Fort Point Capital Invests in Jones Fish

Fort Point Capital Invests in Jones Fish

Fort Point Capital, a Boston-based lower middle market private equity firm focused on business services companies, announced today that it has invested in a new platform, Jones Fish Hatcheries & Distributors (“Jones Fish,” or the “Company”), in partnership with the Company’s management team. Headquartered in Cincinnati, Ohio, with scaled operations across seven markets, Jones Fish is an industry leading provider of professional pond and lake management services. The Company offers a range of services including annual, recurring pond and lake treatment services, fish stocking, aeration systems and services, algae and aquatic weed management, and other related services.

“We have been extremely impressed by Jones Fish’s strong history of growth and commitment to high quality customer service,” said Paul Lipson, Partner at Fort Point Capital. “Our investment in Jones Fish epitomizes Fort Point Capital’s strategy of investing in and acquiring niche market leaders with a highly skilled and differentiated labor force. We look forward to supporting Jones Fish’s growth initiatives, including investing in the Company’s organic growth, continuing its regional expansion and pursuing accretive add-on acquisitions.”

“A commitment to our customers and employees has enabled the Company to drive impressive growth over the past several years. We look forward to our partnership with Fort Point as we look to further expand our customer base, broaden our geographic footprint and invest in our organization and people,” said Rob Jones, Founder and President of Jones Fish.

“We are excited to partner with Rob Jones and the rest of the Jones Fish team to support continued growth at the Company,” said Mike Brofft, a Vice President at Fort Point Capital. “They have built a market-leading platform in an intriguing niche and have substantial growth opportunities ahead.”

Jones Fish is Fort Point’s thirteenth platform investment and fifth investment in FPC Small Cap Fund II. Over the past 12 months, Fort Point has closed nine transactions, including the exit of one of its portfolio companies, three new platform investments and five add-on acquisitions in support of its portfolio.

Barings provided debt financing for the transaction. Kirkland & Ellis, RSM, and Andra Partners advised Fort Point Capital.

About Fort Point Capital

Based in Boston, Massachusetts, Fort Point Capital is a private equity firm that invests in lower middle market, business services companies in partnership with strong management teams. Fort Point Capital is currently investing from FPC Small Cap Fund II.  To learn more, please visit