GPM Investments LLC

With a history of building by merger and acquisition, Richmond, Virginia-based GPM Investments continued its growth strategy in 2023, closing a $370 million deal for Transit Energy Group, West Memphis, Arkansas and its affiliates, adding 135 c-stores to the company's operational footprint and expanding its southern retail territory into Alabama and Mississippi. The deal included 181 dealer locations as well.

Later in the year, GPM closed on its acquisition of WTG Fuels Holdings LLC, owner of 24 Uncle's Convenience Stores, 68 Gascard-branded cardlock sites and 43 private cardlock sites.

In 2022, the retailer acquired Pride Convenience Holdings LLC, which operated 31 convenience stores in Massachusetts and Connecticut, for $230 million.

A wholly owned subsidiary of Arko Corp., the company uses more than 25 regional store brands, including 1 Stop, Admiral, Apple Market, BreadBox, Express Stop, E-Z Mart, Fas Mart, Jetz, Jiffi Stop, Jiffy Stop Food Marts, Li’l Cricket, Next Door Store, Pride, Roadrunner Markets, Rstore, Scotchman, Shore Stop, TownStar, Village Pantry and Young’s.

For benchmarking purposes, store counts are as of Jan. 1, 2024.