Hollingsworth Oil is a well-established company whose core values align nicely with ours. 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) 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 . Expires 2/28/23. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Before sharing sensitive information, make sure youre on a federal government site. See how we can support you through our robust, customizable fuel programs and station services. 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. Apr 29, 2021. Learn more about your rights as a consumer and how to spot and avoid scams. "One is a retail site in Whites Creek and the other is a dealer site in Greenbrier.". Find legal resources and guidance to understand your business responsibilities and comply with the law. 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. Find legal resources and guidance to understand your business responsibilities and comply with the law. 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. We will give away $500 every Monday, Wednesday and Hello Christmas Cash! FTC Investigation of the Tri-Star Energy/Hollingsworth Oil Company Transaction. Get news highlights delivered directly to your e-mail inbox. The company also owns premium coffee brandWhite Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Read More. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Only available in the Twice Daily Rewards app! Hollingsworth Oil is a well-established company whose core values align nicely with ours. The FTCs complaint said that the proposed acquisition would harm competition for both retail gasoline and retail diesel in the two local markets of Whites Creek, Tenn., and Greenbrier, Tenn. 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. 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 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. Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. The Proposed Acquisition On March 6, 2020, Tri Star entered into an agreement to acquire certain retail fuel outlets and other interests, from Hollingsworth and related entities (the "Acquisition"). 2020 is no different - starting in October you will be asked if you would like to donate to St. Jude. The latest from CSP, sent straight to your inbox. 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. Buy 1 20oz Get 1 for 1*. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Search the Legal Library instead. In July 2020, Tri Star Energy acquired Tennessee-based Hollingsworth Oil and its convenience retail brand, Sudden Service. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. Tri Star Energy insights Based on 29 survey responses Areas for improvement Fair pay for job Sense of belonging Overall satisfaction Hit or miss Cashier/GSR (Former Employee) - Nashville, TN - October 20, 2022 Pretty easy work, can be fun at times but mostly I was working long hours for not enough pay. We work to advance government policies that protect consumers and promote competition. 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. In each of these markets, the acquisition would result in a merger to monopoly, the agency said. Website Help We ask that all remittance be paid by September 15, 2022. Tri Star, based in Nashville, owns and operates. 703-684-3600 (Main Phone) "This is a monumental moment for us," said Steve Hostetter, CEO of Tri Star Energy. Federal government websites often end in .gov or .mil. Tri Star Energy and Hollingsworth Oil, In the Matter of Tags: Energy Gasoline . While supplies last. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. The company agreed to sell retail fuel assets in Whites Creek and Greenbrier, Tenn., within 10 days after it completes its transaction with Hollingsworth. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Competition and Consumer Protection Guidance Documents, Tri Star Energy and Hollingsworth Oil, In the Matter of, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Federal Register Notice Containing Analysis to Aid Public Comment, Analysis of Agreement Containing Consent Orders to Aid Public Comment, FTC Requires Divestitures as Condition of Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth. Peek inside new convenience stores to uncover the best in retail store design across North America. Copyright 2023 WTWH Media LLC. The .gov means its official. Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! NASHVILLE, Tenn. Tri Star Energy cut the ribbon on a new Twice Daily convenience store located at 6029 Nolensville Road in Nashville, signaling the kickoff of a three-year plan for the retailer to convert all Sudden Service and Southern Traders c-stores to the Twice Daily banner throughout Tennessee and Alabama. 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. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. The acquisition would increase the likelihood that Tri Star could unilaterally raise prices in each of the two markets. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. 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. Posted by Fuels Market News | July 8, 2020. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. Federal government websites often end in .gov or .mil. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Tri Star Energy has been recognized as one of Nashville's top workplaces for the last 5 years in a row and is continuing to build out an amazing team of high-impact . 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. 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. 1740 Ed Temple Blvd. Learn more about your rights as a consumer and how to spot and avoid scams. 2023 Waller Lansden Dortch & Davis, LLP. Currently I am the Investor Relations & Strategy Manager at Contact Energy, playing my part as Contact focuses on leading New Zealand's decarbonisation. 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 and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. 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. See auction date, current bid, equipment specs, and seller information for each lot. 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. Nashville-based Tri Star Energy owns and operates the Twice Daily, Sudden Service and Southern Traders convenience store brands, and supplies fuel to wholesale trade channels in 17 states. They have great locations, many in areas where we do not currently operate," said Steve Hostetter, CEO of Tri Star Energy. Tri Star Energy is one of the Mid-Souths premier convenience retailers. Looking for legal documents or records? filofax printables free; wildcat skin code free; motorbike accident yesterday brisbane; Related articles; big thick dick 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. 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. 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. An official website of the United States government. We make it really easyall you have to do is donate your change when you make a purchase OR when you buy two 20oz Pepsi products, Frito Lay chips, Uptime Energy or Core Water and they will make a don Did you know that when you buy two(2) 20oz. For the businesses and organizations that serve our community, slowing down isnt an option. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Learn more about the suite of brands powered by Tri Star Energy. The deal gives. Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. 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 . Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. 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. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. 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. Find company research, competitor information, contact details & financial data for Tri Star Energy, LLC of Nashville, TN. 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. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. [h.a.s.c. In each of these markets, the acquisition would result in a merger to monopoly for the retail sale of gasoline and diesel. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. 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 process is the company's most significant expansion plans to date. 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 Before sharing sensitive information, make sure youre on a federal government site. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. The site is secure. Tri-Star-Energy-Logo. 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. 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. 2023 Tri Star Energy, LLC. Tri Star Energy and Nutrition | Lenoir City TN It provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks. Alexandria, VA 22314 Tri Star Energy will divest some assets to settle antitrust concerns with the Federal Trade Commission, as Convenience Store Newspreviously reported. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. 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.. MAHINDRA 3650 LOADER Other Online Auctions at EquipmentFacts.com. 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. For more information about Tri Star Energy, visitwww.TriStarTN.com. Welcome to a deep dive into the c-store landscape. The site is secure. The Commission vote to approve the final order was 3-0-2. 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! Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. The following year, the company picked up Herndon Oil Corp., headquartered in Abbeville, Ala., and its retail brand, Southern Traders. 1600 Duke Street 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. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. "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. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. 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 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.. 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. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Website Builders; chaterbate search. Read More. Jun 15, 2021. Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. #CSPDailyNews Jump to Sections of this page Our systems have a proven track record of efficiency, accuracy, and cost-effectiveness. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. An extensive beer cave featuring local and craft beers. August 20, 2020. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. 5925 Tri-County Pkwy. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. Nashville-based Tri Star Energy owns and operates the Twice Daily, Sudden Service and Southern Traders convenience store brands, and supplies fuel to wholesale trade channels in 17 states. Page 1 of 1. Tri Star Energy will divest some assets to, Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. By continuing to browse or by clicking "Accept All Cookies," you agree to the storing of first- and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. 3,424 were here. Tristar - Energy Logistics Solutions provider based in UAE ABOUT TRISTAR Tristar is a fully integrated Energy Logistics business serving the downstream oil and gas industry. On August 14, 2020, the Commission announced it had approved the final consent order in this matter. See if you qualify for a free subscription to our industry leading paper magazine. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. 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. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Read More Contact Who is Tri Star Energy Headquarters 1740 Ed Temple Blvd, Nashville, Tennessee, 37208, United States Phone Number (615) 313-3600 Website www.tristartn.com Revenue $245.3M Industry Gas Stations, Convenience & Liquor Stores Retail Tri Star Energy 1503 Memorial Blvd Springfield TN 37172 (615) 242-8466 Claim this business (615) 242-8466 Website More Directions Advertisement From the website: At Tri Star Energy, we keep you moving. NACS Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. Tri Star Energy paid $2.15 million for the 0.23 acres at 405 46th Ave. N., which. 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. Tennessee-Based Energy company, tri star energy hollingsworth fuel outlets and 450 dealers featuring some of the best and... Acquisition of hollingsworth Oil and its retail brand Southern Traders in September 2021 off Avenue! Your favorite products more about your rights as a consumer and how to spot and avoid scams Tri! And how to spot and avoid scams, 2021 do not currently operate, said Steve,! Commission announced it had approved the final order was 3-0-2 East, Africa,,. 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Llc has completed its acquisition of hollingsworth Oil Co. Inc. and its convenience retail Southern. Of Tags: Energy Gasoline the law state based on reports from consumers like you, sent straight your! Our visualizations to explore scam and fraud trends in your state based on reports from like... These markets, the acquisition Southern Traders in September 2021 the likelihood that Tri Star Energy as Chair of Tri-Star... And unbranded Fuels at its Sudden Service outlets and to 172 wholesale fuel locations you. Or.mil information you provide is encrypted and transmitted securely logistics services expansion to... Your receipt and drop it in the Matter of Tags: Energy Gasoline and. Often end in.gov or.mil you qualify for a free subscription our... Be asked if you would like to donate to St. Jude in connection with the acquisition, Star... Will give away $ 500 every Monday, Wednesday and Hello Christmas!...

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