LV Petroleum Acquires Two TA-Branded Travel Centers in Missouri

LV Petroleum Acquires a Travel Center in Seminole, Oklahoma

September 3, 2026

Transportation

LV Petroleum LLC acquired a travel center in Seminole, Oklahoma on July 23, expanding its travel center network. The company also continued its restaurant expansion during the month, including new Bojangles, Sbarro, and additional locations in Nevada and Ohio.

BP Products North America Acquires TravelCenters of America

April 11, 2023

Transportation

BP Products North America Inc. will acquire TravelCenters of America Inc. for $86.00 per share in cash, valuing the deal at approximately $1.3 billion. The Hart-Scott-Rodino waiting period expired April 10, 2023, and shareholder approval was set for May 10, 2023 with closing expected shortly thereafter (target May 15, 2023).

TravelCenters of America Acquires Two Virginia Travel Centers for $45M

April 4, 2022

Transportation

TravelCenters of America Inc. (TA) completed the acquisition of two Interstate 81 travel center locations — Petro Raphine and TA Lexington — for $45 million. The sites, franchised since 2011, are expected to generate approximately $9.0 million of site-level EBITDA in 2023, and Petro Raphine is undergoing renovations to expand retail space and add 170 truck parking spaces (bringing it to nearly 900 spaces).

Majors Management Acquires Tri-State Petroleum Corporation Assets

December 17, 2021

Retail

Majors Management, LLC acquired the assets of Tri-State Petroleum Corporation, including 25 company-operated convenience stores and eight wholesale dealer accounts in the tri-state region of western Pennsylvania, northern West Virginia and eastern Ohio. The acquisition expands Majors' geographic footprint into Pennsylvania and West Virginia while bolstering its presence in Ohio.

Offen Petroleum Acquires Ozark Mountain Energy and Petroleum Express

December 15, 2020

Logistics & Distribution

Offen Petroleum has closed on the acquisition of the business assets of Ozark Mountain Energy and its affiliate trucking company Petroleum Express, both based in Mt. Vernon, Missouri. Offen — a portfolio company of Court Square Capital Partners — will operate the acquired businesses under the Ozark Mountain Energy name in the Mid-continent and Midwestern states, with Brent, Eric and Kyle Wilmoth joining Offen’s leadership; Brent also purchased a significant equity stake in Offen.

TravelCenters of America Acquires Johnson's Corner Truck Stop

September 26, 2014

Transportation

TravelCenters of America LLC acquired the landmark Johnson's Corner truck stop and restaurant in Johnstown, Colorado, adding the location to its Petro Stopping Centers network. The acquisition expands TA/Petro's travel center footprint and preserves the site's restaurant and bakery while integrating the location into TA's professional-driver amenities and services.