In the News

College Station, Texas (December 1, 2020) – H&M Wholesale, Inc. (the “Company” or “H&M”) has announced the successful sale of its convenience retail, ChevronTexaco and Shell branded fuel distribution, and commercial business assets to Classic Star Group, LP (“Classic Star”) of Fort Worth, Texas and its affiliates. In 2019 H&M retained Corner Capital’s valuation and…

On behalf of our Corner Capital team members, we first wish you, your families, and employees to be safe and healthy during this interesting and uncertain time. Equally important at this point is that we hope your business remains as healthy as possible and prepared to safely and successfully re-emerge when the COVID-19 restrictions are…

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…

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…

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….

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…

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…

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…

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…

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…

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,…

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…