Acquiring Company
Arko Petroleum
Acquired Company
U.S. Petroleum Partners
Description
Arko Petroleum has announced it will acquire U.S. Petroleum Partners for $205 million in cash plus inventory costs. This deal will significantly expand Arko's operations, bringing its total to over 2,500 wholesale locations. The acquisition is expected to contribute $30 million in annual EBITDA post-closing. It aligns with Arko’s strategic goals to enhance growth through acquisitions.
M&A Insights
Based on deal dataFrequently asked
Who acquired U.S. Petroleum Partners?
U.S. Petroleum Partners was acquired by Arko Petroleum, based in Novi. The deal was reported on August 10, 2026. Arko Petroleum is the wholesale division of Arko Corp., a convenience retailer. The company focuses on acquiring and expanding its fuel supply and distribution operations. Arko Petroleum is privately held and operates in Energy.
When did Arko Petroleum acquire U.S. Petroleum Partners?
Arko Petroleum's acquisition of U.S. Petroleum Partners was reported on August 10, 2026. Arko Petroleum has announced it will acquire U.S. Petroleum Partners for $205 million in cash plus inventory costs. This deal will significantly expand Arko's operations, bringing its total to over 2,500 wholesale locations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does U.S. Petroleum Partners do?
U.S. Petroleum Partners, LLC operates as a fuel supply and distribution platform. The company serves customers throughout the Great Lakes region and is known for its vertically integrated operations. It is privately held, operating in Energy, and is based in United States.