National Convenience Distributors Acquires Colonial Wholesale Distributing, Inc.

National Convenience Distributors Acquires Century Distributors

December 22, 2021

Logistics & Distribution

National Convenience Distributors, LLC (NCD) has acquired Century Distributors Inc., a Rockville, Maryland-based full-line wholesale distributor to convenience and grocery stores. Century will join NCD as a newly created division to expand NCD's Mid-Atlantic footprint and realize operational and go-to-market synergies; financial terms were not disclosed.

National Convenience Distributors Acquires Wustefeld Candy

January 20, 2021

Logistics & Distribution

National Convenience Distributors (NCD), a Palm Beach Capital-backed full-line convenience distributor, has acquired Wustefeld Candy, an Albany, New York-based wholesale distributor to convenience and grocery stores. The acquisition adds Wustefeld to NCD's existing divisions to expand product breadth and regional distribution capabilities; financial terms were not disclosed.

Palm Beach Capital Invests in Allen Brothers, Forms National Convenience Distributors

March 30, 2020

Logistics & Distribution

Palm Beach Capital Fund III made an investment in Allen Brothers Wholesale Distributors and created National Convenience Distributors (NCD), combining Allen Brothers with J. Polep Distribution Services and Harold Levinson Associates as operating divisions. The new NCD organization reports combined annual revenues of $3 billion and becomes one of the largest full-line convenience store distributors in the U.S., expanding geographic reach and centralizing operations.

National Association of Wholesaler-Distributors Acquires Modern Distribution Management

January 24, 2024

Professional Services

The National Association of Wholesaler-Distributors (NAW) has acquired Modern Distribution Management (MDM), a specialist research, publishing and events provider for the wholesale distribution industry. The purchase integrates MDM's data, analytics, editorial and event capabilities into NAW to deepen member resources and industry thought leadership.

Brookfield Acquires Colonial Enterprises (Colonial Pipeline)

July 31, 2025

Energy

Brookfield Infrastructure Partners, through its subsidiary Colossus AcquireCo LLC and institutional partners, completed the purchase of Colonial Enterprises Inc. from a consortium of owners for an enterprise value of about $9 billion. The deal gives Brookfield sole ownership of the Colonial Pipeline system — the largest refined-products pipeline in the U.S. — and was completed with sellers including Shell Midstream Operating LLC, Koch Capital, KKR-Keats, La Caisse and IFM Investors.

Brown & Brown (via Hull & Company) Acquires The Colonial Group and Colonial Premium Finance Company

March 12, 2020

Insurance

Hull & Company, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all assets of The Colonial Group, Inc. and all issued and outstanding shares of its affiliate Colonial Premium Finance Company. The Colonial Group — a Greensboro, North Carolina-based managing general agency specializing in housing, recreational and specialty property & casualty insurance and premium financing — will continue operating as a stand-alone office within Brown & Brown's Wholesale Brokerage Segment.