500+ total transactions representing $13B+ in aggregate value — 11 tracked below spanning 2017–2026 · 3 industries
Advised TBC Corporation (a joint venture of Sumitomo Corporation of Americas and Michelin North America) on the sale of Midas International, LLC, a franchisor of automotive repair and maintenance services with 2,000 franchised and licensed stores across 20 countries.
Advised Giant Eagle on the sale of its wholesale motor fuels distribution business, distributing BP, Amoco, Phillips 66, Conoco, and Marathon branded fuels to 80+ contract dealer supply accounts in Indiana, Illinois, and Kentucky.
Advised Downs Energy, a leading Southern California petroleum marketer founded in 1940 operating six cardlocks with fleet card customer base and delivered fuels/lubricants distribution, on its sale to SC Fuels, a subsidiary of Pilot Company.
Advised Pri Mar Petroleum, a third-generation family-owned business founded in 1928 operating 13 convenience stores, 12 contract dealer accounts, and 3 bulk plants in Michigan, on a bifurcated sale to maximize value. Convenience store and contract dealer business sold to Blarney Castle Oil; delivered fuels and lubricants business sold to Merle Boes.
Advised Miller Oil Company, founded in 1977, on the sale of its petroleum marketing, fuels distribution and convenience retail business to Global Partners LP. Company continues to own heating oil distribution and HVAC service business.
Advised Bradley Petroleum, spanning 100 years and four generations in petroleum marketing and convenience retailing, on its sale to Stinker Stores. Company owned and operated the first Denver-based gas station in 1912.
Advised Monfort Companies, a diversified investment manager with nearly 80 convenience stores across multiple states including adjacent car washes and quick lube shops, on a four-transaction sale. West Texas locations sold to Kent Kwik; Colorado stores to 7-Eleven; Wisconsin & Minnesota sites to Azan Petro; Oklahoma locations to Diamond Jubilee. Transactions closed late 2023 through early 2026.
Advised Giant Eagle on the sale of approximately 270 GetGo Café + Market convenience stores and WetGo car washes across Pennsylvania, Maryland, Ohio, West Virginia, and Indiana to Alimentation Couche-Tard, Inc., parent company of Circle K. Also advised on separate sale of wholesale motor fuels distribution business to Cary Oil Company, representing complete exit from convenience retail operations.
Advised Penta Operating, operating 9 high-quality petroleum marketing and convenience retail stores in west Texas since early 1970s under Jack's banner, on its sale to Monfort Companies. Efficient process focused on strict deadlines to ensure 2021 closing for favorable tax rates.
Advised Fortune 100 CHS Inc. on the sale of 33 Cenex Zip Trip convenience stores in Washington and Idaho to Par Pacific Holdings. CHS also entered branded petroleum marketing agreement for continued fuel supply. Matrix leveraged prior relationship with Par Pacific developed in 2017.
Advised Petr-All Petroleum Consulting Corporation, founded in 1975 and operating 78 company-operated Express Mart convenience stores throughout New York, on its sale to Speedway LLC, a wholly-owned subsidiary of Marathon Petroleum Corporation.