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Press Releases

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 […]

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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 […]

March 13, 2018 Matrix Announces the Successful Sale of Polsinello Fuels, Inc.’s Propane, Heating Oil and Other Refined Fuel Products Business

RICHMOND, VA – March 13, 2018 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent middle-market investment bank, announces the successful closing on the sale of Polsinello Fuels, Inc.’s (“PFI” or the “Company”) Home Heating and Commercial Fuels Business to Mirabito Holdings, Inc. The acquired assets consist of PFI’s propane, heating oil, commercial fuels […]