M&A Deal Summary

Foundation Investment Partners Acquires W.A. Jones

On August 14, 2019, private equity firm Foundation Investment Partners acquired distribution company W.A. Jones

Acquisition Highlights
  • This is Foundation Investment Partners’ 1st transaction in the Distribution sector.
  • This is Foundation Investment Partners’ 5th transaction in the United States.
  • This is Foundation Investment Partners’ 1st transaction in Indiana.

M&A Deal Summary
Date 2019-08-14
Target W.A. Jones
Sector Distribution
Buyer(s) Foundation Investment Partners
Deal Type Recapitalization

Target

W.A. Jones

Columbia City, Indiana, United States
W.A. Jones is a distributor of heavy truck equipment and accessories including Boss, Western, Knapheide, Adrian Steel, and Monroe. W.A. Jones was founded in 1880 and is based in Columbia City, Indiana.

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Buyer(S) 1

Buyer

Foundation Investment Partners

Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Foundation Investment Partners is a Midwest US-based private equity investor focused on acquiring niche manufacturers, value-added distributors, outsourced business service providers, and targeted software developers. Targeted acquisition characteristics include b2b orientation, defensible market positions, undermanaged, and limited focus on sales/marketing. The Firm seeks businesses profitable candidates with $1 to $6 million of EBITDA. Foundation Investment Partners was formed in 2009 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 5 of 8
Sector (Distribution) 1 of 2
Type (Recapitalization) 2 of 2
State (Indiana) 1 of 1
Country (United States) 5 of 7
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Discount Drainage Supplies

Akron, Ohio, United States

Discount Drainage Supplies is a supplier and distributor of drainage pipe and related products, including culvert pipes, PVC piping, septic supplies and more. Discount Drainage Supplies was founded in 1976 and is based in Akron, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-23 Discount Drainage Supplies

Akron, Ohio, United States

Discount Drainage Supplies is a supplier and distributor of drainage pipe and related products, including culvert pipes, PVC piping, septic supplies and more. Discount Drainage Supplies was founded in 1976 and is based in Akron, Ohio.

Sell -
Mergr

Product

Company

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