Pilot Flying J Plans to Fuel Up with Maxum Petroleum
July 25, 2012- Share:
PE-backed Pilot Flying J has announced that it will assume a controlling interest in Maxum Petroleum, an energy logistics company specializing in petroleum products and services. Pilot Flying J will utilize Maxum’s products and services at its retail and wholesale fuel centers across North America. The deal includes cash from Pilot Flying J and its sponsors, as well as a consolidation of its Western Petroleum business into Maxum. Existing investors in Maxum, including Metalmark Capital, Waud Capital and the company's management team, will re-invest in the new venture.
Energy Marketing
Old Greenwich, CT
Provider of refined petroleum products and services to commercial and industrial customers
Investors
BDT Capital Partners
(sponsor)
CVC Capital Partners
(sponsor)
Metalmark Capital
(sponsor)
Pilot Corporation
(sponsor)
Pilot Flying J
(platform)
Waud Capital Partners
(sponsor)
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