Rosewood Private Investments to acquire The Southern Co.

Rosewood Private Investments, a private equity firm, agreed to acquire The Southern Co, a petroleum equipment distributor, Financial terms were not disclosed. “The Southern Co. nicely complements AMPET and PECO, and the Scott family should be very proud of the company they’ve built. We look forward to partnering with Eric, Jason, and their entire team for the next stage of the company’s journey. This addition to the StationServ family of companies allows us to extend our reach and broaden our service offerings for both existing and new customers,” G.T. Barden, RPI Managing Director.