Pester Marketing Company

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Pester Marketing Company - overview

Established

1959

Location

Denver, CO, US

Primary Industry

Oil & Gas

About

Pester Marketing Company operates a network of convenience stores focused on providing fuel and food products while enhancing customer convenience and savings through various offerings and loyalty programs. Established in 1959 in Denver, US, Pester Marketing Company operates convenience stores that cater to customers seeking quick service and quality products. The company underwent a strategic acquisition in January 2021, when Phillips 66 and Fortress Investment Group acquired it, with specific financial terms undisclosed. The company has completed a total of 1 deal to date, with the most recent deal dated January 5, 2021.


Pester Marketing Company, operating under the brand Alta Convenience Store, offers an extensive range of products including branded fuel, food items like Alta Premium Burritos, Frazil Frozen Drinks, and Hot Stuff Pizza, as well as beverages including Green Mountain Coffee and complimentary fountain drinks. The company maintains over 110 locations across Colorado, Kansas, New Mexico, and Nebraska, primarily serving local residents, commuters, and travelers. Their KickBack® loyalty program incentivizes customer engagement by allowing users to earn points redeemable for fuel discounts. Revenue at Pester Marketing Company is generated through retail sales of fuel and food products, driven by direct transactions with customers.


Each transaction typically includes fuel purchases at competitive prices, alongside food and beverage sales. Their flagship products, such as Alta Premium Burritos, contribute significantly to the revenue structure, supporting a direct-to-consumer model that encourages repeated patronage and customer loyalty. Pester Marketing Company is focused on expanding its product offerings and geographic footprint. The company aims to introduce new products designed to enhance customer convenience.


Following its acquisition in January 2021, funding will be utilized to support these initiatives, including potential expansions into new markets, although specific locations and dates have yet to be disclosed.


Current Investors

Phillips 66 Company

Primary Industry

Oil & Gas

Sub Industries

Drug Stores/Convenience Stores, Oil & Gas Transportation, Petroleum Wholesale Distribution

Website

www.altaconvenience.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Pester Marketing Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPester Marketing Company-

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