Virginia Oil Company
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Virginia Oil Company - overview
Established
1967
Location
Charlottesville, VA, US
Primary Industry
Oil & Gas
About
Virginia Oil Company is engaged in the oil distribution sector, primarily focusing on the supply and delivery of fuel products across multiple regions. The company operates with a commitment to efficiency and reliability in service delivery. Virginia Oil Company, founded in 1967, is headquartered in Charlottesville, US. The company specializes in the distribution and delivery of oil products.
In May 2011, VPS Convenience Store Group, a portfolio company of Sun Capital Partners, acquired Virginia Oil Company for an undisclosed amount. Details regarding the founder or previous companies are not available. Virginia Oil Company offers a range of fuel products, catering to both commercial and residential customers. The company’s core services include the distribution of heating oil and other related products, ensuring timely delivery and quality service to its clientele.
Revenue details are not specified as part of the provided data. Following its acquisition in May 2011, Virginia Oil Company is focused on enhancing its distribution network and expanding its customer base. The company plans to introduce new product lines tailored to meet the evolving needs of its customers. Additionally, Virginia Oil Company aims to explore opportunities in new geographic markets to broaden its service offerings.
Recent funding, obtained through strategic partnerships, will be utilized to support these growth initiatives.
Current Investors
VPS Convenience Store Group LLC
Primary Industry
Oil & Gas
Sub Industries
Petroleum Wholesale Distribution
Website
www.virginiaoil.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Virginia Oil Company - 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 | Virginia Oil Company | - |
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