The store conversions will launch throughout middle Tennessee with the expansions moving further south as Tri Star Energy prepares to convert its nine Dothan, Ala.-area Southern Traders c-stores into updated Twice Daily locations. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. When you step in to one of our convenience stores, you feel the difference. Tri Star Energy is currently seeking an experienced, dedicated, and detailed Project Manager to join our Information Technology team at our Store Support Center in Nashville, TN. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Tri Star Energy, LLC and Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth have agreed to divest, retail fuel assets to settle charges that Tri Star's proposed acquisition of certain assets from Hollingsworth would violate federal antitrust law.Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states . Tri Star Energy and Nutrition | Lenoir City TN On August14, 2020, the Commission announced it had approved thefinal consent orderin this matter. Our systems have a proven track record of efficiency, accuracy, and cost-effectiveness. * Only available in the Sudden Service Rewards app. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Sep 15, 2021. Buy 1 20oz Get 1 for 1*. Sleep and WakeSupports iPad 2nd Gen Pencil charging, built-in provides automatic sleep/wake function to save energy when the lid is closed, and precise cutouts for cameras, speakers, ports and buttons without removing the case Full access to all ports and functions. If you need assistance with registration via the website, please email: Lisa Davis at ldavis@tristarenergy.com or call 615-517-1479 and leave a message. 3,424 were here. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. He was the leader in the project for the deepening of the channel in the river from Savannah to the sea. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. The purchase price for the acquisition and terms of the agreement were not disclosed. Stop by ANY Sudden Service and register for your chance at Christmas Cash. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Nashville, TN 37208. tri - star energy llc. Members help make our journalism possible. The coolest thing-Jason Aldean will be live via livestream at 7pm. Commercial Fuels Newsletter, Growth Energy Energy Urges EPA to Examine Real-World Data on Ethanols Air Quality Benefits, Eastern Energy Expo 2020 Online Venue Registration Now Open, Weekly Energy Market Situation, March 27, 2017, Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations, EIA: U.S. Refinery Capacity Reaches Record High at The Start of 2019. 1. See auction date, current bid, equipment specs, and seller information for each lot. A range of grab-and-go snacks, including organic brands, to a selection of staple groceries; A fresh deli case that provides handmade and healthy options featuring fruits, sandwiches, salads and snacks; Freshly prepared breakfast and lunch sandwiches; and. . According to the complaint, which was first announced in June,the proposed acquisition would harm competition for both retail gasoline and retail diesel in two local markets: Whites Creek, Tennessee and Greenbrier, Tennessee. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! The Sudden Service brand is well-known in the areas in which it operates, allowing us to continue to grow and build that brand in the future.". Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks. It operates 89 c-stores with fuel, including 82 in Tennessee under the Twice Daily, Hightail and t-Fuel names, and it sells fuel under a variety of third-party branded and unbranded banners. "There are 53 Sudden Service retail stores we will acquire, and we must divest of two sites,"Dawn Boulanger, vice president of marketing for Tri Star Energy, told CSP Daily News. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquiredSpringfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Federal government websites often end in .gov or .mil. Entry into each relevant market would not be timely, likely or sufficient to deter or counteract the anticompetitive effects arising from the acquisition, the FTC said. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? The transaction involved over 80 real property transfers and the acquisition of assets from multiple affiliated sellers, in the midst of the COVID-19 global pandemic. Location: People at location: North America: 339: Tri Star Energy corporate office is located in 1740 Ed Temple Blvd, Nashville, Tennessee, 37208, United States and has 385 employees. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Alexandria, VA 22314 They have great locations, many in areas where we do not currently operate," said Steve Hostetter, CEO of Tri Star Energy. "As we navigate these store conversions, our priority will continue to rest in our guests and store teams. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy, LLC's proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, "Hollingsworth") would violate federal antitrust law.. Tri Star, a Nashville, Tennessee-based energy company . www.convenience.org, Retailer-Marketer Newsletter The complaint alleged that, without the remedy, the acquisition would substantially lessen competition for the retail sale of gasoline and diesel in Whites Creek and in Greenbrier. Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Tri Star Energy, LLCs proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, Hollingsworth) would violate federal antitrust law. The deal included 13 c-stores. 2023 Tri Star Energy, LLC. Strategic deals in 2022 included: Southwestern Energy Company's acquisition of Indigo Natural Resources LLC in a cash and stock transaction (upstream); the merger of Cimarex Energy Co and Cabot Oil & Gas Corp in an all-stock transaction (upstream); Crestwood Equity Partners LP's acquisition of Oasis Midstream Partners LP in an all-stock Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. While the converted stores will be rebranded under the Twice Daily name, returning guests can expect the same teams and trusted guest service the brands are known for, according to Hostetter. An official website of the United States government. 2023 Waller Lansden Dortch & Davis, LLP. Looking for legal documents or records? Tri Star Energy, LLC, Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, which operate fuel outlets and convenience stores, agreed to settle FTC charges that Tri Star's acquisition of retail outlets and related interests of Hollingsworth would violate antitrust law. Do not sell my personal infoPrivacy PolicyContact UsRSS, Tri Star Energy to Acquire Hollingsworth Oil Retail Fuel Assets, FTC requiring divestitures in two markets to avoid antitrust violation, Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. Copyright 2023 Surperformance. Lemon-lime in a whole new way with Starry. Tri Star also supplies fuel to a network of 285 dealer locations. For more information, see media coverage here. Tri Star, based in Nashville, owns and operates. Tri Star, based in Nashville, owns and operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. Latest News. Fuels Market News. Sign Up sub & a free drink Try the Club Sub Buy a club sub and get a 20oz fountain drink on us. Looking for legal documents or records? The transaction involved over 80 real property transfers and the acquisition of assets from multiple affiliated sellers, in the midst of the COVID-19 global pandemic. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Tri Star Energy, LLC, Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, which operate fuel outlets and convenience stores, agreed to settle FTC charges that Tri Stars acquisition of retail outlets and related interests of Hollingsworth would violate antitrust law. Christmas is just around the corner! Tri Star will sell assets in two markets Gas station and convenience store operator Tri Star Energy LLC can acquire portions of Hollingsworth Oil Co. after the purchaser agreed to divest certain assets, federal antitrust regulators said. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Under the terms of the proposed consent order, Tri Star will divest undisclosed retail fuel assets in Whites Creek and Greenbrier to, Alimentation Couche-Tard to Acquire Big Red Stores, bp Leans Into Retail, Alternative Energy With Deal to Buy TravelCenters of America. NACS, the association that advances convenience and fuel retailing, is the publisher of Fuels Market News, which provides fuels industry news and information that readers need to plan, execute and settle over $1.5 trillion in fuel transactions in the U.S. each year. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. Website Builders; chaterbate search. For more information about Tri Star Energy, visitwww.TriStarTN.com. Nashville, Tenn.-based Tri Star Energy one of the Mid-South's premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. Message sent. Significant entry barriers include the availability of attractive real estate, the time and cost associated with constructing a new retail fuel outlet and the time associated with obtaining necessary permits and approvals.. The Sudden Service brand is well-known in the areas in which it operates, allowing us to continue to grow and build that brand in the future.. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. Our Mailing Address: Welcome to a deep dive into the c-store landscape. Keep up with the latest Tri Star Energy happenings. Get the latest business insights from Dun & Bradstreet. Cox Oil operates 40 Little General c-stores in Tennessee. Under the terms of the proposed consent order, Tri Star is required to divest to Cox Oil Company, Inc. retail fuel assets in Whites Creek and Greenbrier within 10 days after completing the acquisition. Tri Star Energy Jul 2020 - Present2 years 8 months Nashville, Tennessee, United States Director Regulatory Compliance Hollingsworth Oil Company Jun 2012 - Jul 20208 years 2 months. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. An official website of the United States government. About a year later, Tri Star acquired Abbeville, Alabama-based Herndon Oil Corp., which owned Southern Traders, in September 2021. Learn more about the suite of brands powered by Tri Star Energy. Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. See auction date, current bid, equipment specs, and seller information for each lot. OF OPERATIONS (form 10-K), Proassurance Corp : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K), COMSCORE, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Only available in the Twice Daily Rewards app! Currently I am the Investor Relations & Strategy Manager at Contact Energy, playing my part as Contact focuses on leading New Zealand's decarbonisation. Photo of the Day: April 29, 2021. Were wholesale fuel distributors who understand your needs. TriStar Energy - A Hollingsworth Oil Company TriStar Energy Get Quote Call now Get directions Updates Testimonials About us Gallery Contact Sudden Service Convenience Stores A Hollingsworth Oil Company Opening at 7:00 AM on Monday Get Quote Updates Posted on Nov 24, 2020 Happy Thanksgiving from Sudden Service! Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Learn more about your rights as a consumer and how to spot and avoid scams. In July 2020, Tri Star Energy acquired Tennessee-based Hollingsworth Oil and its convenience retail brand, Sudden Service. See how we can support you through our robust, customizable fuel programs and station services. With unparalleled energy he instituted a campaign of education, enlist ing the interest and support of congressmen in every state in the Union, at a time when there was a growing tendency to curtail river and harbor appropriations. A long-term partner in Mid-South communities, Tri Star is committed to cultivating local jobs, local causes, superior customer care and integrity across its commercial, wholesale and retail operations. Tri Star Energy acquired the "Sudden Service" chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. Find legal resources and guidance to understand your business responsibilities and comply with the law. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy's proposed acquisition of certain assets from Hollingsworth Oil Company, C & H Properties, and Hollingsworth would violate federal antitrust law. See if you qualify for a free subscription to our industry leading paper magazine. Copyright 2023 WTWH Media LLC. We ask that all remittance be paid by September 15, 2022. Apr 29, 2021. Get todays need-to-know convenience industry intelligence. In addition to traditional convenience items, Twice Daily's offerings include: Guests can also enjoy discounted items and limited-time offers exclusively available through the brand's loyalty program, Twice Daily Rewards. The twenty-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. The purchase price for the acquisition and terms of the agreement were not disclosed. The 20-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations in Tennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. At Tri Star Energy, we keep you moving so you can keep the community moving. Address:* Delivery Prohibition Start Date: 5/18/2016: City/State/Zip:*--City--ACKLEY ACKWORTH ADAIR ADEL AFTON AGENCY AINSWORTH AKRON ALBERT CITY ALBIA ALBION ALBURNETT ALDEN ALEX Tri Star Energy Global Presence. Tri Star acquired Tennessee-based Hollingsworth Oil, which owned Sudden Service, in July 2020. Scott Garfinkel, with Raymond James, represented the seller. By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. The complaint alleges that the proposed acquisition would harm competition for both retail gasoline sales and retail diesel fuel sales in the two local markets of Whites Creek, Tennessee and Greenbrier, Tennessee. 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