PORTFOLIO COMPANY JULY 2019
WA Jones Truck Equipment is the largest, independent truck equipment dealer in the state of Indiana. It is also the oldest continuously operating business in Whitley Co, Indiana. Since 1999, the company has tripled in size, expanding to over 45 employees with multiple shops and warehouses on approximately 30 acres. Our investment goal is to continue to build this company in size while finding more efficient strategies to support new growth.
Since the acquisition, we have continued to build on the strong foundation established by the prior owners. With the improvement of processes and effectiveness of the company in mind, we immediately hired the Company’s first CFO, began the process of lean management training lead by an experienced team from Purdue University, and began a long-term initiative to optimize the organizational effectiveness of the company.