Jones & Frank Announces Rebranding

January 30, 2020

Morrisville, NC – January 30, 2020 – Jones & Frank, a portfolio company of MidOcean Partners and the premier provider of fueling system solutions in North America, announced today a rebrand to its name, mission and visual identity. The company is changing its corporate name to the ‘JF Petroleum Group’.

The purpose of the rebranding is to unify the parent company and its most recent acquisitions (Petroleum Solutions Inc. and ANS Distributing) under one name and one brand.  As part of the rebranding initiative, JF Petroleum has released a new company logo and has plans to launch a new company website at www.jfpetrogroup.com.  Effective immediately, for marketing and branding purposes, the company will now begin to refer to itself under the new corporate name.

“Our rebranding strategy retains the connection with our proud heritage, and our past 75 years of service to the petroleum equipment industry. But even more importantly, our new name and mission reflects the evolution of technology within our growing product portfolio as well as the expansion of the services we provide the communities of customers we serve. The JF Petroleum Group’s mission is to be our customer’s trusted partner, offering them the most comprehensive range of the highest quality products and services at a great value. Our vision is to enhance convenience and the quality of life of the people in the communities we serve by providing intelligent & sustainable energy solutions enabling a more prosperous, safe and greener future.

“While our name is changing, our commitment to our customers remains as strong as ever.  What this means for our existing customers is that we will continue to serve them with local and personalized service, but with even more capabilities and service offerings, still delivered by your experienced account representatives and supported by our field team of over 500 service and construction technicians.” – Keith Shadrick, CEO

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About JF Petroleum Group

The JF Petroleum Group (formerly Jones & Frank) is a leading provider of turn-key distribution, construction and service solutions to the North American fueling infrastructure industry.  The company serves retail fueling stations, commercial and government fleets, and emergency power customers through its network of 33 branch offices, 4 distribution centers and approximately 1,000 employees located across the United States.  The JF Petroleum Group represents the premier products in the fueling infrastructure marketplace, including Gilbarco Veeder-Root, VeriFone, OPW, Franklin Fueling and Containment Solutions.  To learn more, visit www.jfpetrogroup.com.

About MidOcean Partners

MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has managed approximately $4.8 billion of committed capital and has targeted investments in high-quality middle market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and currently manages over $7.5 billion across a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts as of September 30, 2020.

MidOcean Media Relations Contacts
Nathaniel Garnick/Amanda Klein
Gasthalter & Co.
212-257-4170
midocean@gasthalter.com

MidOcean Investor Relations Contact
Allison Donohue
Investorrelations@midoceanpartners.com