Matrix Capital Markets advised Boyett Petroleum on the sale of its retail business and acquisition of United Pacific's wholesale fuels business.
Matrix Capital Markets advised Boyett Petroleum on the sale of its retail business and acquisition of United Pacific's wholesale fuels business.
Matrix Capital Markets Group, Inc., a leading, independent investment bank, announces that it has advised Modesto, CA-based Boyett Petroleum on the sale of its ten company-operated petroleum marketing and convenience retail stores to Apro, LLC d/b/a United Pacific. United Pacific will lease nine of the stores it acquired from Boyett and related-party landlords under long-term lease agreements. In a separate transaction, Boyett has acquired United Pacific’s wholesale fuels distribution business, which consists of approximately 200 fuel supply accounts.
Powered By GrowthZone