Jones & Frank

Jones & Frank is a leading fuel and fluid handling equipment distributor and service provider in the U.S., serving retail fueling stations, commercial and government fleets and emergency power customers.

a portfolio company of

has been acquired by

Fuel Handling Products & Services

Situation

The shareholders of Jones & Frank retained BlackArch to run an exhaustive marketing process that would identify the right partner to help the company capitalize on its growth opportunities, while at the same time close the transaction on an aggressive schedule.

BlackArch’s Customized Solution

BlackArch’s marketing process was tailored to showcase Jones & Frank to a large number of suitable financial and strategic partners. Marketing materials emphasized the company’s dominant market position as a value-added distributor and provider of installation, maintenance and repair services generating recurring revenue. The BlackArch-led marketing process generated 36 indications of interest and several competitive final bids.

Outcome

Jones & Frank was acquired by MidOcean Partners.

Industries:

Distribution, Energy & Industrial Services, Industrial Products

Location:

Raleigh, NC

Transaction type:

Sellside Advisory