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Press Releases

December 4, 2018

Matrix Advises Giant Eagle, Inc. on the Successful Acquisition of Ricker Oil Company, Inc.

RICHMOND, VA – December 4, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful acquisition of Ricker Oil Company, Inc. (“Ricker Oil”) by Giant Eagle, Inc. (“Giant Eagle” or the “Company”). Ricker Oil owns and operates 56 Ricker’s convenience stores located in the Indianapolis and Fort Wayne metro […]

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November 5, 2018 Matrix Announces the Successful Sale of Petr-All’s (d/b/a Express Mart) Petroleum Marketing and Convenience Retailing Assets

RICHMOND, VA – November 5, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading independent investment bank, announces the successful closing on the sale of Petr-All Petroleum Consulting Corporation’s, d/b/a Express Mart (“Petr-All”, “Express Mart”, or the “Company”), 78 convenience retailing and petroleum marketing assets to Speedway LLC, a wholly owned subsidiary of Marathon Petroleum […]

October 1, 2018 Matrix Announces the Successful Sale of Engineered Metals and Composites, Inc.

RICHMOND, VA – October 1, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading independent investment bank, is pleased to announce the sale of West Columbia, South Carolina-based Engineered Metals and Composites, Inc. (“EMC” or the “Company”) to Patrick Industries, Inc. (NASDAQ: PATK) (“Patrick”), a publicly-traded manufacturer of component products and distributor of building […]

September 28, 2018 Matrix Announces the Successful Sale of Croix Oil Company’s Convenience Retailing & Wholesale Motor Fuel Assets

RICHMOND, VA – September 28, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading independent investment bank, announces the successful closing on the sale of Croix Oil Company’s (“Croix” or the “Company”) convenience retailing assets to Northern Tier Retail, LLC (d/b/a SuperAmerica® and Tesoro), a subsidiary of Andeavor and its wholesale fuel assets to […]

September 17, 2018 Matrix Expands Service Offering, Establishes New Downstream Energy Consulting and Strategic Advisory Group

RICHMOND, VA – September 17, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent, investment bank, is pleased to announce the formation of a new in-house business consulting group, Matrix Consulting Services Group (“MCS”), and welcomes Melvin L. Strine as Director of the new endeavor. This specialized group will exclusively serve clients within […]

September 9, 2018 Matrix Announces the Successful Sale of Tevis Oil, Inc.’s Convenience Retailing & Wholesale Motor Fuel Assets

RICHMOND, VA – September 10, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent middle-market investment bank, announces the successful closing on the sale of Tevis Oil, Inc.’s (collectively “Tevis” or the “Company”) convenience retailing and wholesale motor fuel assets to SMO, Incorporated (d/b/a SMO Motor Fuels and Dash In®), a subsidiary of […]

August 13, 2018 Matrix Announces the Successful Sale of Carolina Convenience Corporation’s Petroleum Marketing Assets

RICHMOND, VA – August 13, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent middle-market investment bank, announces that it has advised Carolina Convenience Corporation (“Carolina Convenience” or the “Company”) on the sale of seven of its S-Mart branded convenience stores and its wholesale fuels distribution business in South Carolina to an affiliate […]

July 18, 2018 Matrix Announces the Successful Sale of Champlain Oil Company, Inc. & Coco Mart, Inc.

RICHMOND, VA – July 18, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent middle-market investment bank, announces the successful closing on the sale of Champlain Oil Company, Inc. and Coco Mart, Inc. (collectively “Champlain” or the “Company”) to Global Partners LP (NYSE: GLP). The acquired assets include 37 company operated convenience stores with gas, trading as Jiffy […]