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ARKO Corp. Completes Acquisition of U.S. Petroleum Partners, LLC

PUBLIC · ARKONov 12, 2026

Acquiring Company

ARKO Corp

Acquired Company

U.S. Petroleum Partners

RichmondClevelandCommerce and ShoppingMobileCommerce And ShoppingRetailEnergyOil And Gas

Description

On November 10, 2026, ARKO Petroleum Corp., a subsidiary of ARKO Corp., finalized the acquisition of the assets and liabilities of U.S. Petroleum Partners, LLC. The transaction includes two fuel terminals and the right to supply fuel to approximately 400 dealer locations. The acquisition was funded through cash consideration and the issuance of shares valued at $30 million, subject to certain financial targets.

Quick answer

ARKO Corp is acquiring U.S. Petroleum Partners, announced November 12, 2026. ARKO Corp is based in Richmond, Virginia, United States.

How much did ARKO Corp pay for U.S. Petroleum Partners?
The deal value was not disclosed.
What does ARKO Corp do?
ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States.
Where are ARKO Corp and U.S. Petroleum Partners based?
ARKO Corp is based in Richmond, Virginia, United States. U.S. Petroleum Partners is based in Cleveland, Ohio, United States.

Source: Fundz verified event record.

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Company Information

Company

ARKO Corp

Location

8565 Magellan Pkwy

Richmond, Virginia, United States

About

ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, we operate A Family of Community Brands that offer delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. Our high value fas REWARDS® loyalty program offers exclusive savings on merchandise and gas. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites; and fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites.

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Frequently asked

Who acquired U.S. Petroleum Partners?

U.S. Petroleum Partners was acquired by ARKO Corp, based in Richmond. The deal was reported on November 12, 2026. ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. ARKO Corp is publicly traded (ARKO) and operates in Commerce and Shopping.

When did ARKO Corp acquire U.S. Petroleum Partners?

ARKO Corp's acquisition of U.S. Petroleum Partners was reported on November 12, 2026. On November 10, 2026, ARKO Petroleum Corp., a subsidiary of ARKO Corp., finalized the acquisition of the assets and liabilities of U.S. Petroleum Partners, LLC. 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 Cleveland.

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