JF Petroleum Acquires Dykstra Construction

Source: www.gulfoilandgas.com 2/7/2022, Location: North America

The JF Petroleum Group, a MidOcean Partners portfolio company and the premier provider of fueling system solutions in North America, announced that it has acquired Dykstra Construction. Headquartered in Plant City, Florida, Dykstra Construction is a commercially certified, multi-industry contractor specializing in commercial and convenience store construction and petroleum equipment installation and repair. The acquisition of Dykstra Construction will strengthen The JF Petroleum Group’s Southeast Region’s market leadership position in the petroleum equipment industry and enhance its ability to serve customers by adding additional turnkey services to its retail and commercial construction offerings.

Keith Shadrick, CEO of The JF Petroleum Group, stated, “Given the growing demand for construction services throughout our Southeast and Gulf Coast Regions, this acquisition will significantly enhance our ability to provide best in class turnkey construction solutions to our customers. We will also enhance the offerings and capabilities that Dykstra Construction has today through organic growth and additional bolt-on acquisitions, delivering a greater value proposition to their existing client base. Dykstra Construction is widely recognized in the state of Florida for its exceptional quality, expertise in fuel system design and installation, general contracting and their additional wide range of service offerings that are in high demand. We are proud to welcome Darry Dykstra and the employees of Dykstra Construction to The JF Petroleum Group family!”

“I look forward to continued growth in our industry, as well as the opportunity to work with The JF Petroleum Group to branch out into new sectors offering clients a truly turnkey experience. This is a great environment for employees of Dykstra Construction to thrive.” said Darry Dykstra, founder of Dykstra Construction. “The JF Petroleum Group is a great fit for us moving forward given our trusting relationship and shared values.”

Barrett Gilmer, Managing Director at MidOcean Partners, stated, “The acquisition of Dykstra Construction is yet another demonstration of our commitment to building the North American petroleum equipment industry’s leading solution provider in The JF Petroleum Group. Additionally, this acquisition expands the robust service offering we offer today in one of the nation’s leading high growth market areas.”


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