Rosewood Private Investments Acquires AMPET and PECO to Form StationServ

January 18, 2022

Rosewood Private Investments acquired American Petroleum Sales and Service (AMPET) and Petroleum Equipment Company, Inc. (PECO) and combined them under a new holding company, StationServ. The deal brings together geographically contiguous fuel equipment distribution and service territories in Mississippi, Arkansas and Tennessee to expand service capabilities and create a platform for further add-on acquisitions; both sellers will remain involved during a transition period.

Targets
American Petroleum Sales and Service (AMPET), Petroleum Equipment Company, Inc. (PECO)
Sellers
Gary Murphy, Forrest Rhemann
Platforms
StationServ
Location
Mississippi, United States
Transaction Type
Buyout

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