Project Gas Station & C-Store

  • Deal Stage:  Closed Transaction
  • Service:  Sell
  • Sector: Consumer and Retail
  • Sub-sector: Other Retail
  • Contact Email: mcarter@cartermorse.com

Description

Wheels of CT, Inc. operated as a leading, full-service retail fuel and convenience company based in Milford, Connecticut. The Company traced its roots back to 1936, when it first engaged in propane and petroleum distribution and operating service stations in Fairfield county. The Company changed its name to Consumers Petroleum of Connecticut Inc. and has expanded its footprint growing the business to 26 retail locations throughout Fairfield and New Haven counties, all under the Wheels brand name. The Company also operated 22 wholesale dealer accounts in Connecticut, New York and New Jersey. Consumers Petroleum generates approximately $100m+ of revenue

After a disciplined auction process, Global Partners was ultimately selected as the acquirer. Global, an $11 billion revenue NYSE-listed fuel marketing company, is one of the Northeast US’s largest independent owners, suppliers and operators of gasoline stations and convenience stores, tallying more than 1,600 total locations. 

Members of this Deal

Select Member
Michael Carter
Americas
View Profile

Other Deals by Carter Morse & Goodrich

More Deals in the Consumer and Retail sector