Houlihan Lokey Advises Integrated Global Services

Houlihan Lokey is pleased to announce the sale of Integrated Global Services, Inc. (IGS), a portfolio company of J.F. Lehman & Company (JFLCO), to American Securities. The transaction closed on March 6, 2025.

IGS is a leading global provider of proprietary, highly engineered asset integrity and environmental and efficiency technologies across a diverse set of geographies and end markets. IGS’ solutions directly support the safe and productive operation of critical facility infrastructure by addressing the impacts of corrosion and erosion, increasing throughput efficiency, reducing emissions, and more.

JFLCO is a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, environmental, and infrastructure sectors.

Since acquiring IGS in 2020, JFLCO has successfully partnered with management to accelerate the adoption of its solutions, penetrate new markets, and expand the company’s technology portfolio. The company has also integrated four strategic acquisitions.

Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion. American Securities and its affiliates have more than $23 billion under management.

Houlihan Lokey served as the lead financial advisor to IGS. This transaction highlights Houlihan Lokey’s preeminent position and continued success advising clients in the environmental and infrastructure services sectors.

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