BB&TCP Helps Fuel Recap
January 19, 2012- Share:
Jones & Frank has been recapitalized through a financing led by MidOcean Partners. Former majority investor BB&T Capital Partners will remain a minority investor in the company, which services the fueling infrastructure industry. Martin Gilmore and Chris Jones led the investment team for BB&TCP, which was advised by BlackArch Partners on the sale. BB&TCP initially acquired Jones & Frank in December 2009.
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