An investment affiliate of J.F. Lehman & Co. LLC purchased Lone Star Disposal LP, Delta Waste Services LP and Tanner Road Facility LP.
The acquired businesses offer construction, demolition, municipal solid waste disposal and associated environmental services in Houston.
The private equity firm targets aerospace, defense, maritime, government and environmental companies in the middle market.
Monroe Capital LLC provided debt financing for the transaction. Jones Day was legal adviser to J.F. Lehman, while Stifel and Hunton Andrews Kurth LLP were financial and legal advisers, respectively, to Lone Star.