Acquiring Company
ARKO Corp
Acquired Company
U.S. Petroleum Partners
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.
Other recent acquisitions in Commerce and Shopping and Mobile
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- ARKO Petroleum Corp. Completes Acquisition of U.S. Petroleum Partners, LLC (November 12, 2026)
- HEA Energy to acquire Seaway7 heavy transport fleet (November 11, 2026)
- Oryx sells Zambian downstream unit to Horizon (November 10, 2026)
- Archrock Services to Acquire HiVolt Energy Holdings in Merger Agreement (November 10, 2026)
- Bayou Midstream II acquires Argent Gas (November 9, 2026)
- Palmdale Oil acquires Tri-County Oil Distributors (November 9, 2026)
Who to call at ARKO Corp, and when
When ARKO Corp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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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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