Petroleum Marketing Group Overview
- Year Founded
-
2001
- Status
-
Private
- Employees
-
121
- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$630M
Petroleum Marketing Group General Information
Description
Distributor of refined petroleum products catering to clients in Falls Church, Virginia. The company offers fuel distribution, operating convenience stores and service restaurants, thereby enabling the fuel companies to distribute their fuel efficiently.
Contact Information
Website
www.petromg.comCorporate Office
- 2900 Telestar Court
- Falls Church, VA 22042
- United States
Corporate Office
- 2900 Telestar Court
- Falls Church, VA 22042
- United States
Petroleum Marketing Group Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
1. Debt - General | 10-Dec-2021 | $630M | Completed | Generating Revenue |
Petroleum Marketing Group Signals
Petroleum Marketing Group Investments & Acquisitions (14)
Petroleum Marketing Group’s most recent deal was a Merger/Acquisition with Springer Eubank (Retail & Fuel Divison). The deal was made on 02-Nov-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Springer Eubank (Retail & Fuel Divison) | 02-Nov-2023 | Merger/Acquisition | Department Stores | ||
Springer Eubank Company | 02-Nov-2023 | Merger/Acquisition | Energy Transportation | ||
Mystic Oil Company | 22-Jul-2023 | Merger/Acquisition | Energy Traders and Brokers | ||
Li'l Thrift Food Marts (43 Short Stop Stores ) | 12-Apr-2023 | Corporate Asset Purchase | Buildings and Property | ||
Short Stop Food Marts ( 43 retail stores) | 12-Apr-2023 | Corporate Asset Purchase | Automotive |
Affiliates
Subsidiaries (5)
Name | Industry | Location | Year Founded |
---|---|---|---|
Springer Eubank Company | Wilmington, NC | 1976 | |
Davis Travel Centers | Stony Creek, VA | 1956 | |
Mystic Oil Company | Mystic, CT | 1956 | |
Henny Penny (Distributors/Wholesale) | Bethel, CT | 1949 | |
Holt Oil | Wilmington, NC | 1930 |
Petroleum Marketing Group FAQs
-
When was Petroleum Marketing Group founded?
Petroleum Marketing Group was founded in 2001.
-
Where is Petroleum Marketing Group headquartered?
Petroleum Marketing Group is headquartered in Falls Church, VA.
-
What is the size of Petroleum Marketing Group?
Petroleum Marketing Group has 121 total employees.
-
What industry is Petroleum Marketing Group in?
Petroleum Marketing Group’s primary industry is Other Utilities.
-
Is Petroleum Marketing Group a private or public company?
Petroleum Marketing Group is a Private company.
-
What is Petroleum Marketing Group’s current revenue?
The current revenue for Petroleum Marketing Group is
. -
How much funding has Petroleum Marketing Group raised over time?
Petroleum Marketing Group has raised $630M.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »