Top M&A Moves of 2022

Top M&A Moves of 2022

Arko Corp./GPM Investments

In September, GPM Investments LLC, Richmond, Virginia, acquired 350 wholesale and retail sites, including 150 company-operated c-stores under the Flash Market banner and several other brands, in Alaba...

Top M&A Moves of 2022

Majors Management

Majors Management grew consistently over 2022 with a series of small to midsize deals across the United States, including 21 c-stores from Davis Oil (C Store. pictured) in western Michigan and 13 Mari...

A year of megadeals it wasn’t. There were no massive 7-Eleven-Speedway deals. But the 2022 mergers-and-acquisitions activity was still robust, and it was largely characterized by several well-known, f...

The Cigarette Store LLC, Boulder, Colorado, acquired 79 Tobacco Superstores in August that it will convert to its Smoker Friendly brand. The Arkansas-based chain operated stores in Arkansas, Tennessee...

Charleston, South Caroline-based Refuel Operating Co. LLC recorded a handful of acquisitions in 2022, including 24 stores in North Carolina from Eagles Enterprise LLC, Premier Stores Inc. and the Whal...

Products

One of the biggest and most significant M&A transactions of 2022 was Shell’s acquisition—announced in October 2021 but completed in June 2022—of 184 c-stores operating in Texas under the Timewise ...

Global Partners/Alltown Fresh acquired more than 60 c-stores in 2022 through multiple acquisitions. These deals included 26 Wheels-branded stores from Consumers Petroleum in Connecticut, 23 stores in ...

January Arclight Capital Partners LLC, Boston, acquired 31 c-stores in Massachusetts and Connecticut from Pride Gas Station and Convenience Stores, Springfield, Massachussetts. It would sell the...