WG JOHNSON OIL COMPANY SELLS TO COLE DISTRIBUTING COMPANY
Corsicana, TX: WG Johnson Oil Company Sells to Cole Distributing Company. W.G. Johnson Oil Company of Corsicana, Texas, has announced the successful sale of its convenience retail (Tiger Totes), Exxon and Shell branded fuel distribution, and commercial business assets to Cole Distributing Company and its affiliates of Palestine, Texas. In 2020, Johnson retained Corner Capital’s…
Classic Star Group LP & Ziptron Energy, Inc. Acquired by Brad Hall & Associates, Inc.
FORT WORTH, TX (DFW) – Classic Star Group LP and Ziptron Energy, Inc. (“Classic”) based in the Dallas-Fort Worth area and distributors of branded and unbranded fuels and branded lubricants in Texas, Louisiana, Tennessee, Virginia, Kentucky, and Georgia announced today that they have successfully consummated the sale of their businesses to Brad Hall & Associates…
Herndon Oil Announces Sale to Tri Star Energy
ABBEVILLE, AL – September 1st, 2021 – Herndon Oil Company announced today that it has sold its Southern Traders convenience retail chain and Shell-branded fuel distribution business to Tri Star Energy of Nashville, Tennessee. Headquartered in Abbeville, AL, Herndon Oil Company traces its roots back to the late 1950’s when two brothers, C.S. Herndon and…
Wag-A-Bag Acquired by Refuel
Round Rock, Texas – Wag-A-Bag, LLC, and its affiliates (the “Company”), owners & operators of the Wag-A-Bag Convenience Stores and a branded retailer of Shell and Valero motor fuels in Round Rock and Austin, Texas, has successfully closed its sale transaction to Refuel Operating Company, LLC, an affiliate of First Reserve, a leading global private…
Story Distributing Company Acquired by Parkland
Bozeman, MT – Story Distributing Company, operators of Casey’s Corner Convenience Stores and a full line branded wholesaler and retailer of petroleum fuel products in Montana, has successfully closed its sale transaction to Parkland through its U.S. based subsidiary (“Parkland USA\”). Story Distributing Company was formed in April of 1976 by Doug Alexander when he…
New Staffing Announcement, Austin, Texas
Corner Capital is pleased to welcome Rob Thomas to the Business Development team at Corner Capital effective January 1, 2021. After 34 years of service with both Shell Oil Company and Motiva LLC, Rob recently retired from his position as Sales Manager in the Southeast U.S. Early in his career Rob served in numerous capacities…
Story Distributing Company to be Acquired by Parkland
BOZEMAN, MT – Story Distributing Company, operators of Casey’s Corner Convenience Stores and a full line branded wholesaler and retailer of petroleum fuel products in Montana, announced today that it has entered into an acquisition agreement with Parkland through its U.S. based subsidiary (“Parkland USA\”). Parkland is one of North America and the Caribbean’s fastest…
Transaction Announcement: Putnam Co. & Acorn Markets, Inc. sells to United Refining Company of Pennsylvania
Wellsboro, PA (December 1, 2020) – Acorn Markets, Inc and Putnam Co., (the “Company”) has announced the successful sale of its convenience retailing and ExxonMobil branded fuel distribution business assets to United Refining Company of Pennsylvania and its affiliates. Prior to the beginning of the COVID-19 pandemic, the Company requested Corner Capital’s valuation and strategic…
Transaction Announcement: H&M Wholesale, Inc. sells to Classic Star Group, LP
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…
We are just checking in
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…
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…
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…