M&A Deal Summary |
|
|---|---|
| Date | 2012-12-24 |
| Target | Jojo Oil |
| Sector | Retail |
| Buyer(s) | CrossAmerica |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Energy Services and Equipment |
| Employees | 548 |
| Revenue | 4.4B USD (2023) |
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 | 3 of 13 |
| Sector (Retail) | 3 of 12 |
| Type (Add-on Acquisition) | 2 of 4 |
| State (Pennsylvania) | 2 of 2 |
| Country (United States) | 3 of 13 |
| Year (2012) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-24 |
Express Lane - 45 Fuel Sites
Lynn Haven, Florida, United States Express Lane - 45 Fuel Sites are concentrated in the Tallahassee/Panama City metropolitan area and along the Interstate 10 corridor of the "panhandle" region located in northwest Florida. Seven of the sites are fee simple interests and 38 are leasehold interests. Forty-three of the 45 sites sell motor fuel, of which 41 sites sell branded motor fuel, including 25 Chevron sites and 16 ExxonMobil sites. Two sites sell unbranded motor fuel. The remaining two sites are real estate acquisitions. The motor fuel volume for the 43 sites totaled more than 42 million gallons in 2011. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-01 |
Rocky Top - 30 Motor Fuel Stations
Knoxville, Tennessee, United States Rocky Top - 30 Motor Fuel Stations are located in and around the Knoxville, TN region and along Interstate 40 and 75. In aggregate, including the assumed third party supply contracts, the total portfolio sold 34.1 million gallons of motor fuel in 2012. |
Buy | $37M |
