A Locke Lord team led by Lauren Corbeil and Jennie Simmons (both of Houston) represented Refuel Operating Company, LLC, a South Carolina-based retail and wholesale fuel distribution and convenience store business, in its acquisition of the assets of Holmes Oil Company, Inc. Refuel, a portfolio company of First Reserve, purchased Holmes Oil’s 26 convenience stores located in the greater Raleigh-Durham market for an undisclosed value. The transaction represents the sixth acquisition for Refuel since establishing the partnership with First Reserve in May 2019 and brings the total Refuel-operated store count to 113. For more information, see the press release. Additional assistance was provided by Jerry Higdon, Eric Larson, Sara Longtain, Mark Miller, Ed Razim, Buddy Sanders, DeLaina Mulcahy, Jason McCloskey, Andrew Nelson, Shannon Schroeder and Kenton Wilson (all of Houston), Michael Bennett (Chicago), Van Jolas (Dallas) and Andrew Capalbo (Providence).
Posted on November 19, 2020