© 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
Tips on How to Protect Your Business from Coronavirus Scams
Strategy
06/05/2020Tips on How to Protect Your Business from Coronavirus Scams

Taking advantage of any situation that presents itself, cybercriminals all over the world have been finding ways to capitaliseon the current coronavirus pandemic. In recent weeks there have been numerous phishing scams related to the virus, from emails and mes

Read Full PostRead - Eye Icon
Advancements in Machine Learning for Short-Term Weather Prediction Models
News
15/01/2024Advancements in Machine Learning for Short-Term Weather Prediction Models

The impact of machine learning on industries cannot be overlooked, and weather forecasting is no exception. In recent times, significant progress has been made in using machine learning algorithms to enhance short-term weather forecast models. These advancemen

Read Full PostRead - Eye Icon
How Can Cloud-Based Systems Enhance Business Scalability?
News
28/05/2024How Can Cloud-Based Systems Enhance Business Scalability?

Scaling a business is not just about bigger; it’s about smarter. Cloud-based systems stand as the modern levers that businesses pull for this smarter growth. They represent more than just technology – they are a shift in how we think about resource

Read Full PostRead - Eye Icon
Business Process Automation in a Nutshell
Innovation
21/10/2022Business Process Automation in a Nutshell

No matter what your organization does, one thing is for sure: it executes hundreds of processes daily. For example, if you work in Finance, there are specific processes related to your market. Moreover, each department inside your organization runs different p

Read Full PostRead - Eye Icon
Digital Infrastructure Strategy: Comparing On-Premises with Cloud and Colocation
News
17/06/2024Digital Infrastructure Strategy: Comparing On-Premises with Cloud and Colocation

When it comes to digital infrastructure, deciding between utilising either ‘on-premises’ or cloud remains to be a divide amongst all business decision makers and both sides have their benefits, depending on which way you look at it.

Read Full PostRead - Eye Icon
Financial Steps to Building a House
News
13/08/2021Financial Steps to Building a House

Building a home lets you personalize every aspect of where you live. You might also skip the renovations and repairs needed after purchasing an existing property, but the financial aspects of the planning and construction are less straightforward than buying a

Read Full PostRead - Eye Icon
Is Call Tracking Your Marketing Saviour?
Innovation
09/01/2023Is Call Tracking Your Marketing Saviour?

If you’re looking to revitalise your company’s marketing and boost your business success, there’s one tool that’s perfect for the job — call tracking software.

Read Full PostRead - Eye Icon
Why Should Businesses Switch To Solar Energy
Innovation
06/04/2023Why Should Businesses Switch To Solar Energy

Electricity is a critical resource for companies to power their machines and equipment. However, with the rising cost of electricity, many businesses are seeking ways to reduce their energy expenses.

Read Full PostRead - Eye Icon
Small Businesses Are Less Optimistic but May Still Need Additional Credit
Finance
20/08/2015Small Businesses Are Less Optimistic but May Still Need Additional Credit

During the third quarter of 2015, small businesses and middle market companies appear to be less optimistic as the year comes to a close and many are in the midst of budget planning.



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