M&A Deal Summary

7-Eleven Acquires Strasburger Enterprises - 23 Stores

On June 15, 2012, 7-Eleven acquired retailer Strasburger Enterprises - 23 Stores from Strasburger Enterprises

Acquisition Highlights
  • This is 7-Eleven’s 4th transaction in the Retail sector.
  • This is 7-Eleven’s 5th transaction in the United States.
  • This is 7-Eleven’s 1st transaction in Texas.

M&A Deal Summary
Date 2012-06-15
Target Strasburger Enterprises - 23 Stores
Sector Retail
Buyer(s) 7-Eleven
Sellers(s) Strasburger Enterprises
Deal Type Divestiture

Target

Strasburger Enterprises - 23 Stores

Texas, United States
Strasburger Enterprises - 23 Stores comprises 23 convenience stores. The stores are located in Texas.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

7-Eleven

Dallas, Texas, United States
Category Company
Founded 1927
Sector Franchising
DESCRIPTION

7-Eleven, Inc. operates, franchises, and licenses a chain of convenience stores in the United States and Canada.

DEAL STATS #
Overall 5 of 20
Sector (Retail) 4 of 18
Type (Divestiture) 2 of 12
State (Texas) 1 of 4
Country (United States) 5 of 18
Year (2012) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-30 Sam’s Mart Stores

United States

Sam’s Mart Stores comprises 55 gasoline service stations and convenience stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-26 Open Pantry - Pantry Convenience Store

United States

Open Pantry - Pantry Convenience Store comprises 18 convenience stores offering gasoline, newspapers, coffee, milk, tobacco, brats, sandwiches and salads, desserts, and other food products.

Buy -

Seller(S) 1

SELLER

Strasburger Enterprises

Temple, Texas, United States
Category Company
Founded 1974
Sector Retail
DESCRIPTION

Strasburger Enterprises, Inc. is a provider of convenience stores for oil companies and financial conglomerates in the United States.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Mergr

Product

Company

Legal