Petroleum Distribution

Investment Overview

Our Client is conducting a search to acquire fuel and lubricant distributors based in Michigan. Headquartered in Michigan, this family owned and managed Company specializes in the distribution of fuels and lubricants to commercial and industrial customers primarily on the east side of the state. The Company’s intent is to add one or more distribution operations to its current operations to expand geographic coverage within the commercial and industrial space.

The Company is well established, recognized and respected in the geography it currently serves. It has a long successful history of fair dealing and loyalty to its customer and employee base. This family owned business looks to maintain these qualities and this culture as it integrates new acquisitions into its operations.

Investment Strategy

The Company has completed one transaction, a merger, and is experienced in the acquisition process. Criteria for this acquisition have been created and are outlined below. Retail gas distribution is not of high interest at this time; however distributors with allied operations that would expand or enhance their current product offerings may be considered.

Investment Focus

The Company is pursuing the acquisition of one or more Petroleum and Lubricant Distributors
Solid relationship with a major oil company is preferred but not a requirement.

Primary Geographic Search Parameters: West Michigan, Southwest Michigan, South Central Michigan

Type: Asset Purchase – Complete buy-out preferred; however, open to majority purchase

Prefer a situation where existing owners would desire to remain involved in some capacity

Special considerations given to Acquisition Candidates with:

Petroleum and Lubricant Distribution – Commercial and Industrial accounts
DEF distribution capabilities
Non-hazardous waste handling capabilities and licensing
Bulk fuel and/or lubricant storage capabilities