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Press Releases

August 13, 2013

Matrix Announces Two Successful Sale Transactions

BALTIMORE, MD – August 13, 2013 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce the successful sale of Kilmarnock, VA based Hurst Harvey Oil, Inc. (“Hurst Harvey”) to GPM Investments, Inc. (“GPM”), as well as the sale of Bagwell Oil Company, Inc. of Onancock, VA (“Bagwell”) to Pep-Up, Inc. (“Pep-Up”). Hurst Harvey […]

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March 11, 2013 Matrix and Marshall & Stevens Advise Pester Marketing Company on the Successful Establishment of an Employee Stock Ownership Plan

BALTIMORE, MD – March 11, 2013 – Matrix Capital Markets Group, Inc. (“Matrix”), together with Marshall & Stevens, Inc. (“Marshall & Stevens”), announce the successful establishment of Pester Marketing Company’s (“Pester” or “Company”) Employee Stock Ownership Plan (ESOP). Pester established its ESOP in order to provide employees with another qualified, defined contribution benefit plan option […]

February 18, 2013 Matrix Announces the Successful Sale of Dickerson Petroleum, Inc. & Related Entities

BALTIMORE, MD – February 18, 2013 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful sale of Belleville, IL based Dickerson Petroleum, Inc. & Related Entities (“Dickerson” or “Company”) t/a Gas Mart, to Alimentation Couche-Tard, Inc. (TSX: ATD.A, ATD.B), through its wholly-owned indirect subsidiary, Mac’s Convenience Stores, LLC (collectively “Couche-Tard”). Dickerson operates retail and […]

January 7, 2013 Matrix Closes its 28th Assignment for 2012 and Announces the Sale of 56 Retail Auto Parts Stores for VIP Parts, Tires & Service to O’Reilly Automotive, Inc.

RICHMOND, VA – January 7, 2013 – Matrix Capital Markets Group, Inc. is pleased to announce that VIP Parts, Tires & Service (“VIP”) has sold its 56 retail auto parts stores to O’Reilly Automotive, Inc. (“O’Reilly”). Lewiston, Maine-based VIP is a privately held automotive parts, tires and service chain that has served customers in New […]

January 3, 2013 Matrix Announces the Successful Sale of Gas Station and Convenience Store Wholesale Sites for Mutual Oil Co., Inc.

RICHMOND, VA – January 3, 2013 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful sale of nineteen (19) gas station and convenience store wholesale assets for Mutual Oil Co., Inc. (“Mutual” or “Company”). The wholesale assets have been sold to multiple buyers including Alliance Energy LLC, a wholly-owned subsidiary of Global Partners LP […]