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New Deal


Announced

Offen Petroleum to acquire Petromark.

Financials

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

Tags

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United States

Auto Services

Acquisition

Private

Friendly

motor fuel

Majority

Single Bidder

Pending

Domestic

Synopsis

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Offen Petroleum, an independent fuel distributor, agreed to acquire Petromark, a motor fuel distributor. Financial terms were not disclosed. "Petromark allows us the opportunity to strengthen our contract dealer business and deepen our presence in the Ozark Region. Additionally, I am pleased that Steve Turner will be joining us to share his wealth of experience, knowledge and dedication to his customers that has made his company so successful," Bill Gallagher, Offen Petroleum CEO.

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