A Locke Lord team led by Bill Swanstrom and Jennie Simmons (both of Houston) represented an affiliate of ArcLight Capital Partners, LLC, in the acquisition of the Pride retail chain of stores for an undisclosed amount. Founded more than a century ago, the Pride chain includes 31 convenience stores and travel centers, eight vacant parcels for future development and 30 quick-service restaurant franchises located throughout Western Massachusetts and Northern Connecticut. ArcLight will continue to use the Pride name. For more information, see the press release. Additional assistance was provided by Shannon Schroeder, Steve Boyd, Eric Larson, Ed Razim and Emily Travis (all of Houston), Van Jolas, Elizabeth Mack, Geoff Polma, Brad Weber and Richard Franchek (all of Dallas), Chip Rogers and Andrew Capalbo (both of Providence), Christine McCay, George Ticknor and Brandon Curtin (all of Boston).
Posted on February 17, 2022