Lehr partners with investment firm

September 12, 2014 By    

Solis Capital Partners, a Newport Beach, Calif., private equity firm, is investing in Lehr LLC. Financial details of the investment were not disclosed.

Lehr makes a line of propane-powered outboard marine engines in a variety of low horsepower configurations.

“Partnering with Solis is a significant step in Lehr’s evolution,” says Bernardo Herzer, founder and CEO of Lehr, in a press release. “Solis brings valuable experience and strategic and financial resources that will help realize the global potential for our products and technology.”

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