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Yesway Raises $190 Million In New Equity To Fund Its New Store Construction Program

PUBLIC · YSWYJan 30, 2023

Amount Raised

$190 Million

Round Type

Venture

Fort WorthFood And BeverageGroceryRetail

Investors

HPS Investment PartnersBw Gas & Convenience Holdings, Llc

Description

BW Gas & Convenience Holdings, LLC d/b/a Yesway is pleased to announce that it has raised $190 million in new equity in the second half of 2022 to continue funding its successful new store construction program. The majority of the structured equity comes from HPS Investment Partners ("HPS"), a leading global investment firm with $95 billion of assets under management.

Quick answer

Yesway raised $190 Million in a funding round, dated January 30, 2023. Investors: HPS Investment Partners and Bw Gas & Convenience Holdings, Llc. Yesway is based in Fort Worth, Texas, United States.

How much did Yesway raise?
Yesway raised $190 Million in a funding round on January 30, 2023.
Who invested in Yesway?
HPS Investment Partners and Bw Gas & Convenience Holdings, Llc are named as investors in this round.
What does Yesway do?
Yesway is an award-winning convenience store operator established in 2015 and headquartered in Fort Worth, Texas, operating 447 stores across nine Midwest and Southwest states, known for its iconic food service..
Where is Yesway based and how big is it?
Yesway is based in Fort Worth, Texas, United States. Fundz records about 4,600 employees.
Who are the decision-makers at Yesway?
Fundz holds 1 contact at Yesway. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Grocery around the same time

Companies in the same sectors as Yesway that raised within 45 days of this round, from Fundz verified event records.

  • Cerebelly raised an undisclosed amount (Series A) on March 9, 2023.
  • Cerebelly raised $7.1M on February 24, 2023.
  • Reed’s raised $2.5M (Seed) on February 14, 2023.
  • Terraa raised $1.5M (Seed) on February 14, 2023.
  • Partner Pet raised an undisclosed amount (Funding Round) on February 14, 2023.
  • Chamberlain Coffee raised $7M on March 10, 2023.

Who to call at Yesway, and when

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Company Information

Company

Yesway

Location

Fort Worth, Texas, United States

About

Yesway is an award-winning convenience store operator established in 2015 and headquartered in Fort Worth, Texas, operating 447 stores across nine Midwest and Southwest states, known for its iconic food service offerings, broad grocery selections, and private-label products such as the famous Allsup’s deep-fried burrito, and driven by strategic acquisitions, the development and opening of 88 new stores in recent years, and a strong commitment to customer satisfaction and community engagement, positioning the company among the leading convenience retailers in the United States.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.