MidOcean-backed Jones & Frank, a provider of fueling system solutions in North America, completed the acquisition of M.L. Leonard, a full-service provider of petroleum equipment distribution, maintenance and installation services. Financial terms were not disclosed. “The acquisition of M.L. Leonard is consistent with our strategy of building the petroleum equipment industry’s leading solution provider in Jones & Frank. Jones & Frank is a world-class company, and its hallmark is providing best-in-class service and high-quality solutions across its customer base. We look forward to continuing to grow Jones & Frank’s footprint across North America both organically and through acquisition,” Barrett Gilmer, MidOcean Partners Managing Director.