Acquiring Company
LV Petroleum
Acquired Company
TravelCenters of America
Description
LV Petroleum LLC has taken over operations at the TA TravelCenter in Albert Lea, Minnesota. This acquisition enhances their network of travel centers, providing essential services for travelers. The site includes a range of dining options and a dedicated truck service center. This move reflects LV Petroleum's strategy to expand and improve travel services across the country.
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M&A Insights
Based on deal dataFrequently asked
Who acquired TravelCenters of America?
TravelCenters of America was acquired by LV Petroleum, based in Las Vegas. The deal was reported on June 17, 2026. LV Petroleum is a significant travel center operator with a strong presence in Nevada and Arizona. LV Petroleum is privately held and operates in Travel.
When did LV Petroleum acquire TravelCenters of America?
LV Petroleum's acquisition of TravelCenters of America was reported on June 17, 2026. LV Petroleum LLC has taken over operations at the TA TravelCenter in Albert Lea, Minnesota. This acquisition enhances their network of travel centers, providing essential services for travelers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TravelCenters of America do?
TravelCenters of America Inc., part of the bp portfolio, is a full-service travel center network operating under the TA®, Petro Stopping Centers® and TA Express® brands. It is privately held, operating in Retail, and is based in Westlake.
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