PE-backed W.W. Williams completes DFS acquisition

W.W. Williams, a portfolio company of One Equity Partners, has closed its buy of Phoenix, Arizona-based Desert Fleet-Serv Inc, a mobile provider of onsite maintenance and repair services for diesel trucks and trailers. No financial terms were disclosed.


NEW YORK – JANUARY 04, 2017 – One Equity Partners, a middle market private equity firm, today announced that its portfolio company, The W.W. Williams Company, LLC (“W.W. Williams”) has completed the acquisition of Desert Fleet-Serv Inc. (“DFS”), a mobile provider of onsite maintenance and repair services for diesel trucks and trailers. Terms of the private transaction were not disclosed.

Headquartered in Phoenix, DFS’s ASE-certified technicians provide a comprehensive range of commercial vehicle maintenance and repair services, including diesel engine diagnostic, lubrication and other related services. Founded in 1995, the company has more than 200 customers in the metropolitan Phoenix area.

“DFS has been a driving force in the onsite fleet maintenance and mechanical repair service of large trucks and trailers in the Phoenix metropolitan area for 21 years,” said Jamie Koven, Senior Managing Director at One Equity Partners. “This tuck-in acquisition helps W.W. Williams further expand its services in a key geographic market, positioning the company for further national growth.”

In August 2016, One Equity Partners acquired a majority equity interest in W.W. Williams, a provider of mechanical repair services and products for commercial trucks, diesel power generators, warehousing and other services.

“We’re thrilled about DFS joining our Company as we look to strengthen the range of our large-vehicle fleet maintenance and repair services,” said Alan Gatlin, Chief Executive of W.W. Williams. “The addition of this great team will ensure we continue to provide our customers with best-in-class service.”

About One Equity Partners
One Equity Partners is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. One Equity is a trusted partner with a differentiated investment process, a broad and senior team, and an extensive track record generating long-term value for its partners. Since 2001, the firm has invested in more than 140 transactions worldwide. One Equity, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York and Chicago, and an advisory office in Frankfurt. For more information, please visit

About W.W. Williams
Founded in Columbus, Ohio, in 1912, W.W. Williams is one of the nation’s largest sales and service networks of industrial power products. It offers service and repair, OEM product sales, and supply chain management solutions. Its products and service offerings include diesel engines, transmissions, bumper-to-bumper truck repair, transport refrigeration, power generation systems, and supply chain logistics services. The company serves on-highway truck fleets, off-highway equipment users, Department of Defense, vehicle and equipment OEMs, commercial facility owners, and marine equipment owners. For more information, please visit: