Latham Advises on Private Credit Financing for J.F. Lehman’s Acquisition of Wellman Dynamics

J.F. Lehman & Company (JFLCO), a leading alternative asset manager focused exclusively on the aerospace, defense, government, maritime, environmental, and infrastructure sectors, announced that an investment affiliate of JFL Equity Investor VI, L.P. has acquired a majority shareholding in Wellman Dynamics. JFLCO will partner with Wellman's current owner, TRM Equity, who will retain a meaningful minority ownership position in the company as it enters its next phase of growth.

Latham & Watkins LLP represented the private credit providers in the transaction with a team led by Stelios Saffos, Global Chair of Latham’s Capital Markets Practice, Alfred Xue, Global Vice Chair of the Banking & Private Credit Practice, and partners Conray Tseng and John Lister, with associates Ana Núñez Cárdenas, Paige Kelley, and Samantha Thompson. Advice was also provided on uniform commercial code matters by counsel Linda Kim; on tax matters by partner Bora Bozkurt and counsel Kathryn Harrington; and on real estate matters by counsel Shira Bressler, with associate Thomas Ficchi.