Albemarle Oil
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Albemarle Oil - overview
Established
1939
Location
-, NC, US
Primary Industry
Retail
About
Based in North Carolina, US, and founded in 1939, Albemarle Oil Co. dba ALCO brand offers its products and services through various convenience stores and retail fuel stations. In August 2021, Refuel Operating Company, LLC, a portfolio company of First Reserve, agreed to acquire Albemarle Oil Co and it was completed later. As of 2022, the company is owned by Pat Molamphy and Larry Graham.
The company offers coffee, fountain soda, and snacks to its customers. The firm is operational through 28 convenience stores and eight dairy queen quick-service restaurants. The firm offerings cover the geographical location of North and South Carolina both.
Current Investors
First Reserve, Refuel Operating Company, LLC
Primary Industry
Retail
Sub Industries
Drug Stores/Convenience Stores
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Albemarle Oil - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Albemarle Oil | - |
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