Learn more about your rights as a consumer and how to spot and avoid scams. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. The purchase added 53 c-stores to Tri Star Energy's portfolio. Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. In each of these markets, the acquisition would result in a merger to monopoly for the retail sale of gasoline and diesel. 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. Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks. In the Matter of Tri Star Energy, LLC, a limited liability company; Hollingsworth Oil Company, Inc., a corporation; C & H Properties, a general partnership; and Mr. Ronald L. Hollingsworth, a natural person. any time of day Get What You Crave Explore Our Menus unlock savings Join Twice Daily Rewards Save money with access to all our special deals and points on every purchase. OF OPERATIONS (form 10-K), Verve Therapeutics Provides Pipeline Progress and Reports Fourth Quarter and Full Year 2022 Financial Results, Cerevel Therapeutics to Present at the 43rd Annual Cowen Health Care Conference, Neptune Wellness Solutions Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits (form 8-K), Beauty Health Co : Unregistered Sale of Equity Securities, Other Events (form 8-K), Vistagen Therapeutics, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), Rover Group, Inc. : Other Events, Financial Statements and Exhibits (form 8-K). Christmas is just around the corner! Are You Providing Your Store Managers the Support They Need? Tri Star Energy will divest some assets to, Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. | 1740 Ed Temple Blvd., Nashville, TN 37208 Privacy Policy Find legal resources and guidance to understand your business responsibilities and comply with the law. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. 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! "One is a retail site in Whites Creek and the other is a dealer site in Greenbrier.". NASHVILLE Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed number of outlets. The purchase price and terms of the acquisition were not disclosed. Fuels Market News. Buy 1 20oz Get 1 for 1*. 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. 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 "As we navigate these store conversions, our priority will continue to rest in our guests and store teams. Get news highlights delivered directly to your e-mail inbox. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. Federal government websites often end in .gov or .mil. The industrys largest distributors by sales volume, Corporate retail news affecting the convenience-store industry. Nashville, Tenn.-basedTri Star Energyone of the Mid-Souths premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Nashville, TN 37208. 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. 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. Providing the highest-quality service and offerings has always been top of mind for us and will continue to stay a constant throughout this transition.". When you purchase 15pack Pepsi products-a donation will be made, when you purchase two 20oz Pepsi products-a do Erin and Cumberland City Sudden Service are having a concert! Hollingsworth controls Hollingsworth Oil and C & H Properties, both based in Springfield, Tenn. Hollingsworth Oil has a network of 54 c-stores under the Sudden Service name with attached retail fuel outlets in middle Tennessee. Only available in the Twice Daily Rewards app! The Federal Trade Commission works topromote competition, and protect and educate consumers. For more information about Tri Star Energy, visitwww.TriStarTN.com. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. Read More. Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. Sign up to receive texts from CSP on news and insights that matter to your brand. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. 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. 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 later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Lemon-lime in a whole new way with Starry. Moving your business ahead. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Tri Star Energy to acquire Hollingsworth Oil retail fuel assets Convenience Store News & Petroleum From June 29: Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed number of outlets. Get todays need-to-know convenience industry intelligence. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. How do you enter? 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. The purchase price for the acquisition and terms of the agreement were not disclosed. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. Tri Star Energy to acquire Hollingsworth Oil retail fuel assets Convenience Store News & Petroleum Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed . Message sent. When you step in to one of our convenience stores, you feel the difference. Posted on Nov 17, 2020 We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! In each of these markets, the acquisition would result in a merger to monopoly, the agency said. 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. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. Tri Star Energy and Nutrition | Lenoir City TN Website Help See if you qualify for a free subscription to our industry leading paper magazine. Waller assisted Tri Star Energy with the acquisition, the financing of the transaction, and with obtaining regulatory approvals required to complete the transaction. 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. Proposes Dividend for the Year 2022, Trisura Group Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022, TSX edges up at start of March as resource shares rally, Correction to Royal Bank of Canada Earnings Article, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Agreement Containing Consent Orders (62.56 KB), Analysis of Agreement Containing Consent Orders to Aid Public Comment (47.2 KB), FTC Requires Divestitures as Condition of Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Ritchie Bros Auctioneers Inc : Other Events, Financial Statements and Exhibits (form 8-K), MICROVISION, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS He was the leader in the project for the deepening of the channel in the river from Savannah to the sea. Looking for legal documents or records? Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 1. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Under the proposed consent agreement, Tri Star would be required to divest to Cox Oil Company, Inc. retail fuel assets in Whites Creek and Greenbrier within 10 days after Tri Star completes the acquisition. Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. 1740 Ed Temple Blvd. Nashville.-based Tri Star Energy, which owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast, has acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. no. Search the Legal Library instead. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? The FTC determined that the deal would violate federal antitrust law, and Tri Star Energy, Hollingsworth Oil, C & H Properties and Ronald L. Hollingsworth have agreed to divest the assets, according to agency documents. Tri Star Energy 2942 Maxey Rd Cedar Hill TN 37032 (615) 746-5263 Claim this business (615) 746-5263 Website More Directions Advertisement From the website: At Tri Star Energy, we keep you moving. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! Stop by ANY Sudden Service and register for your chance at Christmas Cash. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. See how we can support you through our robust, customizable fuel programs and station services. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Before sharing sensitive information, make sure youre on a federal government site. tri - star energy llc. At Tri Star Energy, we keep you moving so you can keep the community moving. We work to advance government policies that protect consumers and promote competition. U.S. FDA approves Reata's rare genetic disorder drug, Lowe's Companies Down Over 6%, On Track for Largest Percent Decrease Since November 2020 -- Data Talk, Compaa de Minas Buenaventura S.A.A. Read More. For the businesses and organizations that serve our community, slowing down isnt an option. 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. Copyright 2023 Surperformance. 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. Read More. With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. We'll get back to you soon. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. 10 Dos and Donts of Effective Checkout Queue Merchandising. Tri-Star-Energy-Logo. 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.. Latest News. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. 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. The company agreed to sell retail fuel assets in Whites Creek and Greenbrier, Tenn., within 10 days after it completes its transaction with Hollingsworth. Tri Star Energy paid $2.15 million for the 0.23 acres at 405 46th Ave. N., which. "The Sudden Service and Southern Traders families that people have grown to know and love will stay the same, just with a new, elevated storefront and expanded product offerings to enjoy," he said. Get the latest business insights from Dun & Bradstreet. Get news highlights delivered directly to your e-mail inbox. Location: People at location: North America: 339: Tri Star Energy acquired the "Sudden Service" chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. The deal gives. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. All Rights Reserved. An official website of the United States government. 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. The deal included 13 c-stores. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. tri star energy inc. tri - star energy. Under the terms of the proposed consent order, Tri Star will divest undisclosed retail fuel assets in Whites Creek and Greenbrier to Cox Oil Co. Inc., Union, Tenn., within 10 days after Tri Star completes the acquisition. By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. All Rights Reserved. Construction Equipment Auction Results - 0 Listings | MarketBook.ca - Page 0 of 0 Auction Results At MarketBook.ca. If you have been a customer of Sudden Service over the past 10 years-then you know that in October we raise money for St. Jude Children's Research hospital. Website: https://energycommerce.house.gov/ Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. It also owns premium coffee brand White Bison Coffee, which includes locations throughout middle Tennessee and northern Alabama. "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. Our systems have a proven track record of efficiency, accuracy, and cost-effectiveness. Expires 2/28/23. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. See how we can support you through our robust, customizable fuel programs and station services. Peek inside new convenience stores to uncover the best in retail store design across North America. Page 1 of 1. * *Limit one per transaction. Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. 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. Stop by ANY Sudden Service and register for your chance at Christmas Cash. 117-44] hearing on national defense authorization act for fiscal year 2022 and oversight of previously authorized programs before the committee on armed services house of representatives one hundred seventeenth congress first session 117th congress (2021-2022) There is also another way that you can During the month of October you can help support kids of St. Jude at your local Sudden Service. We will give away $500 every Monday, Wednesday and Hello Christmas Cash! Date: 05/01/2002 Location: Data will display when it becomes available. 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. The purchase adds 53 c-stores in Kentucky. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. 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