Transaction Announcement: Tyree Oil, Inc. Acquires Commercial Fuels & Lubricants Assets from GP Energy
By: P. A. (Andy) Weber III
12.27.19 Friday

Grants Pass, OR (December 27, 2019) – Colvin Oil I, LLC dba GP Energy (the “Company”) has announced the successful sale of its commercial fuels and lubricants business segment to Tyree Oil, Inc. (“Tyree”) The Company divested these assets to further align its focus on its retained convenience retailing, branded fuel distribution, and transportation businesses. Corner Capital provided valuation and structured sale services to Colvin Oil I, LLC in support of the Company’s strategy.

Transaction Announcement: Sumitomo Machinery Corp. of America Acquires LUFTEX GEARS, Manufacturing & Services. Nation’s Leading Industrial Gearbox Manufacturer Extends Reach into the Southwest with Latest Acquisition
By: P. A. (Andy) Weber III
12.20.19 Friday

Chesapeake, VA (Nov. 20, 2019) – Sumitomo Machinery Corp. of America (SMA), one of the nation’s leading industrial gearbox manufacturers, is pleased to announce the acquisition of LUFTEX GEARS, Manufacturing & Services, headquartered in Lufkin, Texas. This represents the first domestic acquisition for Sumitomo Machinery Corp. of America since its creation in 1966.

Marketing Strategies for Modern Convenience Stores
By: P. A. (Andy) Weber III
12.22.15 Tuesday

There’s been a lot of press coverage lately about “modern” convenience stores. The verdict seems to be that convenience stores of the future are very individual focused, offer healthy options, and embrace technology. Those are all great attributes, but how do convenience store chains need to change their marketing to communicate their evolving value to customers?

Diesel Production for Tomorrow’s Vehicles
By: P. A. (Andy) Weber III
12.07.15 Monday

It seems that every week there is new news about the rise or fall of diesel demand. As far as U.S. demand goes, diesel is not as popular as it is in other countries. A very small percentage of light duty vehicles (LDVs) use diesel compared to countries where diesel is more popular; however, diesel engines are on the rise in the U.S.

Johnson Oil Company - FS Holdings Sale Press Release - December 1 2015
By: P. A. (Andy) Weber III
12.04.15 Friday

Johnson Oil Company (“JOC”) is pleased to announce that F.S. Holdings, Inc., parent company of Texas Enterprises, Inc., has acquired its commercial fuel, transport and branded lubricants businesses.

“The folks at Corner Capital demonstrated great leadership and industry knowledge managing our financing requests. I was able to consolidate my debt structure, reduce costs, and create capacity to meet our growth needs. I’ve recommended them to my peers and my customers.”
-Jeffrey Magness, Magness Oil Company
“Corner Capital helped me with a complex transition of our convenience retail business in 2013, which was a critical component of our succession planning. We were so pleased with their industry knowledge and structuring expertise that we engaged them again to assist us in the transition of our wholesale fuel supply business.”
-Ed Few, Jasper Oil Company
“Corner Capital demonstrated patience and persistence in our negotiations over a year’s time, solving a complex structuring project. The end result was a tremendous amount of value and a great long-term relationship.”
-Rene Anabi, Anabi Holdings North Master, LLC
“Under time and financial pressure, Andy was able to quickly grasp not only the operating issues with Appco, but weave through the difficult negotiations with landlords, suppliers, and creditors while ensuring the majority of the employees were taken care of throughout the process. I’d highly recommend Corner Capital’s services for any distressed situation, in any part of the country.”
- Mark Dessauer, Counsel for Appco
“Andy Weber and his team at Corner Capital have done exceptional work supporting transactional, valuation, and various proprietary initiatives at our companies. Andy’s extensive industry experience, technical competence, and practical "real world" approach is a valued resource to our organization. The Corner Capital team consistently delivers-----and always in a most timely and impactful manner.”
-M.J. Castelo, Managing Member & President – Andretti Petroleum LLC / Peninsula Petroleum LLC / Humboldt Petroleum Inc.
“Corner Capital successfully negotiated and facilitated my refi project and helped me find additional capital to support my ongoing growth plans. They managed all aspects of the project very well and I would not hesitate to use them again or to recommend them to other marketers.”
-Carlos Garza, La Lomita
“Lard Oil recently engaged Corner Capital Advisors on two projects, first to assist in an acquisition opportunity and the other to manage the process to refinance our Sr. term and revolver facilities. The CCA team brought a wealth of knowledge and expertise and did so under our strict timelines and expectations. I have no reservations of recommending their firm and intend to engage with them as other opportunities present themselves.”
-Johnny Milazzo, President and CEO – Lard Oil Co., Denham Springs, LA
“Brookshire Brothers utilized Corner Capital Advisors for valuation and structured sale of 26 of our convenience stores. Corner Capital’s knowledge of the industry and attention to our assets was critical to our successful closing. We relied on their services and expertise for the entire process.”
-Jerry Johnson, President and CEO – Brookshire Brothers, LTD