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Business/Financial

J.F. Lehman Acquires Defense Holding Company

DDN

Wednesday, July 1st, 2009

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By Calvin Biesecker The private equity firm J.F. Lehman and Company yesterday said it has acquired Defense Venture Group (DVG) and its affiliates in partnership with DVG management, adding businesses that provide armoring services and force protection products to its portfolio. Terms of the deal were not disclosed. J.F. Lehman will have majority control of the business, although DVG's management will retain a "meaningful stake" in the business, C. Alexander Harman, a partner with J.F. Lehman, told Defense Daily. North…

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