A Locke Lord team led by Bill Swanstrom and Jennie Simmons (both of Houston) represented ArcLight Capital Partners’ sale of Pride Convenience Holdings, LLC, which operates 31 convenience stores in highly desirable locations, to ARKO, one of the largest operators of convenience stores and wholesalers of fuel in the United States, at a purchase price of approximately $230 million. For more information, see the press release. Additional assistance was provided by Shumaila Dhuka, Shannon Schroeder, Eric Larson (all of Houston), Van Jolas, Elizabeth Mack, Geoffrey Polma, Brad Weber, Richard Franchek (all of Dallas), Christine McCay, Michael Harrison, George Ticknor, Brandon Curtin (all of Boston) and Charles Rogers (Providence).
Posted on October 26, 2022