06.09.2023 Williams Mullen Represents WTG Fuels in Sale to ARKO Subsidiary
A Williams Mullen team, led by Larry Parker and Mary Katherine McGetrick, served as legal counsel to WTG Fuels Holdings, LLC in the sale of its retail motor fuels, convenience retail, and fleet fueling businesses to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO). The assets sold to GPM included 24 Uncle’s branded convenience stores, 68 Gascard branded cardlock sites, 43 private cardlock sites, the Company’s Gascard fleet card assets, and nine consignment and wholesale dealer accounts.
WTG Fuels is a large, diversified fuels distributor and convenience retailer with operations across West Texas and Southeast New Mexico.
More than 36 members of the Williams Mullen team played a role in this transaction, with key contributions made by David Allen, Nico Balbontin, Paula Morgan and Alston Underwood.
For more information on this deal, click here.