M&A Deal Summary

Majors Management Acquires Tri-State

On December 17, 2021, Majors Management acquired distribution company Tri-State

Acquisition Highlights
  • This is Majors Management’s 3rd transaction in the Distribution sector.
  • This is Majors Management’s 4th transaction in the United States.
  • This is Majors Management’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2021-12-17
Target Tri-State
Sector Distribution
Buyer(s) Majors Management
Deal Type Add-on Acquisition

Target

Tri-State

Wheeling, West Virginia, United States
website
Tri-State is a family-owned convenience store operator and wholesale distributor of motor fuels in Ohio, Pennsylvania, and West Virginia. Tri-State was founded in 1974 and is headquartered in Wheeling, West Virginia.

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Buyer(S) 1

Buyer

Majors Management

Lawrenceville, Georgia, United States

website

Category Company
Sector Distribution
DESCRIPTION

Majors Management LLC is a multi-brand fuel distributor and owner of convenience stores operating in 11 states throughout the Southeast, Midwest, and Texas. Majors Management is based in Lawrenceville, Georgia.

DEAL STATS #
Overall 4 of 8
Sector (Distribution) 3 of 3
Type (Add-on Acquisition) 2 of 5
State (West Virginia) 1 of 1
Country (United States) 4 of 8
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Osan Petroleum - Eight Convenience Stores

Macon, Georgia, United States

Osan Petroleum Co. Inc. - Eight Convenience Stores provides high-quality branded motor fuels.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-04 Morgan Oil

Carrollton, Georgia, United States

Morgan Oil is an oil & energy company deliver diesel fuels, gasoline, non ethanol gasoline as well as lubricants to agricultural, commercial, and industrial accounts or for personal use. Morgan Oil was founded in 1933 and is based in Carrollton, Georgia.

Buy -
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