NEW YORK, March 19, 2012 /PRNewswire/ -- J.F. Lehman & Company (" J.F. Lehman"), a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, announced today that it has completed the acquisition of National Response Corporation and its affiliated businesses NRC Environmental Services, SEACOR Response, and SEACOR Environmental Products (collectively "NRC") from SEACOR Holdings Inc. (NYSE:CKH).
NRC is recognized as a leading provider of United States Oil Pollution Act of 1990 regulatory compliance and emergency response services, one of the leading environmental contracting firms on the U.S. West Coast, and a global provider of diversified environmental, industrial, and emergency response solutions. Headquartered in Great River, NY with regional offices throughout the U.S. and internationally, NRC has approximately 540 employees.
Alex Harman, Partner, stated, "NRC is a unique business with a strong customer base and reputation for quality service. We are eager to continue NRC's long history of excellence and leverage their leading regulatory compliance and emergency response capabilities to grow the company."Steve Candito will be President and CEO of NRC and commented, "Together with the rest of NRC's senior management team, I am pleased to be partnering with J.F. Lehman. The combination of their sponsorship and NRC's outstanding management team and employees will make for an exciting future." Senior debt financing for the acquisition was arranged by BNP Paribas Securities Corp. (as sole and exclusive administrative agent and joint lead arranger) and PNC Capital Markets, LLC (as sole and exclusive syndication agent and joint lead arranger). Jones Day, Blank Rome LLP and select international law firms provided legal counsel to J.F. Lehman. About J.F. Lehman & Company J.F. Lehman & Company is a leading middle-market private equity firm focused primarily on the maritime, defense, and aerospace sectors. The firm has offices in New York and Washington, D.C. For more information about J.F. Lehman & Company, please visit www.jflpartners.com. SOURCE J.F. Lehman & Company
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV