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Announced

Completed

Kian Capital-backed SPATCO completed the acquisition of Petro Supply.

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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Majority

petroleum equipment

Completed

Friendly

Private

Private Equity

Acquisition

United States

Gas Distribution

Single Bidder

Domestic

Synopsis

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Kian Capital-backed SPATCO, a supplier, installer and maintenance provider for fueling stations and EV charging infrastructure, completed the acquisition of Petro Supply, a distributor of petroleum equipment. Financial terms were not disclosed. “We are proud of the differentiated platform we’ve developed and that highly-respected business owners like Galen, Brandon and Kevin are entrusting SPATCO as a partner to continue their legacies. The strength of their respective teams is undeniable and will provide a huge leap forward in our strategy to be the top integrated platform in the country for the petroleum convenience store and EV markets,” John Force, SPATCO President and CEO.

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