Davidson Kempner, Pilot Travel Centers and Intrepid completed the acquisition of Chemoil Terminals.

Davidson Kempner, an institutional investment management firm, Pilot Travel Centers, a fuel supplier in North America, and Intrepid, the energy-focused merchant bank, completed the acquisition of Chemoil Terminals, the second largest independent petroleum storage provider in Southern California. Financial terms were not disclosed. "We are excited to partner with these investors as we continue to serve the greater Los Angeles area. With our strong ability to create and deliver the fuel required to meet today's rigorous environmental standards, we are well positioned for growth," Vince Godfrey, Chemoil Terminals CEO.