FJ Management Inc.
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FJ Management Inc. - overview
Established
1968
Location
Ogden, UT, US
Primary Industry
Oil & Gas
About
FJ Management Inc. is a diversified company engaged in fuel distribution, travel centers, and related services, primarily serving the needs of long-haul truck drivers and travelers across the United States. Founded in 1968, FJ Management Inc. operates primarily in the fuel distribution and travel center sector.
The company is headquartered in Ogden, US. In April 2014, Warburg Pincus acquired Electronic Funds Source LLC from FJ Management Inc. for USD 1 billion. The current CEO is Crystal Maggelet, who is instrumental in overseeing the company’s operations and strategic direction.
FJ Management Inc. operates a comprehensive network of travel centers and gas stations, catering to professional drivers and travelers. Their core offerings encompass fuel services, diverse food and beverage options, and loyalty programs such as myRewards. The gas stations provide various fuel types, including gasoline and diesel, while travel centers feature dining options like pizza, snacks, and beverages, ensuring that both vehicles and travelers can refuel during their journeys.
The company serves customers nationwide through its extensive network of Pilot, Flying J, and One9 branded locations strategically positioned across the US. FJ Management Inc. generates revenue primarily through fuel sales and in-store purchases at their travel centers. Transactions typically involve customers purchasing gasoline or diesel fuel, often alongside food and beverage offerings.
Their loyalty programs, like myRewards, incentivize repeat business by allowing customers to earn points on fuel purchases redeemable for in-store items. The transaction structure is primarily B2C, with direct sales at retail locations. Discounts for loyalty members, such as a ten-cent discount on fuel when offers are redeemed through the Pilot app, foster engagement and encourage increased spending at their locations. Moving forward, FJ Management Inc.
plans to enhance its product offerings and expand into new geographic regions. As of April 2014, the company aims to utilize the USD 1 billion raised from the Secondary Buyout led by Warburg Pincus to support these initiatives. Specific upcoming products and services are in development, focusing on enhancing the customer experience at their travel centers. The company is also targeting expansion into additional markets within the United States to further increase its footprint and service capabilities.
Current Investors
Pilot Flying J
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Petroleum Refining, Petroleum Wholesale Distribution, Power Generation Equipment & Services
Website
www.flyingj.com
Total Amount Raised
Subscriber access only
FJ Management Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Electronic Funds Source, LLC | - | ||||||||
| Add-on | Completed | FJ Management Inc. | - |
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FJ Management Inc. - employee data


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