SAUKVILLE, Wis. -- Mad Max Convenience Stores has sold nine convenience stores and gas stations in southeastern Wisconsin to Yesway, CSP Daily News has learned.
These are Yesway’s first locations in Wisconsin. The West Des Moines, Iowa-based company also operates more than 70 stores in Iowa, Kansas and Texas.
Mad Max Convenience Stores CEO Janiece Maxwell told CSP Daily News that Yesway’s parent company, Beverly, Mass.-based Brookwood Financial Partners LLC, approached the company in January about a sale.
Maxwell's husband, Steve Magestro, opened his first gas station in 2000. They built their first Mad Max location in Sheboygan, Wis., in 2006. The company grew to 11 c-stores, and it purchased O'Connor Oil in December 2014, adding a fuel-hauling transport division and wholesale gas jobbership to the company.
The Saukville, Wis.-based company sold two of its 11 c-stores to other buyers, it said.
Watch for details in CSP Daily News.