Pilot Thomas Logistics Acquires Cactus Fuel from Hastings Equity Partners

LGT Transport Acquires Jason Thomas Trucking

May 17, 2022

Trucking & Fleet

LGT Transport, LLC (Omaha, NE) has acquired Jason Thomas Trucking (Hastings, NE) to expand into liquid fertilizer transportation and deepen its presence in the agricultural logistics market. As part of the deal, Jason Thomas Trucking drivers and operational employees joined LGT and LGT acquired 8 tractors and 11 trailers while operations will continue to run out of Hastings, Nebraska.

Pilot Freight Services Acquires Five Franchise Stations in Strategic Markets

July 1, 2020

Logistics & Distribution

Pilot Freight Services acquired five franchise stations located in Wisconsin, Texas and Mexico, integrating them into its corporate network effective July 1, 2020. The acquisitions — made by Pilot (which is backed by ATL Partners and BCI) — expand Pilot's operational control and cross-border capabilities, supporting growth in automotive, healthcare, home furnishings and industrial end markets.

Phillips 66 Acquires Pinnacle Midstream from Energy Spectrum Capital

May 20, 2024

Energy

Phillips 66 has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle Midstream II) from private equity firm Energy Spectrum Capital for $550 million to expand its natural gas gathering and processing footprint in the Midland Basin. The assets include the Dos Picos 220 MMcf/d processing plant, ~80 miles of gathering pipeline and 50,000 dedicated acres; the deal is expected to close mid‑2024 subject to customary conditions, including HSR clearance.

Offen Petroleum Acquires Dealer Contracts from Petroleum Management LLC and Logistics Assets from Pathfinder Transportation

November 3, 2021

Oil & Gas

Offen Petroleum, a Court Square Capital Partners-backed fuel distributor, completed two transactions acquiring a portfolio of branded motor fuel dealer contracts from Petroleum Management LLC (Platteville, Colorado) and certain logistics assets from Pathfinder Transportation LLC (Hiwasse, Arkansas). The deals expand Offen’s geographic density and product offerings—deepening its Colorado footprint and expanding propane logistics capacity in the Ozark region.

Pilot Freight Services Acquires Franchise Stations in Pacific Northwest and Oklahoma

September 27, 2021

Logistics & Distribution

Pilot Freight Services (PE-backed) acquired five franchise stations located in Idaho, Oregon, Washington and Oklahoma and will integrate the locations and their teams into Pilot's corporate organization. The move, supported by investors ATL Partners and BCI, expands Pilot's company-controlled footprint in strategic North American markets and reinforces its capabilities in freight forwarding and perishables logistics.

Global Partners LP Acquires 25 Liquid Energy Terminals from Motiva Enterprises

December 21, 2023

Oil & Gas

Global Partners LP completed the acquisition of 25 liquid energy terminals from Motiva Enterprises LLC for $305.8 million in cash, supported by a 25-year take-or-pay throughput agreement with Motiva. The purchase nearly doubles Global's U.S. terminal footprint, expanding access to marine loading facilities and major refined-product pipelines to strengthen its supply, storage and retail network.