Quarles Petroleum - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Quarles Petroleum M&A Summary

Quarles Petroleum has acquired 5 companies, including 2 in the last 5 years. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2022, when it sold Quarles Petroleum - Retail Propane Distribution and Refined Fuels Assets to Superior Plus for $145M. Quarles Petroleum has acquired in 1 US state. The Company’s most targeted sectors include oil/gas exploration (100%).

Quarles Petroleum Business Overview

Where is Quarles Petroleum headquartered?

Quarles Petroleum is headquartered in Fredericksburg, Virginia.

What sector is Quarles Petroleum in?

Quarles Petroleum is an oil/gas exploration company.

When was Quarles Petroleum founded?

Quarles Petroleum was founded in 1940.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3

Quarles Petroleum, Inc.

1701 Fall Hill Avenue,
Fredericksburg, Virginia 22401
United States,
(540) 371-2400
www.quarlesinc.com

Quarles Petroleum, Inc. is a provider of oil and gas exploration services. It major product lines are residential propane and oil, commercial delivered fuels, fleet card sites and services, and lubricants.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 1 - - - - 5
Sell (0.2/yr) # - - - 1 - - 1
vol $145M $145M
  6

Most Recent M&A

Company Date Value Type
Quarles Petroleum, Inc. - Retail Propane Distribution and Refined Fuels Assets 2022-03-28 145M USD Divestiture
Fredericksburg, Virginia
Dixie Gas & Oil Corp. 2020-10-26 - Add-on Acquisition
Verona, Virginia · www.dixiegas.com
PAPCO, Inc. - Propane Business 2019-06-27 - Divestiture
Virginia Beach, Virginia
Revere Gas 2018-12-04 - Add-on Acquisition
Hartfield, Virginia · www.reveregas.com
Whiting Oil Co. 2015-10-13 - Divestiture
Culpeper, Virginia
Northern Neck Oil Co., Inc. 2015-10-13 - Divestiture
Warsaw, Virginia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 5 (100%) - 1 (100%) 145M (100%)
Total 5 - 1 $145M

By Geo

State/Country Buy Value Sell Value
United States 5 - 1 145M
  Virginia 5 - 1 145M
Total 5 - 1 $145M

Deal Values

sell # Total
$100M to $1B 1 $145M
TOTAL $145M
Largest Quarles Petroleum, Inc. - Retail Propane Distribution and Refined Fuels Assets
$145M (2022-03-28)

M&A Connections

Deals
Acquired from
Strategic(s)
60%
3 (60%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 207,963
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.