Oil & Gas Acquisitions in Ohio
Showing 2 transactions.
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December 19, 2023
- Buyer
- The JF Petroleum Group
- Target
- Buckeye Oil Equipment, Reliable Construction Services
- Seller
- Ray Eiser, Mike Badgley
- Industry
- Oil & Gas
- Location
- Ohio, United States
- Type
- Buyout
The JF Petroleum Group has acquired Buckeye Oil Equipment and Reliable Construction Services, two Dayton, Ohio–based petroleum equipment distribution, installation, and construction businesses. The acquisition expands JF's capabilities and Midwestern footprint and was funded by JF's current shareholders; terms were not disclosed.
-
April 7, 2022
- Buyer
- Midwest Growth Partners
- Target
- Ullman Oil Company
- Industry
- Oil & Gas
- Location
- Ohio, United States
- Type
- Recapitalization
Midwest Growth Partners (MGP) has recapitalized Ullman Oil Company, a WBENC-certified fuel, heating oil and lubricants distributor headquartered in Chagrin Falls, Ohio. The recapitalization supports the existing management team (CEO Jennifer Berlin and CFO Susan Akers) while the Ullman family remains minority owners and enables the company to continue serving more than 2,000 residential and commercial locations across Northeast Ohio.
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