This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. 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. Tri Star and Hollingsworth would be required to maintain the competitiveness of the divestiture assets during the divestiture process. While the converted stores will be rebranded under the Twice Daily name, returning guests can expect the same teams and trusted guest service the brands are known for, according to Hostetter. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. Tri Star Energy and Nutrition | Lenoir City TN 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. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. Tri Star Energy will divest some assets to, Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. See auction date, current bid, equipment specs, and seller information for each lot. 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. 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 . For more information, see media coverage here. 10 Dos and Donts of Effective Checkout Queue Merchandising. Cox Oil operates 40 Little General c-stores in Tennessee. 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. Providing the highest-quality service and offerings has always been top of mind for us and will continue to stay a constant throughout this transition.". 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.. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. Dec 01, 2021. We ask that all remittance be paid by September 15, 2022. Nashville, Tenn.-based Tri Star Energy is one of the South's premier convenience retailers. For the businesses and organizations that serve our community, slowing down isnt an option. Suite #100 Schertz, TX 78154-3222 . Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. 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. Sep 15, 2021. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? August 20, 2020. Keep up with the latest Tri Star Energy happenings. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. Search the Legal Library instead. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! 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. 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.. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Find legal resources and guidance to understand your business responsibilities and comply with the law. Photo of the Day: April 29, 2021. 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. "This is a monumental moment for us," said Steve Hostetter, CEO of Tri Star Energy. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. Local Employee Honored With Patriotic Award. Tri Star acquired Tennessee-based Hollingsworth Oil, which owned Sudden Service, in July 2020. It also owns premium coffee brand White Bison Coffee, which includes locations throughout middle Tennessee and northern Alabama. We work to advance government policies that protect consumers and promote competition. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! 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.. Only available in the Twice Daily Rewards app! 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. Tri Star Energy is one of the Mid-Souths premier convenience retailers. 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. All rights reserved. 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 Tri Star, based in Nashville, owns and operates retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. 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. Read More. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, 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 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, Tri Star Energy and Hollingsworth Oil, In the Matter of. Hollingsworth Oil is a well-established company whose core values align nicely with ours. FTC Investigation of the Tri-Star Energy/Hollingsworth Oil Company Transaction. The latest information on products and trends in the convenience-store and foodservice industries. Lemon-lime in a whole new way with Starry. Scott Garfinkel, with Raymond James, represented the seller. Jun 15, 2021. The company also owns premium coffee brandWhite Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. The process is the company's most significant expansion plans to date. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! "The Sudden Service and Southern Traders families that people have grown to know and love will stay the same, just with a new, elevated storefront and expanded product offerings to enjoy," he said. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Find company research, competitor information, contact details & financial data for Tri Star Energy, LLC of Nashville, TN. Whether a current or prospective client, we are here to help your business thrive. 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) See All Brands. 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. 1740 Ed Temple Blvd. The following year, the company picked up Herndon Oil Corp., headquartered in Abbeville, Ala., and its retail brand, Southern Traders. 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. 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