Jones Capital Announces Acquisition of Volume Freight
Columbus, Miss – Jones Capital (Jones) recently announced the purchase of Volume Freight, a family-owned and operated logistics and transport company...
HATTIESBURG, MISS. – Jones Power, (a portfolio company of Jones Capital), a leader in construction and logistics services to the renewable energy and midstream markets, has announced that John Clark has joined the company as Chief Executive Officer.
Clark joins Jones Power with a strong track record of leadership in various segments of the energy industry. Prior to Jones Power he served as the Chief Commercial Officer of Stupp Corporation, where he was responsible for the company’s commercial strategy, organizational development, M&A, sales, marketing, supply chain management and project services. Prior to joining Stupp, he spent 17 years in the automation, controls, and the enterprise software business for companies such as Emerson Process Management and Honeywell Process Solutions, concluding his tenure as Honeywell’s Vice President of Sales, Americas.
“We are very excited for John to join the Jones Power team” said Tom Caughlin, President of Jones Capital. “John is a unique talent and exceptional leader. He brings a wealth of energy and process industry experience that can be leveraged to deliver additional services to our customer base. We look forward to working with John as he and the rest of the Jones Power management team grow and scale the business.”
“I am excited to join a company with robust financial backing, a track record of success, a customer service- driven culture, a strong employee talent base and an unwavering standard of high character and integrity. At Jones Power we have an amazing opportunity for profitable growth while helping lead America’s transition into the next generation of our energy infrastructure.”
Jones Power was created in 2011 to provide logistics and specialty services to the energy industry. Industries serviced today remain primarily renewable energy and midstream oil & gas. Core services range from project planning, civil construction, environmental controls, yard and inventory management, logistics, and pipeline stor- age, staging, and stringing. The Jones Power team brings decades of experience to every project, with excel- lence as the only goal. To learn more, visit us at www.JonesPower.com, or find us on LinkedIn at LinkedIn.com/company/JonesPower.
Jones Capital (Jones) is a family-owned private equity capital provider focused primarily on investing in middle- market companies in the transportation and logistics, industrial, and business services markets. Headquartered in Hattiesburg, Miss. with offices in Houston, Texas, Jones Capital traces its heritage over seven decades to the incorporation of Jones Lumber Company in 1949. Today, Jones’ portfolio includes investments in transportation and logistics, recycling, energy infrastructure, technology, real estate and timber industries. Jones Capital is actively seeking new investment opportunities.
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