Kenneth Shriber
CEO, Petroleum Equity Group...
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Kenneth Shriber
Page 1C-Stores as Land of Opportunity
A Pakistani immigrant’s rise to successful retailer, distributor
Industry View: And the Beat Goes On
The convenience-store industry’s appetite for consolidation is unprecedented, with much of the activity fueled by the tax-advantaged master limited partnership (MLP) structure. And this flood of activity follows five years of dynamic consolidation.
We love working with smaller fuel-distribution companies. They have unique personal dynamics. They bring many years of experience and knowledge to the table. For decades they have operated in their own sphere of influence, quietly and relatively immune to downward economic cycles. Yet once the owners of these companies decide to pursue a sale, something emotional (and perhaps physiological) happens.