The acquisition would increase the likelihood that Tri Star could unilaterally raise prices in each of the two markets. Nashville, TN 37208. The Commission vote to approve the final order was 3-0-2. 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. 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. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. The coolest thing-Jason Aldean will be live via livestream at 7pm. Before sharing sensitive information, make sure youre on a federal government site. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. | 1740 Ed Temple Blvd., Nashville, TN 37208 Privacy Policy Tri Star Energy, Hollingsworth Oil Company, C & H Properties, Mr. Ronald L. Hollingsworth, In the Matter of Tags: Gasoline . About a year later, Tri Star acquired Abbeville, Alabama-based Herndon Oil Corp., which owned Southern Traders, in September 2021. Tri Star Energy Opens New Twice Daily and White Bison Coffee. 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,. All Rights Reserved. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. Website Help You can learn more abouthow competition benefits consumersorfile an antitrust complaint. An official website of the United States government. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Limit one per transaction. Stop by ANY Sudden Service and register for your chance at Christmas Cash. Get news highlights delivered directly to your e-mail inbox. 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. Tri Star Energy 2942 Maxey Rd Cedar Hill TN 37032 (615) 746-5263 Claim this business (615) 746-5263 Website More Directions Advertisement From the website: At Tri Star Energy, we keep you moving. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. 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. Our Mailing Address: The acquisition would expand Tri Stars presence in middle Tennessee. Sign up here. 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. . 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.. Message sent. 2023 Tri Star Energy, LLC. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. See if you qualify for a free subscription to our industry leading paper magazine. An extensive beer cave featuring local and craft beers. 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. Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. Tri Star acquired Tennessee-based Hollingsworth Oil, which owned Sudden Service, in July 2020. "Hollingsworth Oil is a well-established company whose core values align nicely with ours. 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. www.convenience.org, Retailer-Marketer Newsletter Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. * Only available in the Sudden Service Rewards app. Only available in the Twice Daily Rewards app! no. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Please send us a message and we will respond to your needs as soon as possible. Find the resources you need to understand how consumer protection law impacts your business. 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 will give away $500 every Monday, Wednesday and Hello Christmas Cash! tri star energy inc. tri star energy llc. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. On Saturday, October 24 from 3-9 at the City Park in Erin, TN-there will be a live concert with talent from all over! Tri Star Energy, LLC. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. Tri Star Energy, LLC and Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth 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.Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states . Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Tri Star, a Nashville, Tennessee-based energy . Sep 15, 2021. Freehold Properties forms real estate investment trust Represented Freehold Properties, Inc. in corporate and securities matters related to the Page 1 of 1. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Search the Legal Library instead. The three-year plan will see all Sudden Service and Southern Traders c-stores converted to the Twice Daily banner. Tri Star Energy acquires Hollingsworth Oil Assisted Tri Star Energy with the acquisition of Hollingsworth Oil and its "Sudden Service" chain of convenience stores. Alexandria, VA 22314 tri star energy. When you step in to one of our convenience stores, you feel the difference. 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. 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 Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. Whether a current or prospective client, we are here to help your business thrive. Until recently I was managing a large team at . 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. Tri Star Energy is one of the Mid-Souths premier convenience retailers. It provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Tri Star Energy will divest some assets to settle antitrust concerns with the Federal Trade Commission, as Convenience Store Newspreviously reported. Federal government websites often end in .gov or .mil. In each of these markets, the acquisition would result in a merger to monopoly, the agency said. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. "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. The purchase price for the acquisition and terms of the agreement were not disclosed. 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. Commercial Fuels Newsletter, Growth Energy Energy Urges EPA to Examine Real-World Data on Ethanols Air Quality Benefits, Eastern Energy Expo 2020 Online Venue Registration Now Open, Weekly Energy Market Situation, March 27, 2017, Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations, EIA: U.S. Refinery Capacity Reaches Record High at The Start of 2019. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. Website: https://energycommerce.house.gov/ This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. Location: People at location: North America: 339: Following a public comment period, the Federal Trade Commission has approved a final ordersettling charges that Tri Star Energy, LLCs proposed acquisition of certain assets from Hollingsworth Oil Company, Inc., C & H Properties, and Ronald L. Hollingsworth (collectively, Hollingsworth) would violate federal antitrust 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. Looking for legal documents or records? By continuing to browse or by clicking "Accept All Cookies," you agree to the storing of first- and third-party cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Attn: Lisa Davis. Hollingsworth Oil is a well-established company whose core values align nicely with ours. In July 2020, Tri Star Energy acquired Tennessee-based Hollingsworth Oil and its convenience retail brand, Sudden Service. Before sharing sensitive information, make sure youre on a federal government site. 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. 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. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. The process is the company's most significant expansion plans to date. 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.". Apr 29, 2021. Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 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. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. Tri Star will sell assets in two markets Gas station and convenience store operator Tri Star Energy LLC can acquire portions of Hollingsworth Oil Co. after the purchaser agreed to divest certain assets, federal antitrust regulators said. TriStar Energy - A Hollingsworth Oil Company TriStar Energy Get Quote Call now Get directions Updates Testimonials About us Gallery Contact Sudden Service Convenience Stores A Hollingsworth Oil Company Opening at 7:00 AM on Monday Get Quote Updates Posted on Nov 24, 2020 Happy Thanksgiving from Sudden Service! Tri-Star-Energy-Logo. 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) This acquisition will add 53 locations in Kentucky and Tennessee to Tri Star's 89 stores in Tennessee, Alabama, Georgia and Kentucky. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? 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. See if you qualify for a free subscription to our industry leading paper magazine. With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. All Rights Reserved. How do you enter? Hollingsworth Oil is a well-established company whose core values align nicely with ours. Tri Star Energy has been recognized as one of Nashville's top workplaces for the last 5 years in a row and is continuing to build out an amazing team of high-impact . Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. Latest News. The store conversions will launch throughout middle Tennessee with the expansions moving further south as Tri Star Energy prepares to convert its nine Dothan, Ala.-area Southern Traders c-stores into updated Twice Daily locations. 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 FTC determined that the deal would violate federal antitrust law, and Tri Star Energy, Hollingsworth Oil, C & H Properties and Ronald L. Hollingsworth have agreed to divest the assets, according to agency documents. 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. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! * *Limit one per transaction. 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. The .gov means its official. Tri Star and Hollingsworth would be required to maintain the competitiveness of the divestiture assets during the divestiture process. Jun 15, 2021. any time of day Get What You Crave Explore Our Menus unlock savings Join Twice Daily Rewards Save money with access to all our special deals and points on every purchase. Suite #100 Schertz, TX 78154-3222 . 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. Expires 2/28/23. 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 entered into an agreement to acquire the outlets from Hollingsworth Oil on March 6, 2020. 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 . Access to all of our 53 Sudden Service Rewards app 2.50-Pepsi will make a donation to Jude. 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