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The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. The deal included 13 c-stores. Dec 01, 2021. Copyright 2023 Surperformance. 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 FTC Investigation of the Tri-Star Energy/Hollingsworth Oil Company Transaction. 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.. You read that correctly-a concert. The purchase price for the acquisition and terms of the agreement were not disclosed. 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. All rights reserved. Tri Star entered into an agreement to acquire the outlets from Hollingsworth Oil on March 6, 2020. Page 1 of 1. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Scott Garfinkel, with Raymond James, represented the seller. 1. Find legal resources and guidance to understand your business responsibilities and comply with the law. 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. Members help make our journalism possible. 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. III. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Message sent. Tri Star Energy acquired the Sudden Service chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. While supplies last. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | Advertising | About Us. See if you qualify for a free subscription to our industry leading paper magazine. Currently I am the Investor Relations & Strategy Manager at Contact Energy, playing my part as Contact focuses on leading New Zealand's decarbonisation. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. See how we can support you through our robust, customizable fuel programs and station services. An official website of the United States government. See auction date, current bid, equipment specs, and seller information for each lot. 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. In each of these markets, the acquisition would result in a merger to monopoly for the retail sale of gasoline and diesel. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. At Tri Star Energy, we keep you moving so you can keep the community moving. Tri Star also supplies fuel to a network of 285 dealer locations. Stop by ANY Sudden Service and register for your chance at Christmas Cash. "Hollingsworth Oil is a well-established company whose core values align nicely with ours. "One is a retail site in Whites Creek and the other is a dealer site in Greenbrier.". 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. Waller assisted Tri Star Energy with the acquisition, the financing of the transaction, and with obtaining regulatory approvals required to complete the transaction. 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. The acquisition would increase the likelihood that Tri Star could unilaterally raise prices in each of the two markets. A long-term partner in Mid-South communities, Tri Star is committed to cultivating local jobs, local causes, superior customer care and integrity across its commercial, wholesale and retail operations. 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.. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. Nashville, Tenn.-based Tri Star Energy is one of the South's premier convenience retailers. Tri Star Energy corporate office is located in 1740 Ed Temple Blvd, Nashville, Tennessee, 37208, United States and has 385 employees. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. Suite #100 Schertz, TX 78154-3222 . Local Employee Honored With Patriotic Award. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. Under the terms of the proposed consent order, Tri Star is required to divest to Cox Oil Company, Inc. retail fuel assets in Whites Creek and Greenbrier within 10 days after completing the acquisition. Federal government websites often end in .gov or .mil. 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. A long-term partner in Mid-South communities, Tri Star is committed to cultivating local jobs, local causes, superior customer care and integrity across its commercial, wholesale and retail operations. The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Website Help * *Limit one per transaction. Tri Star Energy 1503 Memorial Blvd Springfield TN 37172 (615) 242-8466 Claim this business (615) 242-8466 Website More Directions Advertisement From the website: At Tri Star Energy, we keep you moving. 2023 Tri Star Energy, LLC. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquiredSpringfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. We work to advance government policies that protect consumers and promote competition. Get todays need-to-know convenience industry intelligence. By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. Sudden Service Convenience Stores: The products you want and the service you deserve. We will give away $500 every Monday, Wednesday and Hello Christmas Cash! Sep 15, 2021. Tri Star Energy is currently seeking an experienced, dedicated, and detailed Project Manager to join our Information Technology team at our Store Support Center in Nashville, TN. Posted on Nov 17, 2020 Tri Star Energy also owns premium coffee brand White Bison Coffee, with locations throughout middle Tennessee and north Alabama. The site is secure. Tri Star Energy, LLC. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. According to the complaint, which was first announced in June,the proposed acquisition would harm competition for both retail gasoline and retail diesel in two local markets: Whites Creek, Tennessee and Greenbrier, Tennessee. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. The Commission vote to approve the final order was 3-0-2. Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. It operates 89 c-stores with fuel, including 82 in Tennessee under the Twice Daily, Hightail and t-Fuel names, and it sells fuel under a variety of third-party branded and unbranded banners. The acquisition would expand Tri Stars presence in middle Tennessee. 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. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. 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.. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Strategic leader, focussed on achieving business performance outcomes in complex organisations making significant contributions to the economy. When you step in to one of our convenience stores, you feel the difference. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Tri Star Energy and Nutrition | Lenoir City TN If you need assistance with registration via the website, please email: Lisa Davis at ldavis@tristarenergy.com or call 615-517-1479 and leave a message. 703-684-3600 (Main Phone) Tri Star Energy LLC - Company Profile and News - Bloomberg Markets Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. Buy 1 20oz Get 1 for 1*. With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. They have great locations, many in areas where we do not currently operate," said Steve Hostetter, CEO of Tri Star Energy. Whether a current or prospective client, we are here to help your business thrive. In July 2020, Tri Star Energy acquired Tennessee-based Hollingsworth Oil and its convenience retail brand, Sudden Service. The twenty-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. 3,424 were here. 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. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Tri Star Energy Jul 2020 - Present2 years 8 months Nashville, Tennessee, United States Director Regulatory Compliance Hollingsworth Oil Company Jun 2012 - Jul 20208 years 2 months. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. Find company research, competitor information, contact details & financial data for Tri Star Energy, LLC of Nashville, TN. Fuels Market News, published by NACS, is the downstream petroleum industrys trusted source for fuels-related news and information, covering the fuels of today and tomorrow. See if you qualify for a free subscription to our industry leading paper magazine. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. The .gov means its official. All Rights Reserved. Until recently I was managing a large team at . Website Builders; chaterbate search. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Tri Star Energy Grows Alabama Footprint. The 20-year-old company operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations in Tennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. The complaint alleged that, without the remedy, the acquisition would substantially lessen competition for the retail sale of gasoline and diesel in Whites Creek and in Greenbrier. Only available in the Twice Daily Rewards app! 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. Hollingsworth Oil is a well-established company whose core values align nicely with ours. 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.". Christmas is just around the corner! Tri Star, based in Nashville, owns and operates. Under the terms of the proposed consent order, Tri Star will divest undisclosed retail fuel assets in Whites Creek and Greenbrier to Cox Oil Co. Inc., Union, Tenn., within 10 days after Tri Star completes the acquisition. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. 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 "Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Location: People at location: North America: 339: Do not sell my personal infoPrivacy PolicyContact UsRSS, Tri Star Energy to Acquire Hollingsworth Oil Retail Fuel Assets, FTC requiring divestitures in two markets to avoid antitrust violation, Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. 117-44] hearing on national defense authorization act for fiscal year 2022 and oversight of previously authorized programs before the committee on armed services house of representatives one hundred seventeenth congress first session 117th congress (2021-2022) They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. "There are 53 Sudden Service retail stores we will acquire, and we must divest of two sites,"Dawn Boulanger, vice president of marketing for Tri Star Energy, told CSP Daily News. Tri Star and Hollingsworth would be required to maintain the competitiveness of the divestiture assets during the divestiture process. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Scott Garfinkel, with Raymond James, represented the seller. About a year later, Tri Star acquired Abbeville, Alabama-based Herndon Oil Corp., which owned Southern Traders, in September 2021. 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. The deal gives. 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,. An official website of the United States government. 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. Tri Star Energy and Hollingsworth Oil Company have agreed to divest retail fuel assets to settle charges that Tri Star's proposed acquisition of certain assets from Hollingsworth would violate federal antitrust law. Every October 31 is the last day to make donations to St. Jude Sudden! Oil Corp., which includes locations throughout middle Tennessee and Northern Alabama adds 53 c-stores in Kentucky Tennessee... # x27 ; s premier convenience retailershas acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience brand! 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