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Business Briefs

J.F. Lehman & Company acquires Lone Star Disposal

J.F. Lehman & Company (JFLCO), a middle-market private equity firm focused on the aerospace, defense, maritime, government and environmental sectors, has acquired Lone Star Disposal, L.P., Delta Waste Services, L.P. and Tanner Road Facility, L.P.

Lone Star is a leading vertically-integrated provider of construction and demolition (C&D) and municipal solid waste (MSW) disposal and related environmental services in Houston, Texas. The company’s comprehensive service platform utilizes an asset base consisting of a C&D landfill, an MSW transfer station, a C&D recycling facility and a C&D collection fleet.

“Lone Star represents an excellent addition to our portfolio of companies in the environmental services sector,” said Glenn Shor, a partner with JFLCO. “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 complimentary bolt-on acquisitions.”

Published in the November 2019 Edition

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