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J.F. Lehman & Company Acquires CTS Engines
NEW YORK, Dec. 28, 2020 /PRNewswire/ J.F. Lehman & Company ( JFLCO ), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce that an investment affiliate has acquired CTS Engines, LLC and CTS Testing, LLC (collectively, CTS or the Company ).
Headquartered in Ft. Lauderdale, FL, CTS is a leading independent provider of maintenance, repair and overhaul ( MRO ) services for mature aircraft engines worldwide. The Company s core services include end-to-end engine overhauls, component repairs, and return-to-service testing for engine owners and operators primarily in the air cargo and military end markets. The Company s MRO services require complex logistical planning with customers and vendors to manage an approximately 13,000 piece-part repair and replacement process for each engine overhaul. ....

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