RICHMOND, VA – January 8, 2015 – Matrix Capital Markets Group, Inc. announced today the successful closing on the sale of Warren Equities, Inc. (“Warren” or the “Company”), which is owned by The Warren Alpert Foundation (the “Foundation”). Through Warren’s subsidiaries, Warex Terminals Corporation, Inc. and Drake Petroleum Company, Inc., the Company operates 147 Xtra […]
Matrix Announces the Successful Sale of Certain Assets of Mid-Atlantic Petroleum Properties
RICHMOND, VA – January 21, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful closing on the sale of certain assets of Mid-Atlantic Petroleum Properties, LLC (“MAPP” or the “Company”) to Petroleum Marketing Group, Inc. and affiliates. Headquartered in Germantown, Maryland, MAPP has been a leading owner and operator of petroleum marketing and […]
Read more »RICHMOND, VA – December 22, 2014 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce the sale of Southern Filter Media, LLC (“Southern Filter”) to Vance Street Capital, LLC (“Vance Street”), a Los Angeles-based private equity firm. Southern Filter, based in Hixson, TN and a portfolio company of Gen Cap America, Inc. (“Gen […]
Richmond, VA – November 26, 2014 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce several promotions and personnel updates. John J. Underwood was promoted to Director in the Matrix Energy & Multi-Site Retail Group (“EMR Group”). He was previously the Retail Portfolio Manager for BP and was responsible for managing BP’s retail […]
Richmond, VA – October 31, 2014 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce that it is expanding its industry coverage by establishing a Media and Communications Group. Leading the team will be Michael S. McHugh, Managing Director, who recently joined Matrix and will be located in the Richmond office. Mr. McHugh brings with him […]
RICHMOND, VA – October 16, 2014– Matrix Capital Markets Group, Inc. announces that effective December 31, 2014, Jeffrey G. Moore, Managing Director, will retire from Matrix after 27 years with the firm. Mr. Moore, who co-founded Matrix in 1988 and served as President of the firm for over 25 years, has been instrumental in guiding […]
RICHMOND, VA – September 29, 2014 – Matrix Capital Markets Group, Inc. is pleased to announce that Stephen C. Lynch, CFA, CPA, Associate, has successfully completed the CFA Program. He now holds the Chartered Financial Analyst designation and is a member of the CFA Institute. Prior to joining our Energy and Multi-Site Retail Group (“EMR […]
RICHMOND, VA – August 20, 2014 – Matrix Capital Markets Group, Inc. is pleased to announce the transition of Stevens Manufacturing Co., Inc. (“Stevens Manufacturing” or the “Company”) to J.H. Whitney Capital Partners, LLC (“J.H. Whitney”). Stevens Manufacturing, based in Milford, CT, is a leading supplier of high quality precision parts, flight-critical components and complete […]
RICHMOND, VA – August 5, 2014 – Matrix Capital Markets Group, Inc. is pleased to announce the recapitalization of Banker Steel Company (“Banker Steel”) with Atlas Holdings LLC, through its operating company, Bridge Fabrication Holdings, LLC, (“Atlas”) and Turnspire Capital Partners (“Turnspire”). Banker Steel, based in Lynchburg, VA is a leading fabricator of structural steel […]
RICHMOND, VA – July 31, 2014 – Matrix Capital Markets Group, Inc. (“Matrix”) announced today that John J. Underwood has been promoted to Director in the Energy & Multi-Site Retail Industry Group. Mr. Underwood joined the firm in April, 2011 after a successful career at BP. At Matrix, he has originated and managed a number […]
RICHMOND, VA – July 22, 2014 – Matrix Capital Markets Group, Inc. (“Matrix”) announces that it has advised Guttman Energy, Inc. (“Guttman”) on the successful sale of its Columbus, Ohio based propane and lubricants division, doing business as Guttman Oil Company (“Guttman Oil-Columbus Division”). Guttman Oil-Columbus Division sells propane and lubricants to a variety of […]