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Foundation Investment Partners Acquires W.A. Jones

Friday, August 16, 2019 04:22 PM EDT Updated: Friday, August 16, 2019 05:10 PM EDT
Foundation Investment Partners Acquires W.A. Jones Photo courtesy of W.A. Jones

Cleveland-based private equity firm Foundation Investment Partners has acquired Whitley County-based truck parts distributor W.A. Jones. Terms of the transaction were not disclosed.

W.A. Jones employs 45 people and says it is the largest independent truck equipment dealer in the state. 

"We saw it as a great opportunity to partner with FIP. Their industry knowledge allows us to execute a strategic growth plan and continue to enhance our business while maintaining the high level of customer service we are known for," said Greg McNeal, the chief executive officer of W.A. Jones in a news release.

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