Jones & Frank

Norfolk, United States Founded: 1945 • Age: 81 yrs Acquired By MidOcean Partners
Fuel and fluid handling system solutions are provided comprehensively.
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About Jones & Frank

Jones & Frank is a company based in Norfolk (United States) founded in 1945 by Dallas Frank and Garland Jones was acquired by MidOcean Partners in January 2012.. Jones & Frank has completed 3 acquisitions, including ANS Distributing, M.L. Leonard and Petroleum Solutions.

  • Headquarter Norfolk, United States
  • Founders Dallas Frank, Garland Jones
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    MidOcean Partners

    & 1 more

    (Jan 04, 2012)

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People of Jones & Frank
Headcount 500-1000
Employee Profiles 20
Employee Profiles
People
Brent Stimmel
VP, IT
People
Rob Uppena
SVP, Sales, East Region
People
Christine Schulte
VP, Supply Chain
People
David Whittington
CFO

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Funding Insights of Jones & Frank

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2011 Amount Private Equity Round - Jones & Frank Valuation

investors

Jun, 2009 Amount Private Equity Round - Jones & Frank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jones & Frank

Jones & Frank has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SunTrust Bank, Five Points Capital and MidOcean Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
U.S. lower middle market investments are managed by the firm.
Founded Year Domain Location
Private equity and debt fund focused on consumer and business services sectors
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jones & Frank

Jones & Frank has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ANS Distributing, M.L. Leonard and Petroleum Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Distributor of petroleum equipment
2012
Fueling equipment distribution company
1981
Fuel handling and related services are provided to clients.
1970
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Jones Frank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jones & Frank Comparisons

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Competitors of Jones & Frank

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jones & Frank

Frequently Asked Questions about Jones & Frank

When was Jones & Frank founded?

Jones & Frank was founded in 1945 and raised its 1st funding round 64 years after it was founded.

Where is Jones & Frank located?

Jones & Frank is headquartered in Norfolk, United States. It is registered at Norfolk, Virginia, United States.

What does Jones & Frank do?

Provider of fuel and fluid handling system solutions. This includes equipment distribution, petroleum construction, service and repair, automotive equipment, electrical contracting, environmental compliance services, and professional services related to fuel management. The company offers technical training and financing options for projects. They also provide parts and equipment for fuel systems. Their services encompass the entire lifecycle of fuel systems, from initial design and construction to ongoing maintenance and repair.

How many acquisitions has Jones & Frank made?

Jones & Frank has made 3 acquisitions, including ANS Distributing, M.L. Leonard, and Petroleum Solutions.

Who are Jones & Frank's investors?

Jones & Frank has 4 investors. Key investors include SunTrust Bank, Five Points Capital, MidOcean Partners, and Parkway Capital.

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