Stewart's Shops Acquires Jolley Associates and S.B. Collins Businesses

December 16, 2024

Stewart's Shops Corp. has acquired the retail convenience-store operations of Jolley Associates LLC and the wholesale petroleum and residential heating oil businesses of S.B. Collins Inc., adding 45 convenience stores across Vermont, New Hampshire and New York. The deal expands Stewart's regional footprint and integrates fuel distribution and heating-oil operations previously owned by the Jolley family; Matrix Capital Markets advised the sellers.

Buyers
Stewart's Shops Corp.
Targets
Jolley Associates LLC, S.B. Collins Inc.
Sellers
Jolley Associates LLC, S.B. Collins Inc.
Industry
Retail
Location
Vermont, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.