step in expanding our joiner capabilities in

this vital segment of the industry."

Marcel Becker, one of the former owners of JCI, will continue to lead the JCI

operations of US Joiner as its General Manager. Mr. Becker stated, "We are

excited about the partnership with US Joiner and the opportunities the

combined operations create. With this combination, we will be able to offer a

more diverse solution to our customers."

US Joiner was acquired inJune 2011by J.F. Lehman & Company, a leading

middle-market private equity firm focused on the maritime, defense and

aerospace sectors.

Blank Rome LLP and Feil, Pettit & Williams, PLC provided legal counsel to US Joiner.

About J.F. Lehman & Company

J.F. Lehman & Company is a leading middle-market private equity firm

focused exclusively on the defense, aerospace, and maritime sectors. The

firm has offices in New York and Washington.

For more information about J.F. Lehman & Company, please visit

www.jflpartners.com.