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Mergers & Acquisitions

Yesway Continues Expansion in Kansas and Texas

Retailer adds more locations in two separate deals

WEST DES MOINES, Iowa -- In two separate transactions, Yesway has acquired KAPS LLC (KAPS), a five-store chain in Kansas, and the New Deal Travel Center of Texas located in New Deal, Texas.

The KAPS convenience stores are located in Lyons, McPherson (2), Lindsborg and Cheney, Kan. KAPS is based in Lyons.

These six new Yesway locations will complement the retailer's growing footprint in Kansas and its 35-store presence in West Texas, respectively.

With an existing portfolio of more than 70 locations, Yesway has an acquisition pipeline and said it plans to acquire, improve and rebrand more than 500 convenience stores as Yesway in select U.S. regions over the next several years.

"With Yesway, our newest customers in Kansas and West Texas will enjoy great customer service and a store that reflects our brand pledge to be inviting, efficient and friendly," said Thomas Nicholas Trkla, Yesway's chairman and CEO. "As we continue to expand the Yesway brand, we look forward to becoming an essential member of the communities we serve, and to delivering ‘first-name-basis’ customer service to everyone who visits our stores. That is the promise we make to all of our customers."

BW Gas & Convenience, doing business as Yesway, is based in West Des Moines, Iowa.

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