Announced
Financials
Tags
convinience stores
Private Equity
Completed
Private
Acquisition
Single Bidder
United States
Friendly
retail chain
Diversified Retailers
Majority
Domestic
Synopsis
ArcLight Capital Partners, a private equity firm, completed the acquisition of Pride, a convenience stores chain operator. Financial terms were not disclosed. "The Pride stores are high-quality sites with a history of exceptional performance. Their progress into electrical vehicle charging infrastructure will be a great fit with ArcLight's energy transition focus. We look forward to working and growing with the entire Pride team," Collin Krehbiel, ArcLight Vice President.
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