PB&W is pleased to announce that Aeronautical & GI Holdings Ltd., and its wholly owned subsidiaries Aeronautical & General Instruments Limited (“AGI”) and Hoffman Engineering Corporation (“Hoffman”), have been acquired by J.F. Lehman & Company. PB&W served as exclusive financial adviser to the owners of AGI Holdings.
AGI Holdings is a leading global provider of proprietary situational awareness and LED lighting systems for naval vessels, military and commercial aircraft and military ground vehicles. The Company’s core product lines include naval visual landing systems, wind and speed sensor systems for naval and aviation applications, expeditionary airfield lighting, aircraft and ground vehicle lights, and night vision test equipment. AGI, headquartered in Poole, U.K., and Hoffman, based in Stamford, CT, collectively serve hundreds of customers in over 50 countries.