© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Fox Three Partners, LLC Acquires Walashek Industrial & Marine, Inc.
Posted 26th February 2016

Fox Three Partners, LLC Acquires Walashek Industrial & Marine, Inc.

Fox Three Partners, LLC, a private investment company focused on the lower middle market, announced today the acquisition of Walashek Industrial & Marine, Inc. Fox Three partnered with WIM management, Frank and Paula Walashek, in the purchase.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Fox Three Partners, LLC Acquires Walashek Industrial & Marine, Inc.
Image

Fox Three Partners Acquires Walashek Industrial & Marine

Fox Three Partners, LLC, a private investment company focused on the lower middle market, announced today the acquisition of Walashek Industrial & Marine, Inc. Fox Three partnered with WIM management, Frank and Paula Walashek, in the purchase. Founded in 1986 by Frank Walashek, WIM provides a full range of mobile ship repair services including welding, piping, machinery and structural repair, marine propulsion repair and auxiliary boiler repair.

Taylor Grant, Founder & Managing Partner at Fox Three said:

“For 30 years, Walashek Industrial & Marine has been providing its customers with the highest quality service. We look forward to continuing this legacy and are proud to be associated with the outstanding team at WIM. WIM headquarters, currently in Seattle, WA, will be moved to Norfolk, VA where the Company currently manages one of its branches. WIM is a great example of the caliber of companies we have here in Hampton Roads.”

Frank Walashek, formerly the Norfolk branch manager and now CEO of WIM commented:

“It was important to find a partner who could understand our culture, strategy and potential. Fox Three showed they understand how smaller companies like WIM operate. We are looking forward to continuing to build our relationship with Fox Three and leveraging their capabilities to help WIM achieve its potential.”

Paula Walashek, now Vice President of WIM added:

“We are excited about the partnership with Fox Three, and are going to continue to refine the company as we focus on increased growth with our current and new customers. The traditions of first class service will remain central to WIM’s success in the marketplace.”

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
5 Tools That Will Help You Grow Your Business
News
05/10/20215 Tools That Will Help You Grow Your Business

You might have a lot of ideas that could make a great business venture if turned into reality. However, without the knowledge of the necessary business tools available in the market, it would be rather hard for you to turn your dream of starting a business int

Read Full PostRead - Eye Icon
Thornton’s Takeover: Ferrero Buys Majority
Finance
23/06/2015Thornton’s Takeover: Ferrero Buys Majority

Ferrero International have successfully completed a takeover bid for the UK-based confectionery store chain.

Read Full PostRead - Eye Icon
StudentUniverse Acquired By Flight Centre Travel Group
Finance
22/12/2015StudentUniverse Acquired By Flight Centre Travel Group

StudentUniverse to Scale Globally and Become the Worldwide Leader in the $180+ Billion Student Travel Industry

Read Full PostRead - Eye Icon
A Look at Careers with Elevated Risks of Cancer and Occupational Diseases
News
23/08/2024A Look at Careers with Elevated Risks of Cancer and Occupational Diseases

Certain careers pose significant health risks due to inherent job-related hazards. Safety risks such as repeated stress injuries and dangerous chemicals are frequently encountered by workers in these industries. This exposure has the potential to cause major h

Read Full PostRead - Eye Icon
How to Acquire a Unique Sanitary Ware Product Line Without Manufacturing In-House
Strategy
05/08/2026How to Acquire a Unique Sanitary Ware Product Line Without Manufacturing In-House

In markets increasingly saturated with products that look and perform much the same, introducing a distinctive product line can become an important growth strategy. It can help a business attract attention, defend its position and give customers a clearer reas

Read Full PostRead - Eye Icon
Classic Car Insurance: Reasons You Need to Protect Your Investment
Legal
04/05/2023Classic Car Insurance: Reasons You Need to Protect Your Investment

Classic cars are a mark of elegance and durability, making them a valuable addition to your collection of vehicles. Due to their unique features, they will often require special care to last them through the years, allowing you to eliminate wear and tear that

Read Full PostRead - Eye Icon
An Intellectual Property Masterclass by Barbie
News
13/09/2023An Intellectual Property Masterclass by Barbie

You’d be forgiven for thinking that you’ve been living in a Barbie world in recent months. The famous Barbie doll and the Hollywood stars in the new Barbie film have been dominating our lives with inescapable headlines, film promotion activities, brand col

Read Full PostRead - Eye Icon
7 Facts That Prove Entrepreneurship Is Thriving in UK Post Brexit – Survey
Innovation
17/11/20167 Facts That Prove Entrepreneurship Is Thriving in UK Post Brexit – Survey

Entrepreneurial spirit and optimism remains high in the UK according to new UK research released by Amway.

Read Full PostRead - Eye Icon
The Rise of Skills-Based Hiring Over Traditional Credentials
Leadership
30/03/2026The Rise of Skills-Based Hiring Over Traditional Credentials

There was a time, not too long ago, when a college degree was the ultimate golden ticket. It was the gatekeeper. If you didn’t have those specific letters behind your name or a parchment from a specific institution, your application usually ended up in t



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow