The private equity firm J.F. Lehman & Company on Monday said its portfolio company USJ-IMECO has acquired Robichaux Automation and Control Inc. (RAACI), which provides commotion systems for commercial and government ships.
Louisiana-based RAACI provides proprietary ship control, alarm, monitoring, propulsion, switchboard and power management system as well as other marine technologies.
“The addition of RAACI adds a highly complementary set of engineered electrical, control and automation solutions and capabilities to the USJ-IMECO platform which will ultimately allow us to better serve our customers,” Tom Eccles, USJ-IMECO’s CEO, said in a statement. “The acquisition also strengthens our presence in the U.S. Gulf Coast region and improves our ability to support shipyards serving the oil and gas market.”
USJ-IMECO provide turnkey marine joiner, distributed and electro-mechanical systems and solutions for government and commercial customers involved in new ship construction and vessel maintenance and repair.
The former owners of RAACI will continue to play key leadership roles in the company.