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The Whalen Corporation

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Year established

1984

Location

Raleigh NC US

Primary Industry

Retail

About

Based in North Carolina, US, and founded in 1984, The Whalen Corporation operates as a convenience store chain that provides convenience items and also offers carwash services. In August 2022, Refuel Operating Company, LLC, a portfolio company of First Reserve, agreed to acquire The Whalen Corporation. As of August 2022, the company operates through 3 stores in the Raleigh-Durham market. The Whalen Corporation offers coffee, wine, and craft beer selections from Larry's Coffee that can be found at all locations. In addition, the company offers a wide range of car wash systems such as touchless car wash systems, soft-touch car wash systems, truck washes, and high-pressure car wash systems and service at the Crabtree location.
Primary Industry
Retail
Sub Industries
Alcoholic Beverages, Consumer Services, Coffee Shops
Website
www.thewhalencorporation.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Deals

Deals Type
Add-on
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)
Announced The Whalen Corporation 22 Aug 2022
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