ORIX Mezzanine & Private Equity is pleased to announce a subordinated debt investment supporting the recapitalization of Jones Industrial Holdings Inc. (“Jones”). The transaction positions the company for future growth and allows Jones to capitalize on opportunities to expand its value-added service offerings and geographic reach.
Jones is a leading provider of fixed and rotating machinery services to the refining, petrochemical, power generation, midstream and offshore industries.
Founded in 1986 and based in Deer Park, Texas, Jones provides expert repair and service of turbines, pumps and compressors, and premier field machining services, delivering exceptional value through superior results. Jones performs services through subsidiaries branded as Universal Plant Services.