BOSTON, Dec. 9, 2025/ PRNewswire/– Fort Point Capital, LLC (” Fort Point”), a Boston– based personal equity company that purchases service-oriented organizations in the lower middle market, revealed today that it has actually effectively finished the sale of its financial investment in Jones Lake Management (” JLM” or the “Business”) to funds handled by Leonard Green & & Partners, L.P. (” LGP”) a leading personal equity financial investment company established in 1989 and based in Los Angeles with over $ 75 billion of properties under management.
In collaboration with Fort Point, Jones Lake Management has actually grown from 4 states to 26 states and has actually turned into one of the biggest suppliers of pond and lake management services in the United States.
Established in 1989 in Cincinnati, Ohio, Jones Lake Management (” JLM”) is a science-based company of pond and lake management services, fish equipping, pond aeration, water fountain sales and services, and environmental enhancement services. JLM’s field personnel of expertly licensed biologists establish and execute tailored marine resource management programs to keep the health and balance of intricate marine communities. The Business services domestic house owners, multi-family neighborhoods, business homes, golf courses, public waterbodies, tanks, and local consumers.
After leading business for over thirty years, Rob Jones was looking for to shift out of the everyday management of business and was trying to find a knowledgeable partner who might assist Jones get in a brand-new stage of development while preserving its strong group culture and service state of mind. Given that its financial investment in 2022, Fort Point has actually worked carefully with management to execute a sustainable development method and offered the needed resources and tools to accomplish its brand-new stage of development. In collaboration with Fort Point, Jones Lake Management has actually grown from 4 states to 26 states and has actually turned into one of the biggest suppliers of pond and lake management services in the United States. While doing so, JLM’s strong credibility has actually resonated with magnate and operators throughout the market, and the Business has actually ended up being a partner of option for similar provider who share a relentless dedication to consumers and staff members.
Rob Jones, creator of Jones, stated, “From the first day, JLM has actually been directed by a people-centric culture and a dedication to doing the ideal thing for our consumers and staff members. In Fort Point, we discovered a partner who not just appreciates that tradition however assisted us construct on it for many years to come.”
” Fort Point Capital has actually been an impressive partner for JLM. They invested behind our group, oriented our sales & & marketing efforts, assisted broaden our service suite, and offered a consistent tactical hand, making it possible for sped up development and scalability of business. They likewise offered outstanding M&An assistance, allowing us to finish 15 tactical acquisitions over the previous 3 years, while growing business naturally. I am glad for their collaboration, and am thrilled for our next chapter,” stated Tom Barry, CEO of JLM.
” It has actually been a real satisfaction dealing with this fantastic group, and we are extremely happy with Tom Barry, Amanda Seibert, Adam Hater, and the rest of the JLM group for developing an outstanding service, carrying out versus an enthusiastic development strategy, and constructing a special business with an intense future. We anticipate continuing as a minority financier throughout JLM’s next chapter,” stated Fort Point Partner, Paul Lipson
Harris Williams acted as special monetary consultant to JLM, while Kirkland & & Ellis LLP offered legal counsel to the Business.
About Jones Lake Management
Headquartered in Cincinnati, Ohio, Jones Lake Management offers expert pond and lake management services throughout 26 states through 25 workplaces. Solutions consist of repeating lake treatments, fish equipping, aeration systems, marine weed control, dredging, and more. Find out more at joneslakemanagement.com.
About Fort Point Capital
Fort Point Capital brings a management-led, growth-oriented method to personal equity investing, targeting fragmented sectors of business services market. Established in Boston in 2011, Fort Point partners with creators and management groups to speed up development by supplying resources to broaden groups and facilities, enhance service offerings, gain access to brand-new markets, and assistance follow-on acquisitions. Fort Point satisfies its dedication to management, staff members and investors by utilizing a repeatable procedure to drive resilient worth, showcased in over 50 acquisitions because its creation. Fort Point is presently investing from FPC Small Cap Fund III. To read more, please visit fortpointcapital.com.
The above quotes are offered by Rob Jones and Tom Barry, Creator and CEO of JLM, respectively. Mr. Jones and Mr. Barry are not financiers in any Fort Point fund and were not spent for the quotes consisted of above. Nevertheless, due to their positions at JLM, they might be inclined to have a beneficial view of Fort Point Capital.
SOURCE Fort Point Capital