BW Gas & Convenience Holdings LLC/Yesway, Allsup's

Yesway is among the chains that added the most stores in 2022. In September, Yesway acquired Tres Amigos Convenience Stores, a San Angelo, Texas-based chain with nine locations in Texas. The company also reached a milestone in 2022 of having 425 c-stores in nine states, opening 39 new-to-industry and relocated stores this past year.

Yesway applied to go public in September 2021, but in December 2022, the company filed a registration withdrawal request due to "current market conditions." It expects to refile for IPO when markets improve.Yesway skyrocketed its growth in 2019 when it acquired Clovis, N.M.-based Allsup's and its 304 stores in Texas, New Mexico and Oklahoma, catapulting the chain into the 2020 top 20 of CSP's list. In 2020, Yesway set to work integrating the Allsup's brand into its network. Yesway is owned by BW Gas & Convenience Holdings, which joined the convenience-store industry in late 2015 with ambitions of operating up to 1,000 stores.The retailer opened Allsup's Express, a concept store adjacent to the campus of Texas Tech University, in Lubbock, Texas, in 2022, and the company also announced openings of new Allsup's stores in Texas, Oklahoma and New Mexico.

The company is an affiliate of Beverly, Massachussetts-based Brookwood Financial Partners, a real-estate and private-equity investment and asset management company with more than $2.6 billion in holdings.

For benchmarking purposes, store counts are as of Jan. 1, 2023.