We're Known By The Work We Do.
| Print | Follow us on
| Join our email list

Press Releases

December 16, 2015

Matrix Announces the Successful Sale of Alta East, Inc.’s Fuels Distribution Business

RICHMOND, VA – December 16, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful closing on the sale of Alta East, Inc. and certain related entities’ (collectively the “Company”) fuels distribution business to a wholly owned subsidiary of Sunoco LP (NYSE: SUN). The Company, headquartered in Middletown, NY, owns or leases 30 convenience stores that […]

Read more »
November 10, 2015 Matrix Announces the Successful Sale of Biscayne Petroleum, LLC and Everglades Petroleum, LLC

RICHMOND, VA – November 10, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful closing on the sale of Biscayne Petroleum, LLC and Everglades Petroleum, LLC (collectively the “Company”) to 7-Eleven, Inc. and its wholly owned subsidiary, SEI Fuel Services, Inc. The Company, headquartered in Miami, FL, owns and operates convenience stores and supplies fuels throughout primarily […]

November 6, 2015 Matrix Capital Markets Group, Inc.’s Healthcare Team Advises Safe Foods International Holdings, LLC on its Sale to Laboratory Corporation of America® Holdings

RICHMOND, VA – November 6, 2015 – Matrix Capital Markets Group, Inc. (Matrix) announces the successful sale of Safe Foods International Holdings, LLC (SFIH) to Laboratory Corporation of America® Holdings (LabCorp®) (NYSE: LH). Matrix served as exclusive financial advisor to SFIH. The transaction was led by David Keys, Head of Matrix’s Healthcare Team, and David […]

November 4, 2015 Matrix Announces the Successful Sale of CrossAmerica Partners LP’s Fuels Transportation, Heating Oil & Tank Wagon Commercial Fuels Businesses

RICHMOND, VA – November 4, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful closing on the sale of the fuels transportation, residential heating oil and tank wagon commercial fuels businesses owned by CrossAmerica Partners LP (the “Company” or “CrossAmerica”) that were formerly operated by wholly owned subsidiary, Petroleum Marketers, Inc. (“PMI”) to multiple buyers. Reliable Tank Line, […]

September 24, 2015 Matrix Announces the Successful Sale of Kocolene Marketing, LLC’s Convenience Store Assets

RICHMOND, VA – September 24, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful closing on the sale of Kocolene Marketing, LLC’s (the “Company”) convenience store assets to Alimentation Couche-Tard, Inc. (TSX: ATD.A, ATD.B), through its wholly-owned subsidiary, Mac’s Convenience Stores, LLC (collectively “Couche-Tard”). The Company’s assets acquired by Couche-Tard include thirteen (13) […]

September 22, 2015 Matrix’s Downstream Energy & Retail Group Announces Three Successful Sell-Side Advisory Assignments, Brings 2015 Firm-Wide Transaction Closings to Seventeen

RICHMOND, VA – September 22, 2015 – Matrix Capital Markets Group’s Downstream Energy & Retail team has successfully completed three sell-side advisory assignments in the month of August, bringing the total of firm-wide transactions to seventeen so far for this year. Matrix provided merger and acquisition advisory services, which included valuation advisory, marketing of the […]