The process is the company's most significant expansion plans to date. Under the terms of the proposed consent order, Tri Star will divest undisclosed retail fuel assets in Whites Creek and Greenbrier to, Alimentation Couche-Tard to Acquire Big Red Stores, bp Leans Into Retail, Alternative Energy With Deal to Buy TravelCenters of America. Nashville, Tenn.-basedTri Star Energyone of the Mid-Souths premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. NACS, the association that advances convenience and fuel retailing, is the publisher of Fuels Market News, which provides fuels industry news and information that readers need to plan, execute and settle over $1.5 trillion in fuel transactions in the U.S. each year. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. He was the leader in the project for the deepening of the channel in the river from Savannah to the sea. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. Whether a current or prospective client, we are here to help your business thrive. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Nashville-based Tri Star Energy owns and operates the Twice Daily, Sudden Service and Southern Traders convenience store brands, and supplies fuel to wholesale trade channels in 17 states. Address:* Delivery Prohibition Start Date: 5/18/2016: City/State/Zip:*--City--ACKLEY ACKWORTH ADAIR ADEL AFTON AGENCY AINSWORTH AKRON ALBERT CITY ALBIA ALBION ALBURNETT ALDEN ALEX Learn more about the suite of brands powered by Tri Star Energy. Copyright 2023 WTWH Media LLC. NACS The FTCs complaint said that the proposed acquisition would harm competition for both retail gasoline and retail diesel in the two local markets of Whites Creek, Tenn., and Greenbrier, Tenn. Tri Star Energy Acquires Hollingsworth Oil, Sudden Service Convenience Retailer Jul 08, 2020 Read More Tri Star Energy Acquires Hollingsworth Oil Jul 08, 2020 Read More Load More News Contact Privacy Policy 2023 Tri Star Energy, LLC. Tri Star, based in Nashville, owns and operates. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. The acquisition would expand Tri Stars presence in middle Tennessee. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. Looking for legal documents or records? 2020 is no different - starting in October you will be asked if you would like to donate to St. Jude. With unparalleled energy he instituted a campaign of education, enlist ing the interest and support of congressmen in every state in the Union, at a time when there was a growing tendency to curtail river and harbor appropriations. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy, LLC's proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, "Hollingsworth") would violate federal antitrust law.. Tri Star, a Nashville, Tennessee-based energy company . On August14, 2020, the Commission announced it had approved thefinal consent orderin this matter. Search the Legal Library instead. Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. Tri Star Energy to acquire Hollingsworth Oil retail fuel assets Convenience Store News & Petroleum From June 29: Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed number of outlets. Sign Up sub & a free drink Try the Club Sub Buy a club sub and get a 20oz fountain drink on us. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Jun 15, 2021. Apr 29, 2021. Find legal resources and guidance to understand your business responsibilities and comply with the law. Tri Star Energy is one of the Mid-Souths premier convenience retailers. Nashville.-based Tri Star Energy, which owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast, has acquired Springfield,. Fuels Market News. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. Strategic deals in 2022 included: Southwestern Energy Company's acquisition of Indigo Natural Resources LLC in a cash and stock transaction (upstream); the merger of Cimarex Energy Co and Cabot Oil & Gas Corp in an all-stock transaction (upstream); Crestwood Equity Partners LP's acquisition of Oasis Midstream Partners LP in an all-stock T, wice Daily has been serving middle Tennessee communities since 2011 and expanded to the, Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. The complaint alleges that the proposed acquisition would harm competition for both retail gasoline sales and retail diesel fuel sales in the two local markets of Whites Creek, Tennessee and Greenbrier, Tennessee. Tri Star Energy insights Based on 29 survey responses Areas for improvement Fair pay for job Sense of belonging Overall satisfaction Hit or miss Cashier/GSR (Former Employee) - Nashville, TN - October 20, 2022 Pretty easy work, can be fun at times but mostly I was working long hours for not enough pay. Strategic leader, focussed on achieving business performance outcomes in complex organisations making significant contributions to the economy. * *Limit one per transaction. Hollingsworth controls Hollingsworth Oil and C & H Properties, both based in Springfield, Tenn. Hollingsworth Oil has a network of 54 c-stores under the Sudden Service name with attached retail fuel outlets in middle Tennessee. Stop by ANY Sudden Service and register for your chance at Christmas Cash. Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. The complaint alleges that the proposed acquisition would harm competition for both retail gasoline sales and retail diesel fuel sales in the two local markets of Whites Creek, Tennessee and Greenbrier, Tennessee. no. Tri Star Energy, LLC. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. The Federal Trade Commission works topromote competition, and protect and educate consumers. In the Matter of Tri Star Energy, LLC, a limited liability company; Hollingsworth Oil Company, Inc., a corporation; C & H Properties, a general partnership; and Mr. Ronald L. Hollingsworth, a natural person. Tri Star Energy Opens New Twice Daily and White Bison Coffee. Posted by Fuels Market News | July 8, 2020. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. The deal gives. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. The Proposed Acquisition On March 6, 2020, Tri Star entered into an agreement to acquire certain retail fuel outlets and other interests, from Hollingsworth and related entities (the "Acquisition"). 2023 Waller Lansden Dortch & Davis, LLP. Learn more about the suite of brands powered by Tri Star Energy. The transaction involved over 80 real property transfers and the acquisition of assets from multiple affiliated sellers, in the midst of the COVID-19 global pandemic. PRESS RELEASE: FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, PRESS RELEASE: FTC Requires Divestitures as Condition of Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Stephanie T. Nguyen, Chief Technology Officer. Before sharing sensitive information, make sure youre on a federal government site. Represented Hollingsworth Oil Company, Inc. (HOC), and related parties in a merger investigation, which resulted in a negotiated consent order with the FTC to divest certain retail fuel assets that were part of a transaction between HOC and Tri Star Energy, LLC (Tri . Competition and Consumer Protection Guidance Documents, Tri Star Energy and Hollingsworth Oil, In the Matter of, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Federal Register Notice Containing Analysis to Aid Public Comment, Analysis of Agreement Containing Consent Orders to Aid Public Comment, FTC Requires Divestitures as Condition of Tri Star Energy, LLCs Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. The latest from CSP, sent straight to your inbox. Only available in the Twice Daily Rewards app! Dec 01, 2021. The .gov means its official. Under the proposed consent agreement, Tri Star would be required to divest to Cox Oil Company, Inc. retail fuel assets in Whites Creek and Greenbrier within 10 days after Tri Star completes the acquisition. Until recently I was managing a large team at . "This is a monumental moment for us," said Steve Hostetter, CEO of Tri Star Energy. tri star energy inc. tri - star energy. You read that correctly-a concert. Tri Star Energy to acquire Hollingsworth Oil retail fuel assets Convenience Store News & Petroleum Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed . For the businesses and organizations that serve our community, slowing down isnt an option. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. www.convenience.org, Retailer-Marketer Newsletter While supplies last. Are You Providing Your Store Managers the Support They Need? Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. For more information, see media coverage here. 2023 Tri Star Energy, LLC. JOHN R HOLLINGSWORTH Other Online Auctions at EquipmentFacts.com. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Find the resources you need to understand how consumer protection law impacts your business. See All Brands. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. All Rights Reserved. Posted on Nov 17, 2020 NASHVILLE, Tenn. Tri Star Energy cut the ribbon on a new Twice Daily convenience store located at 6029 Nolensville Road in Nashville, signaling the kickoff of a three-year plan for the retailer to convert all Sudden Service and Southern Traders c-stores to the Twice Daily banner throughout Tennessee and Alabama. Tri Star Energy Volunteer State Community College Experience Administrative Assistant Tri Star Energy Jun 2017 - Present5 years 8 months Nashville, Tennessee, United States Account. Before sharing sensitive information, make sure youre on a federal government site. August 20, 2020. Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Sign up to receive texts from CSP on news and insights that matter to your brand. The acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. Tri Star Energy, LLC, Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, which operate fuel outlets and convenience stores, agreed to settle FTC charges that Tri Star's acquisition of retail outlets and related interests of Hollingsworth would violate antitrust law. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Sep 15, 2021. Scott Garfinkel, with Raymond James, represented the seller. tri - star energy llc. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. Buy 1 20oz Get 1 for 1*. Website Help This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. The three-year plan will see all Sudden Service and Southern Traders c-stores converted to the Twice Daily banner. The coolest thing-Jason Aldean will be live via livestream at 7pm. Nashville, Tenn.-based Tri Star Energy one of the Mid-South's premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. A range of grab-and-go snacks, including organic brands, to a selection of staple groceries; A fresh deli case that provides handmade and healthy options featuring fruits, sandwiches, salads and snacks; Freshly prepared breakfast and lunch sandwiches; and. Find the resources you need to understand how consumer protection law impacts your business. NACS, the association that advances convenience and fuel retailing, is the publisher of Fuels Market News, which provides fuels industry news and information that readers need to plan, execute and settle over $1.5 trillion in fuel transactions in the U.S. each year. On-demand labeling delivers more than convenience, How C-Stores Can Fight Inflation and Earn More with Higher Interest Rates, Upscaling security for self-service shopping. The purchase price and terms of the acquisition were not disclosed. We make it really easyall you have to do is donate your change when you make a purchase OR when you buy two 20oz Pepsi products, Frito Lay chips, Uptime Energy or Core Water and they will make a don Did you know that when you buy two(2) 20oz. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. U.S. FDA approves Reata's rare genetic disorder drug, Lowe's Companies Down Over 6%, On Track for Largest Percent Decrease Since November 2020 -- Data Talk, Compaa de Minas Buenaventura S.A.A. The Sudden Service brand is well-known in the areas in which it operates, allowing us to continue to grow and build that brand in the future.. Copyright 2023 Surperformance. NASHVILLE Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. after a ruling by the U.S. Federal Trade Commission (FTC) that requires Tri Star to divest an undisclosed number of outlets. Stop by ANY Sudden Service and register for your chance at Christmas Cash. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Read More. Proposes Dividend for the Year 2022, Trisura Group Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022, TSX edges up at start of March as resource shares rally, Correction to Royal Bank of Canada Earnings Article, FTC Approves Final Order Imposing Conditions on Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Agreement Containing Consent Orders (62.56 KB), Analysis of Agreement Containing Consent Orders to Aid Public Comment (47.2 KB), FTC Requires Divestitures as Condition of Tri Star Energy, LLC's Acquisition of Certain Assets of Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth, Ritchie Bros Auctioneers Inc : Other Events, Financial Statements and Exhibits (form 8-K), MICROVISION, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Local Employee Honored With Patriotic Award. Tri Star Energy will divest some assets to settle antitrust concerns with the Federal Trade Commission, as Convenience Store Newspreviously reported. Our systems have a proven track record of efficiency, accuracy, and cost-effectiveness. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Read More Contact Who is Tri Star Energy Headquarters 1740 Ed Temple Blvd, Nashville, Tennessee, 37208, United States Phone Number (615) 313-3600 Website www.tristartn.com Revenue $245.3M Industry Gas Stations, Convenience & Liquor Stores Retail The coolest thing-Jason tri star energy hollingsworth will be live via livestream at 7pm the of... Convenience retailershas acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail Sudden! Hollingsworth Oil and its convenience retail brand Sudden Service `` this is a monumental moment for us ''! 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