M&A Deal Summary |
|
|---|---|
| Date | 2022-10-26 |
| Target | Midwest Travel Center |
| Sector | Automotive |
| Buyer(s) | TravelCenters of America |
| Deal Type | Add-on Acquisition |
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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 | 6 of 6 |
| Sector (Automotive) | 1 of 1 |
| Type (Add-on Acquisition) | 4 of 4 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 6 of 6 |
| Year (2022) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-26 |
Carolina’s Travel Center
Fair Play, South Carolina, United States Carolina’s Travel Center is a provider of packing supplies including duct tape, shipping supplies, Enviro-Bubble (bubble cushion wrap), utility carts (dollies), box cutters (utility knives), moving blankets, gift boxes, forearm forklifts, moving straps, padlocks and more. Carolina’s Travel Center is based in Fair Play, South Carolina. |
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