1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. North Carolina >
  6. Refuel Acquires Holmes Oil Co.

M&A Deal Summary

Refuel Acquires Holmes Oil Co.

On November 12, 2020, Refuel acquired distribution company Holmes Oil Co.

Acquisition Highlights
  • This is Refuel’s 1st transaction in the Distribution sector.
  • This is Refuel’s 2nd transaction in the United States.
  • This is Refuel’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2020-11-12
Target Holmes Oil Co.
Sector Distribution
Buyer(s) Refuel
Deal Type Add-on Acquisition
Advisor(s) BMO Capital Markets (Financial)
Manning Fulton (Legal)

Target

Holmes Oil Co.

Chapel Hill, North Carolina, United States
Holmes Oil Co. is a conglomerate of divisions distributing wholesale fuel, operating convenience stores, and developing commercial real estate. Holmes Oil was formed in 1997 and is based in Chapel Hill, North Carolina.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Refuel

North Charleston, South Carolina, United States
Category Company
Founded 2008
Sector Distribution
DESCRIPTION

Refuel is a retail fuel distribution and convenience store sector. Refuel was founded in 2008 and is based in North Charleston, South Carolina.

DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-22 Markette

Hartsville, South Carolina, United States

West Oil, Inc. is owned retail fuel stores operating primarily in the northeastern region of South Carolina under the proprietary Markette store and West Oil fuel brands.

Buy -
Mergr

Solution for

Product

Company

Legal