Petro Stopping Centers - Ownership and Business Overview

TransportationCompany

Petro Stopping Centers Ownership

Who owns Petro Stopping Centers?

Petro Stopping Centers is owned by TravelCenters of America. It was acquired on May 3, 2007.

Was Petro Stopping Centers formerly PE-backed?

Yes. Petro Stopping Centers was formerly owned by 1 private investor.

Petro Stopping Centers Business Overview

Where is Petro Stopping Centers headquartered?

Petro Stopping Centers is headquartered in El Paso, Texas.

What sector is Petro Stopping Centers in?

Petro Stopping Centers is a transportation company.

When was Petro Stopping Centers founded?

Petro Stopping Centers was founded in 1975.

Transportation M&A Summary in 2007

Out of 60 sectors in the Mergr database, transportation ranked 20 in number of deals in 2007. The largest transportation acquisition in 2007 was Laidlaw International - which was acquired by Firstgroup for $2.9B.

Join Mergr to view all 121 acquisitions of transportation companies in 2007, including 54 acquisitions by private equity firms, and 67 by strategics.

Acquired by TravelCenters of America LLC (Company) on 2007-05-03

Petro Stopping Centers LP

6080 Surety Drive,
El Paso, Texas 79905
United States,
(915) 779-4711
www.petrotruckstops.com

Petro Stopping Centers is a leading operator of large, full-service truck stops with a nationwide network of facilities in 27 states. The Cardwell family, Petro's founders, wanted to replace their existing financial partner with a firm that would facilitate deepening the management team and refinancing the Company for growth.

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