CrossAmerica Partners is a leading U.S. wholesale distributor of motor fuels, operator of convenience stores, and owner/lessee of real estate used in the retail distribution of motor fuels. Established in 1992, the company has well-established relationships with several major oil brands, including Exxon, Marathon, BP, and Shell. With a presence in 34 states, they distribute branded/unbranded petroleum for motor vehicles to approximately 1,800 locations and own or lease over 1,100 sites.
In addition, CrossAmerica Partners operates 7 customer-friendly convenience store brands and over 250 locations across 10 states, paired with prominent fast-food brands like Dunkin’, Subway, and Arby’s. Their mission is to be a premier provider of fuel and convenience products essential to keep people moving across America while being a responsible, people-focused organization.
Their last investment was a $925.00M Post-IPO Debt investment on 03 April 2023, secured from Citizens Bank. With a strong foothold in the energy and real estate industries, CrossAmerica Partners aims to stay one step ahead in developing solutions that best serve their dealers, customers, and the petroleum industry, while providing exceptional service and support to the communities they serve.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | $925.00M | 1 | Citizens Bank | 03 Apr 2023 |
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