2020-10-27
http://w3.windfair.net/wind-energy/news/33860-global-marine-group-cwind-fugro-cable-marine-cable-offshore-market-j-f-lehman

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

Image: Global Marine GroupImage: Global Marine Group
Under prior owner HC2 Holdings, Inc., GMG successfully grew its core telecommunications business as well as completed two strategic acquisitions – CWind Limited and Fugro’s cable lay and trenching business – to expand and deepen GMG’s presence in the offshore renewables and power market.

Official Press Release Global Marine Group:

J.F. Lehman & Company Acquires Global Marine Group

Wind Industry Profile of
J.F. Lehman & Company Acquires Global Marine Group

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

Keywords:
Global Marine Group, CWind, Fugro, cable, marine, cable, offshore, market, J.F. Lehman







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