M&A Deal Summary

Anabi Oil Acquires 7-Eleven - 124 Speedway & Sites

On March 15, 2021, Anabi Oil acquired retailer 7-Eleven - 124 Speedway & Sites from 7-Eleven

Acquisition Highlights
  • This is Anabi Oil’s 1st transaction in the Retail sector.
  • This is Anabi Oil’s 1st transaction in the United States.
  • This is Anabi Oil’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-03-15
Target 7-Eleven - 124 Speedway & Sites
Sector Retail
Buyer(s) Anabi Oil
Sellers(s) 7-Eleven
Deal Type Divestiture

Target

7-Eleven - 124 Speedway & Sites

Dallas, Texas, United States
124 Speedway and 7-Eleven sites provide oil and gas services in the Midwest, Northeast, Florida, and Utah.

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Buyer(S) 1

Buyer

Anabi Oil

Upland, California, United States
Category Company
Founded 1991
Sector Energy Services and Equipment
DESCRIPTION

Anabi Oil Corporation and its affiliates operate as a diversified distributor, retailer, and owner of motor gasoline products and properties throughout California. Beginning in 1991 with a single property in Baldwin Park, CA, the Company now carries various interests in one hundred twenty (120) properties throughout California.

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 (2021) 1 of 1

Seller(S) 1

SELLER

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 1 of 3
Sector (Retail) 1 of 3
Type (Divestiture) 1 of 3
State (Texas) 1 of 3
Country (United States) 1 of 3
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-13 Tipple Lease Co Pty.

Sydney, Australia

Tipple Lease Co Pty. Ltd. is an alcohol delivery company. Tipple delivers beverages in 30 minutes by partnering with local and independent bottle shops. Tipple Lease Co Pty. Ltd. was founded in 2015 and is based in Sydney, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 7-Eleven - 63 Speedway Sites

Dallas, Texas, United States

63 Speedway Sites provides oil and fuel services located in California, Arizona, and Nevada.

Sell -
Mergr

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