Our History
Jones Capital Private Equity Solutions
H I S T O R Y
1949 | Jones Lumber
Lloyd Jones incorporates Jones Lumber Company as a one-site hardwood sawmill in Sandy Hook, MS. Over the past 70 Years, Jones Lumber has become one of the largest and most financially stable hardwoods sawmills in the U.S., with 12 dedicated mills across five sites.
1949 | Jones Lumber
1976 | Dixie Mat
Brett Jones, Lloyd Jones’ son, incorporates Dixie Mat and Hardwood, the predecessor to Yak Access, which is now the largest provider of rentable, temporary access roadways to various industrial end markets in North America.
1999 | Jones Logistics
Jones Logistics, originally known as Jones Brothers Trucking, founded. Today, Jones Logistics is one of the largest flatbed freight brokerages in the country and a leading provider of asset-based, dedicated logistics services.
1999 | Jones Logistics
2000 | FV Recycling
FV Recycling was founded to provide bale route recycling services to the southwest Mississippi region. FV today operates in 7 states and is one of the largest privately held paper recyclers in the Southeastern United States.
2007 | Portabull Storage
Portabull Storage is launched to provide on-site cold storage for large grocers in need of temporary cold storage capacity. Today, Portabull Storage is one of the nation’s largest providers of rentable electric coolers, serving grocers nationwide.
2007 | Portabull Storage
2010 | Jones Pipeline
Jones Pipeline Services is founded. Today, Jones Pipeline Services (now known as Jones Power) offers a one-stop-shop for customers needing yard management, specialty logistics, materials management and civil construction to the energy and renewables sectors.
2010 | Portabull Fuel
Portabull Fuel Solutions created in response to the growing demand for remote fuel distribution solutions.
2010 | Portabull Fuel
2011 | Spot
SPOT founded to leverage technology to enhance project accountability and materials traceability for industrial construction projects. The company has rapidly become a leading provider of yard, asset, and project management solutions for major infrastructure customers globally.
2015 | PWI Supply
PWI Supply, a leading distributor of consumable products to the energy infrastructure industry, sold to Cross Country Pipeline Supply Co, an Odyssey Investment Partners portfolio company, after a successful 6 year hold.
2015 | PWI Supply
2016 | Yak Access
Dixie Mat and Beasley Forest Products-Matting Division merged and became Yak Access, the leading matting provider for North American Infrastructure products.
2018 | Yak Access
Platinum Equity completes the majority recapitalization of Yak Access.
2018 | Yak Access
2018 | Codaray
Codaray Construction is founded to serve the commercial construction needs of Mississippi and the greater Southeast.
2018 | Jones Capital
Jones Capital formed to formalize the investment activities of Jones and begins to actively seek new partnership opportunities with leading lower middle-market businesses.
2018 | Jones Capital
2019 | Big Black River Acquisition
Jones Capital completes the acquisition of Big Black River timberland package, one of the largest holdings of timberland in Mississippi.
2020 | Volume Freight Aquisition
Jones Capital and Jones Logistics completes the acquisition of Volume Freight, a dedicated asset-based logistics provider that complements Jones Logistics' existing offerings.
2020 | Volume Freight Aquisition
2020 | Parade
Jones Capital completes an investment in Parade, the leading capacity management platform for freight brokers to drive digital transformation.
2020 | Rockport Terminals Acquisition
Jones Capital completes the acquisition of Rockport Terminals, LLC, a 225-acre multi-modal terminal strategically located outside of the rapidly growing Corpus Christi, TX market.
2020 | Rockport Terminals Acquisition
2022 | Foundation AI Acquisition
Jones Capital completes the acquisition of Foundation AI, a leading industry provider of AI powered solutions that streamline labor-intensive processes, reduce costs, and optimize decision-making.
2023 | TRU Solutions
SPOT Tracker and TruQC merge to become TRU Solutions, an industry-leading digital data management platform for critical assets across the infrastructure, energy, and shipbuilding and repair sectors.
2023 | TRU Solutions
2023 | Nationwide Express Acquisition
Jones Capital and Jones Logistics complete the acquisition of Nationwide Express, a leading provider of dedicated trucking services, warehousing, 3PL logistic services, recycling transportation, and waste management solutions.
2023 | Linn Paper Stock and QLL Equipment Acquisition
Jones Capital and FV Recycling complete the acquisition of Linn Paper Stock and QLL Equipment, expanding FV’s overall footprint into Arkansas and its surrounding states.
2023 | Linn Paper Stock and QLL Equipment Acquisition
2024 | Tupelo Recycling Acquisition
Jones Capital and FV Recycling complete the acquisition of JET Polymer Recycling, commonly known as Tupelo Recycling, increasing the density of FV's footprint in North Mississippi, Alabama, Kentucky, and Tennessee.
2024 | Kelly Refrigeration and Freezer Acquisition
Jones Capital and Portabull Cold Storage acquire Kelly Refrigeration and Freezer's rental fleet and establish an operational hub in the Northeast United States.
2024 | Kelly Refrigeration and Freezer Acquisition
2024 | Portabull Fuel
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Portabull Fuel, a leading provider of portable fueling systems in the equipment rental market, sold to CR Fuels, a partnership between Rogers Oil Company, Inc. and Chancellor, Inc.
2024 | Dark Horse Electric
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Jones Capital completes the recapitalization of Dark Horse Electric, a business with over twenty years of experience in the utility services industry.
2024 | Dark Horse Electric
2024 | Alta Arbor Holdings
Jones Capital completes a strategic partnership and investment in Alta Arbor, an investment holding company focused on acquiring and holding high-quality horticulture businesses.
