Global Marine Group Aquired by J.F. Lehman & Company

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Global Marine Group (“GMG” or the “Company”), a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, is pleased to announce an affiliate of J.F. Lehman & Company (“JFLCO”), a leading middle-market private equity firm focused exclusively on aerospace, defence, maritime, government and environmental sectors, has completed the acquisition of the Company for an enterprise value of $250 million.

Global Marine Group (“GMG” or the “Company”), a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, is pleased to announce an affiliate of J.F. Lehman... ... More: Official Press Release Global Marine Group

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