A&O Shearman advises J.F. Lehman & Company on its single-asset continuation fund for PURIS

Apollo's Sponsor & Secondary Solutions platform acted as lead investor. Other investors included funds managed by Hamilton Lane, Eldridge Industries, HSBC Asset Management and Golding Capital Partners.

J.F. Lehman & Company is a leading middle-market private equity firm focused on the aerospace, defense, maritime, government and environmental sectors. The transaction was announced on July 8, 2024 in a press release. Terms of the transaction were not disclosed.

The A&O Shearman team that advised J.F. Lehman was led by M&A and Private Equity partners Alain Dermarkar and Kyle Park, and M&A and Private Equity associate Efren Lemus and included Debt Finance partner Michael Steinberg, Antitrust partner Jonathan Cheng, Tax partner Jay Singer and Compensation, Employment, Pensions & Governance partner Gillian Moldowan.

The team also included M&A and Private Equity associates Garrett Engel, Elizabeth Robishaw and Emily Greenwood, Debt Finance associates Ashley Shan and Zach Engel, Tax associates Ira Aghai and Gil Shauly, Antitrust associate Rebecca McCraw, Compensation, Employment, Pensions & Governance associate Janice Perri, and summer associates Harrison Jenkins and Rachel Miller and legal assistant Catherine Hall.