Holmes Oil Company (Cruizers) has been acquired by Refuel (a portfolio company of First Reserve)

Client – Holmes Oil Company (Cruizers)

Holmes Oil

Owner and operator of the Cruizers chain of 26 convenience stores in the Raleigh-Durham, NC area.

Counterparty – Refuel

Refuel

Growth platform focused on the highly fragmented retail fuel distribution and convenience store sector.

* Transaction completed by Northborne professional(s) at prior firm.

Deal Highlights

Industry
Food & Consumer
Client Type
Closely-Held
Counterparty Type
PE-Backed Strategic
Headquarters
Chapel Hill, NC

Deal Team

Managing Director

Paul Jevnick