Deal

Atlantic Marine, a J.F. Lehman Portfolio Company, Acquires Boston Ship Repair

Blank Rome provided legal counsel to J.F. Lehman & Company in their purchase of Boston Ship Acquisition, LLC (“Northeast”) on December 29, 2008.  Northeast was purchased by Atlantic Marine Holding Company (“Atlantic Marine”), a J.F. Lehman portfolio company. The Northeast acquisition is expected to further diversify Atlantic Marine’s business by providing the company access to a new regional market, enhance its position in the non-U.S. Navy government and cruise markets and significantly expand its large dry-dock capacity.

Northeast is a leading provider of maintenance, repair, overhaul and conversion (“MROC”) services for non-U.S. Navy government vessels and cruise ships and operates two large dry-docks in Boston, MA and Philadelphia, PA.

Atlantic Marine is a leading provider of MROC services for commercial, offshore, U.S. Navy and other government vessels as well as mega yachts. Atlantic Marine also provides marine fabrication services.

construction and repair of shipyards