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 advisor, providing valuation and structured-sale services for the Company.
Mickey’s Enterprises is selling all of the fee and leasehold real estate interests as well as the operations in Mickey’s Enterprises convenience retail business segment. The new owners intend to retain Mickey’s employees to ensure the continuity of Mickey’s strong relationships with its customer base.
Karen Walinder, CEO of Mickey’s Enterprises stated, “We have been a family owned business, serving our local community for the past 70 years, and we are grateful to our employees and the customers we serve. Thank you for the wonderful memories over the years!”
Carl Ray Polk, Jr. of Corner Capital added, “We are grateful to Karen and her family for their trust in Corner Capital, and we are very appreciative of the opportunity to assist Mickey’s Enterprises.”
ABOUT CORNER CAPITAL
Since 2006, Corner Capital has been providing specialty advisory services for all refined products and to all constituencies in the Downstream Energy industry including convenience store chains, fuel wholesalers and distributors, lubricant retailers and distributors, propane and heating oil distributors, storage and transportation companies, institutional investors, and lenders.
For more information, please visit www.cornercapitalpartners.com or contact P. A. Weber III (Andy) at firstname.lastname@example.org or (805)965-5510