M&A Deal Summary

Casey s Acquires Buchanan Energy

On May 14, 2021, Casey s acquired retailer Buchanan Energy

Acquisition Highlights
  • This is Casey s’ 4th transaction in the Retail sector.
  • This is Casey s’ 4th transaction in the United States.
  • This is Casey s’ 2nd transaction in Nebraska.

M&A Deal Summary
Date 2021-05-14
Target Buchanan Energy
Sector Retail
Buyer(s) Casey s
Deal Type Add-on Acquisition

Target

Buchanan Energy

Omaha, Nebraska, United States
Buchanan Energy is a Midwest distributor of branded and unbranded fuels. Buchanan Energy forges partnerships that utilize proven strategies to make operations more profitable. Its own retail enterprise provides all the tools and expertise to helps businesses increase sales and margins.

Search 201,430 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

Casey s

Ankeny, Iowa, United States
Category Company
Founded 1959
Sector Retail
Employees20,451
Revenue 15.1B USD (2023)
DESCRIPTION
Casey's General Stores' corporate headquarters in Ankeny, Iowa.
Casey's General Stores' corporate headquarters in Ankeny, Iowa.

Casey's operates a national chain of gas stations and convenience stores. Casey's was incorporated in 1959 and is based in Ankeny, Iowa.

DEAL STATS #
Overall 4 of 5
Sector (Retail) 4 of 4
Type (Add-on Acquisition) 3 of 4
State (Nebraska) 2 of 2
Country (United States) 4 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-22 Circle K - 49 Oklahoma Stores

Phoenix, Arizona, United States

49 Oklahoma Stores includes 46 leased properties and 3 owned properties and is expected to close in the fiscal quarter ended, July 31, 2021. These stores will be supplied by the company’s new distribution center in Joplin, MO.

Buy $39M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-05 Fikes Wholesale

Temple, Texas, United States

Fikes Wholesale is a multi-branded petroleum products marketer that has been in business for 59 years. Fikes Wholesale offer and distribute quality fuel products from Shell, ExxonMobil, ChevronTexaco, CITGO and Valero to retail stations throughout Southeastern United States. Fikes Wholesale is based in Temple, Texas.

Buy -
Mergr

Product

Company

Legal