J.F. Lehman & Company Acquires Majority Stake in Wellman Dynamics
J.F. Lehman & Company has acquired a majority stake in Wellman Dynamics, known for its magnesium and aluminum sand castings in the aerospace and defense industries, while current owner TRM Equity maintains a minority share. The transaction was financed by Netrex Capital Markets, with a lending group led by Eldridge Capital Management and co-led by Guggenheim Investments and PGIM.
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J.F. Lehman & Company has acquired a majority shareholding in Wellman Dynamics, partnering with current owner TRM Equity, which retains a minority stake. Wellman is recognized for its expertise in magnesium and aluminum sand castings within the aerospace and defense sectors. The transaction was financed by Netrex Capital Markets, with a lender group led by Eldridge Capital Management, co-led by Guggenheim Investments and PGIM.
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