Training And Support Services Are The Newly-Acquired Company's Core Business

Middle-market private equity firm J.F. Lehman & Company ("J.F. Lehman"), said Thursday it has acquired Doss Aviation, Inc. ("Doss Aviation"), a provider of aviation support services primarily to the U.S. military and other government customers. The Company's services include the initial flight screening and training of traditional fixed-wing and remotely piloted aircraft aircrews, aircraft maintenance at military bases throughout the U.S., and the management of airfield and other base logistics at military installations around the world. Headquartered in Colorado Springs, CO, Doss Aviation has approximately 500 full-time employees and maintains a presence at 14 sites worldwide.

"Doss Aviation is an ideal fit with J.F. Lehman," said Stephen Brooks, a Partner at J.F. Lehman. "Doss Aviation has strong, long-standing relationships with its customers, an outstanding workforce and a reputation for delivering exceptional customer service. We look forward to partnering with the management team to achieve the Company's strategic goals."

Ken Smith, President and CEO of Doss Aviation commented, "This marks the beginning of a new and exciting era for the Company. As a firm focused on the defense and aerospace markets, J.F. Lehman will augment our team with a group of experienced investment professionals and industry experts with a proven track record of creating value by helping its portfolio companies meet their goals for growth and profitability."

Debt financing for the transaction was arranged by BNP Paribas, Abacus Finance Group LLC and Babson Capital Management LLC. Jones Day provided legal counsel to J.F. Lehman & Company. Blank Rome advised in the area of government contracting and import / export compliance.

FMI: www.jflpartners.com