BEVERLY, Mass. -- Brookwood Financial Partners LLC, a leading real-estate investment and asset management company, recently formed BW Gas & Convenience LLC to acquire and operate a diversified portfolio of gas stations and convenience stores in select regions of the United States.
Brookwood said it believes that the portfolio it develops will benefit from professional, institutional management and a broad consolidation of resources.
And Brookwood has announced that Brian Trout has joined the firm as a senior vice president of operations for BW Gas & Convenience LLC. Trout will direct the operational strategy for the company and be responsible for forming and leading regional management teams, and establishing and implementing a consistent merchandising plan for the portfolio. He will also oversee the acquisition and due diligence process as Brookwood builds its national presence.
“Brian comes to us with over 20 years of retail oil and gas and convenience store management experience and is an accomplished industry leader. He has a proven, demonstrable track record of increasing sales, implementing operational strategies and integrating new acquisitions. He will be invaluable as we launch and aggressively grow this new business,” said Thomas Nicholas Trkla, Brookwood’s chairman and CEO. “Having Brian at the helm will enable us to build our national portfolio while achieving economies of scale, building greater operational efficiencies and implementing value-added capital improvements. We are thrilled to have someone with Brian’s experience and enthusiasm join our team.”
Prior to joining Brookwood, Trout was the vice president of operations for The Pantry Inc., where he was responsible for retail operations and merchandising activities for a 10-state division. Prior to The Pantry Inc., Trout was a Zone Leader in the Midwest for 7-Eleven Inc., where he managed and had profit and loss authority for the Great Lakes region, comprised of 680 stores in seven states, with annual sales of $1.2 billion. Prior to being promoted to vice president of operations, Trout held the title of senior director of sales and marketing for the Great Lakes region where he was in charge of all sales and marketing and led a grass-roots marketing campaign designed to enhance 7-Eleven’s political and community relationships.
Prior to 7-Eleven, Trout was a sales and operations manager of U.S. fuels for BP Inc. where he led the sales, operations, brand and customer management for the branded franchise dealer business that generated $1 billion in annual revenue.
Brookwood Financial Partners is a Beverly, Mass.-based private investment firm that specializes in acquiring and managing commercial real estate, corporate securities and private companies for its own account and on behalf of a group of institutional and high-net-worth investors, family offices and trusts. Since its inception, Brookwood has invested more than $740 million of equity to acquire a portfolio of 149 assets with a realized and unrealized value in excess of $1.9 billion that has spanned multiple asset classes, geographical markets and industries across the United States.
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.