Transaction Announcement: Nimocks Oil Company, Inc., dba Circle N Markets, sells to Jordan’s Kwik Stop, Inc.

Forrest City, AR (February 5, 2020) – Nimocks Oil Company, Inc., dba Circle N Market (the “Company”) has announced the successful sale of all of its convenience stores and related assets to Jordan’s Kwik Stop, Inc. effective February 5, 2020. Corner Capital is pleased to have provided business valuation services and its structured sale process…

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Transaction Announcement: The McPherson Companies, Inc. Divests its Dealer Fuel Distribution Business

Birmingham, AL (February 4, 2020) – The McPherson Companies, Inc. of Birmingham, AL, (the “Company”) has announced the successful sale of its Dealer Fuel Distribution business to Majors Management, LLC and its affiliates. In 2018 the Company initiated a strategic review of all business segments, leading to its conclusion to direct its resources towards its…

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Transaction Announcement: Tyree Oil, Inc. Acquires Commercial Fuels & Lubricants Assets from GP Energy

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.…

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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

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. SMA, also…

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Transaction Announcement: East Texas Fuels, Inc. selling its convenience retail assets to Quick Track

Marshall, Texas (November 18th, 2019) – East Texas Fuels, Incorporated (the “Company”) has announced the sale of its convenience retail business assets. The Company’s retail convenience stores were acquired by Quick Track Incorporated effective today. Corner Capital Advisors, LLC was retained by East Texas Fuels as the exclusive financial advisor, providing valuation and structured-sale services…

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Transaction Announcement: Mickey’s Enterprises Inc. Selling its Convenience Retail Assets

Killeen TX. (August 21, 2019) – Mickey’s Enterprises, Inc. has announced that it has executed a definitive sale agreement for, and has subsequently closed on, its convenience retail and fuel distribution business assets, laundromats, and car washes effective August 26, 2019. Corner Capital Advisors, LLC was retained by Mickey’s Enterprises Inc. as the exclusive financial…

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Transaction Announcement: Recapitalization & Acquisition Services

Harlingen, TX. (May 24th, 2019) – Corner Capital Advisors, LLC is pleased to announce the successful refinance and transition of ownership to the next generation of family-owned Hinogas (the “Company”), a propane distributor in South Texas. Corner Capital Advisors, LLC was retained by Hinogas as the exclusive financial adviser providing valuation and structured-financing services for…

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Empire Petroleum Appoints Rick Golman as new CEO

Dallas, TX. (April 15, 2019) – Empire Petroleum Partners, LLC (“Empire,” “the Company”) has announced the appointment of Rick Golman as its new Chief Executive Officer. Rick will also be joining Empire’s Board of Directors. Rick succeeds Rocky Dewbre who joined Empire in 2017. Rocky was instrumental in expanding Empire’s retail capabilities as well as…

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Emerson Oil Company Sold to Crump Oil Company

Homer, LA. (February 1, 2019) – Emerson Oil Company has announced the sale of its convenience retail and fuel and lubricants distribution business based in Homer, Louisiana. The Company’s convenience stores, ExxonMobil branded marketer agreements, cardlocks, corporate office, bulk plants and lubricants storage facilities were purchased by Crump Oil Company effective today. Corner Capital Advisors,…

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Sunoco LP Completes the Acquisition of BRENCO Marketing Corporation’s Fuel Distribution Business

College Station, Texas – Corner Capital Advisors is pleased to announce the successful sale of Brenco Marketing Corporation (“Brenco”) to Sunoco LP (NYSE: SUN) effective October 16th, 2018. The acquired wholesale fuels business distributes approximately 95 million gallons of gasoline and diesel annually across a network of approximately 160 dealer and commission agent-operated locations and…

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ER Energy, Inc. Sale to Thompson Gas, LLC Press Release

Ukiah, CA. – Eel River Energy, Inc. (“ER Energy”), is pleased to announce the successful sale of its propane business and distribution assets to ThompsonGas, LLC (“Thompson”) effective today. ER Energy distributes propane to over 10,000 residential and commercial end-users, with terminals and customers throughout Northern California, Reno NV, and the Sierra Mountain range of…

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Pester Marketing Company Acquires Market Competitor

Denver, CO. (January 18, 2018) – Western Convenience Stores, Inc. has announced the sale of all of its convenience stores and gasoline stations to Denver-based Pester Marketing Company today. Western currently operates 42 locations in and around Denver, Colorado Springs, Pueblo, Grand Junction, Colorado mountain resort locations and Western Nebraska. Commenting on the acquisition, Rich…

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