W.W. Williams Co., a distributor with corporate offices in Dublin, has completed its acquisition of CP Company, which does business as CT Power and Iceberg Enterprises. The transaction should strengthen W.W. Williams with additional independent truck maintenance locations and broaden its trailer parts and related product lines.
Headquartered in Commerce City, Colorado, CT Power is a regional dealer of transport refrigeration and temperature-control equipment, parts and services for Carrier Transicold, while Iceberg Enterprises sells trailers, and also provides trailer and parts rental, leasing services, cold storage, used equipment and other products. Founded in 1985, CP Company has facilities in Colorado, New Mexico, Nevada, Arizona and California.
The acquisition of CP Company will be W.W. Williams’ fourth acquisition since the New York middle market private equity firm, One Equity Partners, acquired it.
In February 2019, W.W. Williams acquired Cassique Warehouse & Packaging, a freight logistics business, that followed two years after its acquisition of Auto Safety House, one of the largest vehicle maintenance service and parts provider for trucks, pre-owned and new buses, and other vehicles in the Southwestern U.S. In January 2017, W.W. Williams acquired Desert Fleet-Serv, an onsite maintenance and repair services company serving diesel trucks and trailers.
“Our partnership with OEP has helped W.W. Williams to continue to identify strategically attractive acquisition opportunities that have allowed us to expand our geographic footprint into new markets and generate additional growth opportunities,” W.W. Williams CEO John Simmons said, in a statement.
W.W. Williams provides truck repair, diesel engines, and commercial vehicle service, as well as fleet management, parts, power generation, logistics and more.