J.F. Lehman Lights Up with Acquisition of AGI Holdings
August 28, 2014
J.F. Lehman & Company has acquired Aeronautical & GI Holdings and its wholly owned subsidiaries, Aeronautical & General Instruments and Hoffman Engineering Corporation. AGI Holdings is a provider of proprietary situational awareness and LED lighting systems for naval vessels, military and commercial aircraft and military ground vehicles. With customers in over 50 countries, the company has core product lines that include naval visual landing systems, wind and speed sensor systems for naval and aviation applications, expeditionary airfield lighting, aircraft and ground vehicle lights, and night vision test equipment. Debt financing was arranged by BNP Paribas.