Atomic Transport: Partnering for Growth with J.F. Lehman & Company
Deal News | Feb 20, 2025 | PR Newswire Cision J.F. Lehman & Company
J.F. Lehman & Company (JFLCO), a private equity firm, announced the acquisition of Atomic Transport, a specialized waste services company operating in 19 states. Partnering with Atomic's existing management and former majority shareholders, JFLCO aims to capitalize on Atomic's industry expertise and market capabilities. The acquisition aligns with JFLCO's investment strategy in the aerospace, defense, maritime, and environmental sectors. Glenn Shor, a partner at JFLCO, emphasized their excitement in supporting Atomic's growth initiatives. Atomic's CEO, Shayne McCallie, highlighted JFLCO's deep industry experience as an asset for the company's next growth phase. The transaction's financial arrangements were facilitated by Netrex Capital Markets and backed by a lender group led by Deutsche Bank Private Credit & Infrastructure. Legal and financial advice was provided by A&O Shearman, Houlihan Lokey, and Scudder Law Firm.
Sectors
- Private Equity
- Waste Management
Geography
- United States – Both J.F. Lehman & Company and Atomic Transport are based in the United States; the acquisition involves operations across 19 states.
Industry
- Private Equity – The article discusses a strategic acquisition led by J.F. Lehman & Company, a private equity firm, showcasing investment and partnership efforts.
- Waste Management – Atomic Transport operates in the specialized waste services sector, providing transport and management solutions.
Financials
- Not Specified – The financial terms of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| J.F. Lehman & Company | Bidding Company/Buyer | Company | A private equity firm specializing in investments in aerospace, defense, maritime, government, and environmental industries. |
| Atomic Transport, LLC | Target Company | Company | A company providing specialized waste services and bulk-material transport across 19 states. |
| Glenn Shor | Partner | Person | A partner at J.F. Lehman & Company involved in the strategic acquisition. |
| Dave Thomas | Managing Director | Person | A managing director at J.F. Lehman & Company, engaged in the acquisition process. |
| Shayne McCallie | Co-Founder and CEO | Person | CEO of Atomic Transport, continuing leadership post-acquisition. |
| Netrex Capital Markets | Financial Advisor | Company | Arranged financing for the acquisition. |
| Deutsche Bank Private Credit & Infrastructure | Lender | Company | Led the lender group in financing the acquisition. |
| A&O Shearman | Legal Advisor | Company | Provided legal counsel to J.F. Lehman & Company. |
| Houlihan Lokey | Financial Advisor | Company | Served as financial advisor to Atomic Transport. |
| Scudder Law Firm | Legal Advisor | Company | Provided legal counsel to Atomic and its majority equity holders. |