Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry
HIE Retail

Company set up to own, operate former Tesoro Hawaii sites; enters into credit agreement

HOUSTON -- Par Petroleum Corp. has created a new subsidiary that will own and operate the 31 Tesoro-branded gas stations that in acquired in September as part of its purchase of Tesoro Corp.'s Hawaii operations. The new company, HIE Retail LLC, has acquired the retail assets, including the stations...

Welcome to New Mexico

Acquires 23 stores from Albuquerque Convenience & Retail, 13 from Publix

LAVAL, Quebec -- Fueling the retailer's insatiable U.S. growth plans, Alimentation Couche-Tard Inc. has signed, through its wholly owned indirect subsidiary, Circle K Stores Inc., an agreement with Albuquerque Convenience & Retail LLC, a wholly owned subsidiary of Phillips 66 Co., to acquire 23...

TravelCenters of America Minit Mart

TravelCenters of America buying 31 Minit Mart stores in Kentucky, Tennessee

WESTLAKE, Ohio -- Picking up a group of convenience stores with high-volume fuel pumps that it says are in great physical and financial shape and more closely resemble travel centers than c-stores, TravelCenters of America LLC has agreed to acquire 31 Minit Mart locations for $67 million from Fred'...

67-unit transaction expands retail, wholesale fuel distribution reach in south central Texas
M&A CSP Outlook Leadership 2013 Kevin Shea (left), Brock Rule, Michael Phelps, Richard Claes, Don Bassell.
Outlook conference session on distressed purchasing leads to talk of increasing multiples
Western Refining Northern Tier SuperAmerica
Takes ownership stake in Northern Tier Energy, SuperAmerica
Raymond James
Investment banking practice receives four awards
Chris Santy (left), Rodney Whitley, Michael Press, Richard Amador
Financing pros weigh in on changes to lending, real-estate environment
Lehigh Gas Partners
"Pleased with success" of Rogers, Rocky Top transactions, Topper telegraphs more to come.
Marathon MPC Speedway Hess
MPC CEO says East Coast chain's retail network would be "excellent fit" for Speedway.