SMO (The Wills Group) Acquires Six MAPCO Fuel & Convenience Locations

Majors Management (MAPCO) Acquires 35 Circle K Retail Fuel and Convenience Store Locations

July 1, 2025

Retail

Majors Management, operating under its MAPCO brand, has completed the acquisition of 35 retail fuel and convenience store locations across Indiana, Ohio, and Pennsylvania from Alimentation Couche-Tard Inc. (Circle K). The divestiture — required by an FTC consent order — will see the sites rebranded as MAPCO, preserve jobs where possible, and bring MAPCO's MYReward$ loyalty program and local investments to new markets.

Majors Management Acquires Tri-State Petroleum Corporation Assets

December 17, 2021

Retail

Majors Management, LLC acquired the assets of Tri-State Petroleum Corporation, including 25 company-operated convenience stores and eight wholesale dealer accounts in the tri-state region of western Pennsylvania, northern West Virginia and eastern Ohio. The acquisition expands Majors' geographic footprint into Pennsylvania and West Virginia while bolstering its presence in Ohio.

Global Partners LP Acquires Tidewater Convenience, Inc.

September 21, 2022

Retail

Global Partners LP acquired Tidewater Convenience, Inc.'s 15 convenience-store locations (14 company-operated) in Southeast Virginia, expanding the Partnership's retail footprint in the mid-Atlantic. Matrix Capital Markets Group served as exclusive financial advisor to the seller.

Global Partners Acquires Miller's Neighborhood Market

February 2, 2022

Retail

Global Partners LP has purchased Miller's Neighborhood Market, acquiring 23 convenience stores (21 company-operated) and fuel supply agreements covering 34 locations primarily in Virginia. The acquisition expands Global's retail footprint in the mid-Atlantic region and strengthens its integrated fuel and convenience-store operations; the purchase price was not disclosed.

Wacona Capital Acquires Mid-Atlantic Power Specialists

October 7, 2024

Electrical Services

Wacona Capital has acquired Mid-Atlantic Power Specialists, Inc. (MAPS), a specialty electrical services provider focused on data center customers in the greater Washington, D.C. / Northern Virginia market. Brightwood Capital partnered with Wacona to provide financing and will have a board representative to support MAPS' next phase of growth; Quantive Advisors served as exclusive financial advisor to MAPS.

SPATCO Energy Solutions Acquires Petro Supply

February 9, 2023

Energy

SPATCO Energy Solutions, a Kian Capital-backed platform, has acquired Petro Supply, a family-owned distributor of petroleum equipment based in the Mid-Atlantic, expanding SPATCO's footprint into Maryland, the District of Columbia, Pennsylvania, Delaware and New Jersey. The add-on strengthens SPATCO's distribution and full-service capabilities for fueling stations, convenience stores and petroleum handling facilities as the platform continues roll-up activity backed by Kian and co-investors.