Shearman & Sterling advised J.F. Lehman & Company (JFLCO), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, in its investment affiliate’s completed acquisition of the assets of the Narda-MITEQ division and the stock of Narda Safety Test Solutions, GmbH (Narda-MITEQ) from L3Harris Technologies, Inc.
Narda-MITEQ is a market leader in the design, engineering and manufacturing of custom radiofrequency and microwave subsystems and components for defense and commercial end markets. The company’s highly engineered solutions facilitate the conditioning, management and transfer of radiofrequency and microwave energy in demanding operating environments across a variety of radar, space, test and measurement and intelligence, surveillance and reconnaissance applications.
Founded in 1992, J.F. Lehman & Company is a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors. The firm has offices in New York and Washington, D.C.
The Shearman & Sterling team below included associates Emily Kelly (Dallas-Mergers & Acquisitions), Austin Grossfeld (New York-Intellectual Property Transactions) and Matthew Brown (Washington, D.C.-Tax).