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New Deal


Announced

Completed

Murphy USA completed the acquisition of QuickChek for $645m.

Financials

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Transaction Value£487m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Retailers and Wholesalers

United States

Single Bidder

Friendly

Private

Majority

Acquisition

convenience stores

Domestic

Completed

Synopsis

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Murphy USA, a retailer of gasoline and convenience merchandise, completed the acquisition of QuickChek, a chain of convenience stores, for $645m. The transaction, expected to close during the first quarter of 2021, is projected to add to its earnings in 2022. “The future remains bright for the combined organization as we kick off the first 100 days of our integration plan where best practices and unique capabilities across each company will contribute to a more compelling value proposition for our customers, our employees, and our stakeholders," Andrew Clyde, Murphy USA President and CEO.

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