RICHMOND, VA / BALTIMORE, MD – July 13, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that Penn Tank Lines, Inc. (“Penn Tank Lines” or the “Company”) has acquired Jet Star, Inc. (“Jet Star”), a leading aviation fuels, food grade products, ethanol, and other […]
Matrix Announces the Successful Sale of Quarles Petroleum, Incorporated’s Fleet Fueling and Dealer Supply Businesses
RICHMOND, VA / BALTIMORE, MD – July 25, 2022 –Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the fleet fueling and dealer supply businesses of Quarles Petroleum, Incorporated (“Quarles” or the “Company”) to GPM Investments, LLC, a subsidiary of […]
Read more »RICHMOND, VA / BALTIMORE, MD – June 7, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of MXL Industries, Inc. (“MXL” or the “Company”), a manufacturer of high-quality optical plastic products, to Plaskolite LLC (“Plaskolite”), a global leader in […]
RICHMOND, VA / BALTIMORE, MD – June 6, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Haywood Oil Company, Inc. d/b/a Peak Energy (“Peak” or the “Company”) on the sale of its heating oil and commercial fuels businesses to Colonial […]
RICHMOND, VA / BALTIMORE, MD – June 2, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Fikes Wholesale, Inc., d/b/a CEFCO Convenience Stores, and its affiliates (“CEFCO” or the “Company”) on the divestment of 50 of the Company’s company-operated petroleum […]
RICHMOND, VA / BALTIMORE, MD – June 1, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the propane and refined products distribution business of Quarles Petroleum, Inc. (“Quarles” or the “Company”) to Superior Plus Energy Services, Inc., […]
RICHMOND, VA / BALTIMORE, MD – May 18, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it served as lead advisor on Saratoga Casino Holdings’ (“SCH” or the “Company”) financing and acquisition of Magnolia Bluffs Casino Hotel in Natchez, Mississippi (acquisition subject to […]
RICHMOND, VA / BALTIMORE, MD – April 29, 2022 – Matrix is pleased to announce that Casey Van de Walle has been named to ABF Journal’s 2022 Top Women in Asset-Based Lending. Female professionals from multiple disciplines including, investment banking and strategic advisory, lending, private equity, accounting and legal are […]
RICHMOND, VA / BALTIMORE, MD – April 12, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Melvin L. Davis Oil Company, Inc. d/b/a Davis Travel Centers (“Davis” or the “Company”) on the sale of its highway travel centers, convenience retail […]
RICHMOND, VA / BALTIMORE, MD – April 4, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Global Partners LP (NYSE:GLP) (“Global” or the “Company”) on the sale of select fuel and convenience retail outlets (the “Stores”) to an affiliate of […]
RICHMOND, VA/BALTIMORE, MD – March 18, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce several promotions, as well as welcome new team members. Several team members have made outstanding contributions to the firm and are being recognized for the following achievements: […]