Jones & Frank Acquires M.L. Leonard
August 5, 2019
Jones & Frank, a provider of fueling system solutions, has acquired M.L. Leonard, a Virginia-based petroleum equipment distributor and service provider. The deal expands Jones & Frank's sales, installation and maintenance capabilities in Virginia and the greater Mid-Atlantic region; MidOcean Partners, the sponsor behind Jones & Frank, said the acquisition aligns with its strategy to build a leading petroleum equipment solutions platform.
- Buyers
- Jones & Frank, MidOcean Partners
- Targets
- M.L. Leonard
- Sellers
- Mike Leonard, Julie Leonard
- Platforms
- Jones & Frank
- Industry
- Energy
- Location
- Virginia, United States
- Transaction Type
- Addon
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