Friday, September 12, 2014

LEHR Gets New Private Equity Funding

Los Angeles-based LEHR, which develops propane-fueled tools and engines, has received a round of private equity funding from Newport Beach-based Solis Capital Partners, according to the firms. Size of the investment was not disclosed. LEHR currently is focusing its efforts on a line of propane-powered outboard marine engines, which the company says has significant environmental benefits over gasoline. LEHR is led by Bernardo Herzer.

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