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One Equity Partners’ AMECO acquires F&M MAFCO

AMECO, a leading provider of construction and maintenance Site Services planning and delivery and portfolio company of One Equity Partners, has acquired F&M MAFCO, an international supplier of tools and equipment rental, sales and service programmes.

Tim Fries, F&M MAFCO’s CEO, has been named chief growth officer of both organisations and president of F&M MAFCO. He will report directly to AMECO CEO Gary Bernardez and be responsible for developing and implementing a long-term growth strategy that fully leverages the synergies of both businesses to drive comprehensive solutions to clients. Fries will oversee all joint strategic planning, business development, marketing and client success initiatives while maintaining his role as president of F&M MAFCO.

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