M&A Deal Summary |
|
|---|---|
| Date | 2015-05-01 |
| Target | Gas-Mart USA - 19 Gasoline/Convenience Stores |
| Sector | Retail |
| Buyer(s) | TravelCenters of America |
| Sellers(s) | Gas-Mart USA |
| Deal Type | Divestiture |
| Deal Value | 27M USD |
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| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Business Services |
| Revenue | 7.3B USD (2021) |
TravelCenters of America is a full-service travel center network operating TA, Petro Stopping Centers, and TA Express brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists. It operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet and Country Pride. TravelCenters of America was founded in 1972 and is based in Westlake, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector (Retail) | 2 of 2 |
| Type (Divestiture) | 1 of 2 |
| Country (United States) | 3 of 6 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-10 |
26 Gasoline Stations/Convenience
United States 26 gasoline/convenience store locations located primarily in Minnesota and Kentucky comprises gasoline filling stations located in the United States. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-21 |
Quaker Steak & Lube - Certain Assets
Sharon, Pennsylvania, United States The QSL assets purchased include 10 locations which will be operated as Quaker Steak & Lube restaurants by the TA Restaurant Group. The acquisition also includes 40 locations operated by franchisees or licensees. |
Buy | $25M |
Gas-Mart USA, Inc. owns and operates convenience stores.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Retail) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| Country (United States) | 1 of 2 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-09 |
Gas-Mart USA - 21 Convenience Stores
United States Gas-Mart USA - 21 Convenience Stores operates gasoline stations and convenience stores and located in Illinois, Iowa and Nebraska. |
Sell | - |
