American Securities Acquires Integrated Global Services, Inc.
- Editor
- Mar 6
- 1 min read
Whats Happening:
American Securities LLC, a leading U.S. private equity firm, has completed the acquisition of Integrated Global Services, Inc. (IGS) from investment affiliates of J.F. Lehman & Company, LLC. IGS is a global provider of efficiency and reliability solutions for the industrial, power generation, and energy sectors, operating in over 70 countries and serving more than 500 customers worldwide.
Key Moves:
American Securities acquires Integrated Global Services, Inc. from J.F. Lehman & Company
IGS operates in more than 70 countries across six continents
The company serves over 500 customers globally in industrial, power generation, and energy sectors
By The Numbers:
IGS was founded in 1975
American Securities and affiliates have more than $23 billion under management
American Securities typically invests in companies with annual revenues of $200 million to $2 billion
Key Quotes:
"We are thrilled to partner with American Securities as we continue to build on the significant growth our team has achieved in recent years," - Rich Crawford, President and CEO at IGS
"We admire the special business that IGS management and employees have built and share Rich's conviction in the Company's growth prospects," - Michael Sand, Managing Director at American Securities
Bottom Line:
The acquisition of Integrated Global Services by American Securities represents a significant move in the industrial services sector. With IGS's global presence and expertise in efficiency and reliability solutions, coupled with American Securities' investment capabilities, this partnership is poised to drive further growth and innovation in critical industrial sectors.
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