M&A Deal Summary

Sunoco Acquires Allied Energy Company

On June 23, 2016, Sunoco acquired distribution company Allied Energy Company from Emerge Energy Services

Acquisition Highlights
  • This is Sunoco’s 5th transaction in the Distribution sector.
  • This is Sunoco’s 7th transaction in the United States.
  • This is Sunoco’s 1st transaction in Alabama.

M&A Deal Summary
Date 2016-06-23
Target Allied Energy Company
Sector Distribution
Buyer(s) Sunoco
Sellers(s) Emerge Energy Services
Deal Type Divestiture

Target

Allied Energy Company

Birmingham, Alabama, United States
Allied Energy Company LLC through its subsidiaries, is an independent wholesale distributor of ethanol and petroleum‐based refined products, with fuel distribution representing a majority of 2008 projected revenue. The Company also offers nationwide terminal cleaning and petroleum reclamation services, maintains a bio‐diesel production facility and operates a fuel terminaling facility. AEC’s principal place of business is Birmingham, Alabama. AEC has approximately 88 employees.

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Buyer(S) 1

Buyer

Sunoco

Dallas, Texas, United States
Category Company
Founded 2012
Sector Distribution
Employees2,389
Revenue 23.1B USD (2023)
DESCRIPTION

Sunoco is a master limited partnership (MLP) that primarily distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors. Sunoco was founded in 2012 and is based in Dallas, Texas.

DEAL STATS #
Overall 7 of 11
Sector (Distribution) 5 of 6
Type (Divestiture) 3 of 6
State (Alabama) 1 of 1
Country (United States) 7 of 11
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-23 Direct Fuels

Euless, Texas, United States

Direct Fuels LLC is an independent regional fuel distributor and specialty processer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Sunoco - Convenience Stores

Houston, Texas, United States

Sunoco's convenience stores consist of 1,110 convenience stores in 19 geographic regions primarily along the East Coast US and in Texas. Also included in the sale are the associated trademarks and intellectual property of the Laredo Taco Company and Stripes.

Sell $3.3B

Seller(S) 1

SELLER

Emerge Energy Services

Fort Worth, Texas, United States
Category Company
Founded 2012
Sector Energy Services and Equipment
Revenue 364M USD (2017)
DESCRIPTION

Emerge Energy Services LP is a diversified energy services company that operates in two key segments of the energy industry: Sand Production and Fuel Processing and Distribution. Through its subsidiaries, Emerge Energy Services provides critical products and services to both the upstream and midstream energy segments. Emerge Energy Services LP was founded in 2012 and is headquartered in Fort Worth, Texas. Emerge Energy Services Files for Bankruptcy as on July 19, 2019.

DEAL STATS #
Overall 2 of 2
Sector (Distribution) 2 of 2
Type (Divestiture) 2 of 2
State (Alabama) 1 of 1
Country (United States) 2 of 2
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-23 Direct Fuels

Euless, Texas, United States

Direct Fuels LLC is an independent regional fuel distributor and specialty processer.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-20 Osburn Materials

San Antonio, Texas, United States

Osburn Materials, Inc. is a producer and seller of sand and turf materials for automotive, industrial casting and sports industries. Osburn Materials, Inc. was established in 1959 and is headquartered in San Antonio, Texas.

Buy $20M
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