Emerson Oil Company

Service Type: M&A

Client: Emerson Oil Company

Client Description: Wholesale fuels and commercial business that distributes approximately 21 million gallons annually across 45 dealer and 69 commercial accounts throughout the state of Louisiana

The Trigger:

  • The Client sought retirement from the industry.

The Project:

  • Corner Capital performed a Fair Market Valuation for Emerson Oil and proceeded to a broad structured auction sale process. Corner Capital acted as the exclusive advisor.

The Solution:

  • Corner Capital executed a structured sale process to the most strategically acquisitive target wholesale fuel distributor groups in the Downstream Energy Industry, and facilitated the transaction from initial marketing, diligence, and negotiations of the definitive agreements to closing.
  • All assets, operations, and contracts of the Company were marketed in the sale.

The Result:

  • The Company’s operations were successfully marketed and sold to Crump Oil Company. The transaction was successfully closed on February 2019.