Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

How will market turmoil affect acquisition multiples and activity in the coming year?

SCOTTSDALE, Ariz. -- The year 2015 represented another extremely active year in terms of merger-and-acquisition activity in the convenience-store industry. Although it seemed inconceivable at the beginning of the year that the pace of acquisitions that occurred in 2014 could be sustained, the...

Deal with Fuel USA expands portfolio in Southeast

RICHMOND, Va. -- Seeking as part of its strategic positioning from its inception to be acquired by a larger entity, Durham, N.C.-based Fuel USA LLC has achieved that goal. As reported in a McLane Co./ CSP Daily News Flash , GPM Investments LLC has signed an agreement with Fuel USA to acquire its 42...

Distributor, terminal operator charts expansion course

BOSTON – Gulf Oil LP has always packed tremendous growth potential. As a part of Cumberland Farms Inc. (CFI) for the past decade, it shared resources with the company’s 560-store retail business, which was writing a growth story of its own, expanding into Florida and fortifying its convenience-...

Back under Petrowski’s guidance, brand gets opportunity to explore its potential
More stores not only growth planned for travel stop chain
Acquiring 31 c-stores from SSG, will become Holiday Stationstores franchisee
Grocery, convenience -store asset trade will sharpen market focus for both companies
TA acquires four convenience stores in Kansas, Missouri
Acquires properties with convenience stores already in its network
Circle K Stores Inc., a division of Canada-based Alimentation Couche-Tard, purchased 62 convenience stores in nine states from Greatstone Equities Inc.