RICHMOND, VA / BALTIMORE, MD – November 21, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it served as lead financial advisor on Carroll Independent Fuel’s (“Carroll” or the “Company”) syndicated debt refinancing. A privately-owned, full-service fuel company established in 1907 in Baltimore, […]
Matrix Advises Tri Gas & Oil on the Successful Acquisition of Pep-Up, Inc. and Capital Placement
RICHMOND, VA / BALTIMORE, MD – December 14, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading independent investment bank, announces that Tri Gas & Oil Co., Inc. (“Tri Gas & Oil”) and its affiliate Comfort Plus Services, LLC have acquired Pep-Up, Inc. (“Pep-Up”), a leading Delmarva Peninsula based […]
Read more »RICHMOND, VA / BALTIMORE, MD – November 10, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Community Service Stations, Inc. (“CSS” or the “Company”) on its sale to CrossAmerica Partners LP (NYSE: CAPL). CSS is a leading New England based […]
RICHMOND, VA / BALTIMORE, MD – November 9, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Holt Oil Company, Inc. (“Holt” or the “Company”) on the sale of its 19 petroleum marketing and convenience retail stores and wholesale dealer business […]
RICHMOND / BALTIMORE – October 17, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to share the following announcements: In addition to his role as Co-Head of Matrix’s Downstream Energy & Convenience Retail Investment Banking Group, Spencer P. Cavalier, CFA has been named […]
RICHMOND, VA / BALTIMORE, MD – October 11, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Green Castle Recovery Centers, LLC d/b/a Sanford Behavioral Health (“Sanford”) on a successful capital raise. Sanford is a residential and outpatient behavioral health provider […]
RICHMOND, VA / BALTIMORE, MD – September 21, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Tidewater Convenience, Inc., d/b/a Tidewater Convenience, and its affiliates (collectively, “Tidewater” or the “Company”) on the sale of the Company’s 14 company-operated petroleum marketing […]
RICHMOND, VA / BALTIMORE, MD – July 25, 2022 –Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the fleet fueling and dealer supply businesses of Quarles Petroleum, Incorporated (“Quarles” or the “Company”) to GPM Investments, LLC, a subsidiary of […]
RICHMOND, VA / BALTIMORE, MD – July 13, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that Penn Tank Lines, Inc. (“Penn Tank Lines” or the “Company”) has acquired Jet Star, Inc. (“Jet Star”), a leading aviation fuels, food grade products, ethanol, and other […]
RICHMOND, VA / BALTIMORE, MD – June 7, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of MXL Industries, Inc. (“MXL” or the “Company”), a manufacturer of high-quality optical plastic products, to Plaskolite LLC (“Plaskolite”), a global leader in […]
RICHMOND, VA / BALTIMORE, MD – June 6, 2022 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Haywood Oil Company, Inc. d/b/a Peak Energy (“Peak” or the “Company”) on the sale of its heating oil and commercial fuels businesses to Colonial […]