CR Fuels Acquires Portabull Fuel Services from Jones Capital

July 9, 2024

Jones Capital has sold Portabull Fuel Services, LLC, a Purvis, Mississippi-based mobile fuel management and equipment rental company operating across 22 states, to CR Fuels, a wholesale fuels provider based in Hattiesburg, Mississippi. The sale transfers Portabull's fleet, fuel-management technology, and customer relationships (heavy construction, pipeline and renewable projects) to CR Fuels; Butler Snow served as legal counsel to the sellers.

Buyers
CR Fuels
Targets
Portabull Fuel Services, LLC
Sellers
Jones Capital
Industry
Energy
Location
Mississippi, United States
Transaction Type
Buyout

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