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  5. Empire Petroleum Holdings Acquires Keeman Petroleum - Distribution Contracts

M&A Deal Summary

Empire Petroleum Holdings Acquires Keeman Petroleum - Distribution Contracts

On May 18, 2016, Empire Petroleum Holdings acquired business services company Keeman Petroleum - Distribution Contracts from Keeman Petroleum

Acquisition Highlights
  • This is Empire Petroleum Holdings’ 1st transaction in the Business Services sector.
  • This is Empire Petroleum Holdings’ 9th transaction in the United States.

M&A Deal Summary
Date 2016-05-18
Target Keeman Petroleum - Distribution Contracts
Sector Business Services
Buyer(s) Empire Petroleum Holdings
Sellers(s) Keeman Petroleum
Deal Type Divestiture

Target

Keeman Petroleum - Distribution Contracts

United States
Keeman Petroleum Co., Inc. - Distribution Contracts consists of existing distribution network in Georgia and northern Florida.

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Buyer(S) 1

Buyer

Empire Petroleum Holdings

Dallas, Texas, United States
Category Company
Founded 1998
Sector Distribution
DESCRIPTION

Empire Petroleum Holdings LLC is a distributor of fuel and fuel products on the East Coast. Empire Petroleum operates as a wholesaler between petroleum companies and retail gas stations. Empire Petroleum Holdings was founded in1998 and is based in Gaithersburg, Maryland.

DEAL STATS #
Overall 9 of 10
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 4
Country (United States) 9 of 10
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 Triple A Fuels - Distribution Contracts

Texas, United States

Triple A Fuels - Distribution Contract includes supplies branded fuel to gas stations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-27 Sunshine Fuel - Distribution Contracts

Palm Beach, Florida, United States

Sunshine Fuel LLC - Distribution Contracts is a provider of distribution services.

Buy -

Seller(S) 1

SELLER

Keeman Petroleum

Valdosta, Georgia, United States
Category Company
Founded 1972
Sector Distribution
DESCRIPTION

Keeman Petroleum Co., Inc. is a distributor of fuel to gas stations primarily in the Southern Georgia and Florida markets.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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