Offen Petroleum Acquires Petromark (Petromark, Inc. & Petromark Transportation, LLC)

May 18, 2021

Offen Petroleum, a Court Square Capital-backed fuel distributor, agreed to acquire the business assets of Petromark, Inc. and its affiliate Petromark Transportation, LLC, both headquartered in Harrison, Arkansas. The add-on expands Offen’s footprint in the Ozark region (Arkansas, Missouri, Oklahoma) and brings Petromark owners Stephen Lair and Steve Turner into transitional roles, with Steve Turner serving as an advisor.

Buyers
Offen Petroleum
Targets
Petromark, Inc., Petromark Transportation, LLC
Sellers
Petromark, Inc., Petromark Transportation, LLC, Stephen Lair, Steve Turner
Platforms
Offen Petroleum
Industry
Oil & Gas
Location
Arkansas, United States
Transaction Type
Addon

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