RICHMOND, VA – June 1, 2011 – Matrix Capital Markets Group, Inc. announces the successful sale of twenty-nine (29) retail assets of Framingham, MA based Cumberland Farms, Inc. The retail assets have been sold to multiple buyers, including regional jobbers, individual store buyers, and individual store operators. Closings have occurred on twenty-three (23) of the […]
Matrix Announces the Acquisition of Lawrenceville Brick Assets by Belden Brick of Canton, OH
RICHMOND, VA – July 25, 2011 – Matrix Capital Markets Group, Inc. is pleased to announce that Ohio based Belden Brick Company, through its subsidiary Redland Brick, has acquired the assets of Lawrenceville Brick, Inc., “Virginia’s Finest Brick Maker.” Matrix served as the exclusive financial advisor to both Lawrenceville Brick and the special committee to […]
Read more »Richmond, VA –May 11, 2011. Matrix Capital Markets Group is pleased to announce that it participated in the first Dealer Network Strategies & Development Masters Program presented by the Society of Independent Gasoline Marketers of America (SIGMA) that was held May 4– 5, 2011 at the Hyatt Dulles Hotel, Washington, D.C. Speaking at the conference […]
BALTIMORE, MD – April 21, 2011 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful sale of twenty (20) retail assets of Hanover, MD based High’s of Baltimore, Inc., t/a High’s Dairy Stores (“High’s” or “Company”). The retail assets have been sold to multiple buyers, including national consolidators, regional jobbers, and individual store operators. […]
Richmond, VA – April 4, 2011 –Matrix Capital Markets Group, Inc. (“Matrix”) announced today that John J. Underwood has joined the firm as a Vice President in the Energy & Multi-Site Retail Industry Group. At Matrix he will be responsible for new client development and co-managing all aspects of client transactions including total company sales, […]
RICHMOND, VA – February 8, 2012 – Matrix Capital Markets Group, Inc. announced today the sale of North American Propane, Inc. (“NAP”) to NGL Energy Partners LP (NYSE: NGL) for approximately $66.8 million in cash, subject to adjustment for certain assumed liabilities, working capital and other specified items. North American Propane operates as a large […]
BALTIMORE, MD – January 13, 2011 – Matrix Capital Markets Group, Inc. (“Matrix”) announced today the successful closing on the sale of the wholesale distribution assets of Atlanta, GA based Triton Marketing, Inc. (“Triton”) to Cary Oil Company, Inc. (“Cary”) of Cary, NC. The asset portfolio is comprised of over one-hundred and twenty-five (125) gasoline […]
RICHMOND, VA – January 3, 2011 – Matrix Capital Markets Group, Inc. (“Matrix”) announced today the successful closing on the sale of select retail assets of Lehigh Gas Corporation, a petroleum marketer and convenience store operator in the Northeast. The assets, located in New York, Pennsylvania and New Jersey include both company-operated and dealer-operated stores. […]
RICHMOND, VA – November 15, 2010 – Matrix Capital Markets Group announces the successful completion of the Matrix Petroleum/C-Store M&A Deal Summit sponsored by Oil Price Information Service (OPIS) held on November 11-12, 2010 at the Westin Copley Place in Boston, MA. It was a lively, fun and informative event where attendees were divided into […]
Richmond, VA – September 1, 2010 – Matrix Capital Markets Group, Inc. announced today that it has successfully advised Advantor Systems and its shareholders in obtaining an equity investment by McCarthy Capital. McCarthy Capital manages a $500 million private equity fund and is based in Omaha, NE with offices in Denver and Boston. Matrix served […]
RICHMOND, VA – July 6, 2010 – Matrix Capital Markets Group, Inc. announced today the successful closing on the sale of the retail assets of Quarles Petroleum, Inc., a mid-Atlantic fuel oil distributor, propane supplier, motor fuels supplier, fleet fuel site provider, and convenience store chain. The retail stores are all located in Virginia and […]