M&A Deal Summary |
|
|---|---|
| Date | 2021-04-29 |
| Target | 7-Eleven - 106 Speedway & Sites |
| Sector | Retail |
| Buyer(s) | CrossAmerica |
| Sellers(s) | 7-Eleven |
| Deal Type | Divestiture |
| Deal Value | 263M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Energy Services and Equipment |
| Employees | 548 |
| Revenue | 4.1B USD (2024) |
CrossAmerica is a provider of motor fuels, consisting of gasoline and diesel fuel. CrossAmerica was incorporated in 1992 and is headquartered in Allentown, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 13 |
| Sector: Retail M&A | 12 of 12 |
| Type: Divestiture M&A Deals | 8 of 8 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 13 of 13 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-15 |
State Oil - Assests
Libertyville, Illinois, United States State Oil - Assests consist of 59 fee sites, including 55 Lessee Dealer accounts, 25 Independent Dealer accounts, 3 company operated locations, 2 non-fuel sites and certain other assets. The locations sell over 60 million gallons of fuel annually through supply contracts with Marathon, Citgo, Phillips 66, Mobil, BP, Shell and others. |
Buy | $45M |
7-Eleven, Inc. operates, franchises, and licenses a chain of convenience stores in the United States and Canada.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Retail M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Texas M&A | 3 of 3 |
| Country: United States M&A | 3 of 3 |
| Year: 2021 M&A | 3 of 3 |
| Size (of disclosed) | 1 of 1 |
| 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 | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-11 |
Sunoco - 204 Stripes Stores
Texas, United States Sunoco's 204 Stripes Stores includes Stripes® convenience stores and Laredo Taco Company® restaurants. |
Buy | - |