M&A Deal Summary

Majors Management Acquires Davis Oil

On December 28, 2022, Majors Management acquired retailer Davis Oil

Acquisition Highlights
  • This is Majors Management’s 2nd transaction in the Retail sector.
  • This is Majors Management’s 7th transaction in the United States.
  • This is Majors Management’s 1st transaction in Michigan.

M&A Deal Summary
Date 2022-12-28
Target Davis Oil
Sector Retail
Buyer(s) Majors Management
Deal Type Add-on Acquisition

Target

Davis Oil

Battle Creek, Michigan, United States
Davis Oil is focused on supplying fuels to 11 commission marketers with 21 convenience store locations across West Michigan. Davis Oil was formed in 1966 and is based in Battle Creek, Michigan.

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Buyer(S) 1

Buyer

Majors Management

Lawrenceville, Georgia, United States
Category Company
Sector Distribution
DESCRIPTION

Majors Management LLC is a multi-brand fuel distributor and owner of convenience stores operating in 11 states throughout the Southeast, Midwest, and Texas. Majors Management is based in Lawrenceville, Georgia.

DEAL STATS #
Overall 7 of 8
Sector (Retail) 2 of 3
Type (Add-on Acquisition) 5 of 5
State (Michigan) 1 of 1
Country (United States) 7 of 8
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 K & H Truck Plaza

Gilman, Illinois, United States

K & H Truck Plaza is a modern, well established BP branded truck stop and travel center that features a busy truck repair facility, traditional home-style restaurant, Dunkin Donuts franchise, convenience store and video gaming area. K & H Truck Plaza is based in Gilman, Illinois.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-27 MAPCO Express

Brentwood, Tennessee, United States

MAPCO Express is a major convenience store chain with 348 corporate stores operating primarily in Tennessee, Alabama and Georgia, with an additional presence in Arkansas, Virginia, Kentucky and Mississippi. MAPCO operates company stores under the banners MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart. MAPCO Express is based in Brentwood, Tennessee.

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