Jones & Frank, an industrial equipment supplier, announced on Friday that it has acquired Petroleum Solutions, Inc.

The terms of the transaction have not been disclosed. PSI CEO Tom Barron intends to retire but will help oversee the transition.

PSI, headquartered in Edinburg, Texas, provides petroleum equipment distribution, maintenance, and installation services.

Jones & Frank says the addition of PSI will improve the company’s ability to better serve its clients in Texas and other areas in the Southwest.

“PSI is perfectly positioned to connect our leading footprint in the Southeastern U.S. with our Phoenix, Arizona distribution center, which will create exciting professional opportunities for all members of the combined Jones & Frank and PSI team as we pursue organic growth throughout the Southwestern US and Gulf Coast markets,” said Keith Shadrick, CEO of Jones & Frank.