DENVER — 7E CO Holdings LLC has acquired Dino Stop Convenience Stores, a chain of six c-stores serving the Green Bay, Wis., area since 1971. 7E CO Holdings, Denver, is chain of 60 convenience stores with locations in Texas, Minnesota and Wisconsin.
Dino Stop has stores in Little Suamico, Abrams, Green Bay, Manitowoc, Ledgeview and New Franken, Wis.
“I owe much of the success of the stores to my wife, Angela, and our team members who helped though the years. Although the selling of the stores was a bittersweet experience, I knew it was the right decision for me and my family,” said Tony Wied, president of Dino Stop, who acquired Dino Stop in 1998.
Terry Monroe, owner of American Business Brokers & Advisors, Effingham, Ill., a mergers-and-acquisition firm, provided advisory services to 7E CO Holdings and Dino Stop, which included advisory on valuation and other transaction terms. Mike Demerath of Hager, Dewick & Demerath, Green Bay, managed the legal side of the transaction.
7E CO Holdings is owned by Denver-based investment management company Monfort Cos., which has been investing in and operating c-stores, including multiple 7-Eleven locations, since 2016. It holds properties with more than a dozen c-store and gas station locations across the Front Range in Colorado, Wyoming and Kansas, along with other holdings and investments in the dining, hospitality, commercial and residential sectors. The company has focused on rural markets, it said, but has started acquiring urban locations. It is “actively pursuing” expansion opportunities, the company has said.
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