The Kent Companies Acquires B&B Petroleum (15 Chevron Convenience Stores)

The Kent Cos. Acquires Jack's Convenience Stores

May 17, 2024

Retail

The Kent Cos., a family-owned Midland, Texas convenience-store operator, has acquired eight Jack's Convenience Stores in West Texas (Midland, San Angelo and Abilene). The acquired locations will be rebranded to Kent Kwik, updated to sell Chevron- or Texaco-branded fuels and integrated into Kent's network to strengthen its West Texas presence.

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.

Alimentation Couche‑Tard (Circle K) Acquires Big Red Stores' 45 Arkansas Sites

February 27, 2023

Retail

Alimentation Couche‑Tard Inc. (Circle K) entered into a definitive agreement to acquire 45 fuel and convenience retail sites from Arkansas‑based Big Red Stores, a chain founded in 1997 by Doug and David Hendrix. The deal (expected to close in H1 2023, subject to approvals) significantly expands Couche‑Tard’s Arkansas footprint and will be financed with available cash and/or existing credit facilities.

MacEwen Petroleum Acquires Quickie Convenience Stores

November 1, 2021

Retail

MacEwen Petroleum Inc. acquired the business assets of Quickie Convenience Stores Corporation, adding 51 convenience stores (including 22 gas stations) in Eastern Ontario and Gatineau, Quebec to its network. The Quickie chain was sold by long-time co-owners Arnold Kimmel and Larry Hartman; MacEwen said it will invest in modernizing the stores and expanding the Quickie brand across its footprint.

BKV Corporation Acquires Additional Interest in BKV-BPP Power Joint Venture

January 30, 2026

Energy

BKV Corporation acquired one-half of Banpu Power US Corporation’s (BPPUS) interest in BKV-BPP Power, LLC for approximately $115.1 million in cash and 5,315,390 newly issued BKV common shares, increasing BKV’s ownership in the power joint venture to 75% from 50%. The transaction gives BKV majority control of the JV (which owns the Temple I and II combined-cycle gas power plants in Temple, Texas) to consolidate results and accelerate expansion of its power operations in the ERCOT market.

United Refining Co. Acquires Pump N' Pantry Inc.

July 16, 2024

Retail

United Refining Co. of Pennsylvania has acquired the convenience retail assets of Pump N' Pantry Inc., a 14-store regional convenience-store chain based in Montrose, Pennsylvania. United Refining will rebrand the stores into its Kwik Fill and Red Apple banners and integrate the locations into its existing retail network across Pennsylvania, New York and Ohio.