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New Deal


Announced

Refuel and First Reserve acquired Bishopville Petroleum.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

United States

Integrated Oil and Gas

Private

petroleum products

Private Equity

Synopsis

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Refuel and First Reserve acquired Bishopville Petroleum, one of the longest tenured distributors of Shell-branded products in the United States. Financial terms were not disclosed. “We are extremely pleased to announce the acquisition of Bishopville Petroleum,” said Mark Jordan, CEO of Refuel. “The transaction is highly complementary as it fits nicely into Refuel’s existing geographic footprint and is also consistent with Refuel’s overall focus on high-quality stores with exceptional service. I have known and respected Green DesChamps for over a decade and look forward to working with him in growing the Refuel platform.”

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