M&A Deal Summary

Jacksons Food Stores Acquires 7-Eleven - 63 Speedway Sites

On March 17, 2021, Jacksons Food Stores acquired retailer 7-Eleven - 63 Speedway Sites from 7-Eleven

Acquisition Highlights
  • This is Jacksons Food Stores’ 1st transaction in the Retail sector.
  • This is Jacksons Food Stores’ 1st transaction in the United States.
  • This is Jacksons Food Stores’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-03-17
Target 7-Eleven - 63 Speedway Sites
Sector Retail
Buyer(s) Jacksons Food Stores
Sellers(s) 7-Eleven
Deal Type Divestiture

Target

7-Eleven - 63 Speedway Sites

Dallas, Texas, United States
63 Speedway Sites provides oil and fuel services located in California, Arizona, and Nevada.

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Buyer(S) 1

Buyer

Jacksons Food Stores

Meridian, Idaho, United States

Category Company
Founded 1975
Sector Retail
DESCRIPTION

Jacksons Food Stores is a nationally recognized chain of over 230+ Chevron, Shell, and Texaco branded convenience stores in 6 western states. Jacksons Food Stores was founded in 1975 and is based in Meridian, Idaho.


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 2 of 3
Sector (Retail) 2 of 3
Type (Divestiture) 2 of 3
State (Texas) 2 of 3
Country (United States) 2 of 3
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-15 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 7-Eleven - 106 Speedway & Sites

Dallas, Texas, United States

106 Speedway & Sites consist of company-operated sites and are located in regions of the U.S. within CrossAmerica’s existing asset base.

Sell $263M