[h.a.s.c. 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. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! Entry into each relevant market would not be timely, likely or sufficient to deter or counteract the anticompetitive effects arising from the acquisition, the FTC said. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. 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 Stars acquisition of retail outlets and related interests of Hollingsworth would violate antitrust law. Tri Star Energy, LLC. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. Expires 2/28/23. 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. 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.. The .gov means its official. Tri Star Energy acquired the "Sudden Service" chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. 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. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. For more information about Tri Star Energy, visitwww.TriStarTN.com. Local Employee Honored With Patriotic Award. Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. 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 . tri star energy inc. tri - star energy. "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. Currently I am the Investor Relations & Strategy Manager at Contact Energy, playing my part as Contact focuses on leading New Zealand's decarbonisation. Whether a current or prospective client, we are here to help your business thrive. By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. 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. Page 1 of 1. 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,. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. 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 . The purchase price for the acquisition and terms of the agreement were not disclosed. 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. See how we can support you through our robust, customizable fuel programs and station services. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. We ask that all remittance be paid by September 15, 2022. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. Message sent. Page 1 of 1. FTC Investigation of the Tri-Star Energy/Hollingsworth Oil Company Transaction. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. 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, Tenn.-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. An extensive beer cave featuring local and craft beers. 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. 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. 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) The companies did not disclose the purchase price for the acquisition or the terms of the agreement. Posted on Nov 17, 2020 Our Mailing Address: Website Help 10 Dos and Donts of Effective Checkout Queue Merchandising. When you purchase 15pack Pepsi products-a donation will be made, when you purchase two 20oz Pepsi products-a do Erin and Cumberland City Sudden Service are having a concert! Explore Tri Star Energy opportunities and benefits to take the next step on your career path. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. 5925 Tri-County Pkwy. 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. 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. 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 . Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. Peek inside new convenience stores to uncover the best in retail store design across North America. All Rights Reserved. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. See if you qualify for a free subscription to our industry leading paper magazine. no. 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. 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 Keep up with the latest Tri Star Energy happenings. The .gov means its official. 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. Tri Star Energy Global Presence. Stop by ANY Sudden Service and register for your chance at Christmas Cash. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. 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 purchase added 53 c-stores to Tri Star Energy's portfolio. Posted by Fuels Market News | July 8, 2020. retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. While supplies last. Jun 15, 2021. We work to advance government policies that protect consumers and promote competition. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. Copyright 2023 Surperformance. Tri Star Energy LLC can proceed with its proposed acquisition of certain retail fuel outlets and other assets from Hollingsworth Oil Co. #CSPDailyNews Jump to Sections of this page Tri Star Energy Grows Alabama Footprint. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. 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. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Tristar - Energy Logistics Solutions provider based in UAE ABOUT TRISTAR Tristar is a fully integrated Energy Logistics business serving the downstream oil and gas industry. 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. JOHN R HOLLINGSWORTH Other Online Auctions at EquipmentFacts.com. "Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. 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.". Construction Equipment Auction Results - 0 Listings | MarketBook.ca - Page 0 of 0 Auction Results At MarketBook.ca. 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. 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. In each of these markets, the acquisition would result in a merger to monopoly, the agency said. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. Date: 05/01/2002 Location: Data will display when it becomes available. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Tri Star, based in Nashville, owns and operates. Waller assisted Tri Star Energy with the acquisition, the financing of the transaction, and with obtaining regulatory approvals required to complete the transaction. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Learn more about your rights as a consumer and how to spot and avoid scams. Moving your business ahead. Tri Star Energy and Hollingsworth Oil, In the Matter of Tags: Energy Gasoline . At Tri Star Energy, we keep you moving so you can keep the community moving. Sudden Service Convenience Stores: The products you want and the service you deserve. 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. "As we navigate these store conversions, our priority will continue to rest in our guests and store teams. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. 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. 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. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. See All Brands. tri - star energy llc. Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. There is also another way that you can During the month of October you can help support kids of St. Jude at your local Sudden Service. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Tri Star Energy Volunteer State Community College Experience Administrative Assistant Tri Star Energy Jun 2017 - Present5 years 8 months Nashville, Tennessee, United States Account. We're wholesale fuel distributors who understand your needs. 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 Get news highlights delivered directly to your e-mail inbox. Tri-Star-Energy-Logo. Significant entry barriers include the availability of attractive real estate, the time and cost associated with constructing a new retail fuel outlet and the time associated with obtaining necessary permits and approvals.. On August14, 2020, the Commission announced it had approved thefinal consent orderin this matter. The deal gives. Only available in the Twice Daily Rewards app! The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. 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. We work to advance government policies that protect consumers and promote competition. 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! 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. 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. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. On August 14, 2020, the Commission announced it had approved the final consent order in this matter. Copyright 2023 WTWH Media LLC. 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. Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. Tri Star Energy acquired the Sudden Service chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. The acquisition would expand Tri Stars presence in middle Tennessee. 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. Get the latest business insights from Dun & Bradstreet. For the businesses and organizations that serve our community, slowing down isnt an option. 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 Nashville, TN 37208. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including 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. Sep 15, 2021. Tri Star, a Nashville, Tennessee-based energy . We will give away $500 every Monday, Wednesday and Hello Christmas Cash! See auction date, current bid, equipment specs, and seller information for each lot. 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. Tri Star Energy, Hollingsworth Oil Company, C & H Properties, Mr. Ronald L. Hollingsworth, In the Matter of Tags: Gasoline . Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! Hollingsworth Oil is a well-established company whose core values align nicely with ours. The Federal Trade Commission works topromote competition, and protect and educate consumers. | 1740 Ed Temple Blvd., Nashville, TN 37208 Privacy Policy Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 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. The latest information on products and trends in the convenience-store and foodservice industries. The acquisition would increase the likelihood that Tri Star could unilaterally raise prices in each of the two markets. The site is secure. Buy 1 20oz Get 1 for 1*. Dec 01, 2021. 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. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. The following year, the company picked up Herndon Oil Corp., headquartered in Abbeville, Ala., and its retail brand, Southern Traders. Tri Star Energy acquires Hollingsworth Oil Assisted Tri Star Energy with the acquisition of Hollingsworth Oil and its "Sudden Service" chain of convenience stores. For more information, see media coverage here. Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. 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. Welcome to a deep dive into the c-store landscape. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. 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"). Alexandria, VA 22314 Tri Star Energy will divest some assets to, Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. 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. . This acquisition will add 53 locations in Kentucky and Tennessee to Tri Star's 89 stores in Tennessee, Alabama, Georgia and Kentucky. Find the resources you need to understand how consumer protection law impacts your business. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! 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. Sign up to receive texts from CSP on news and insights that matter to your brand. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. See auction date, current bid, equipment specs, and seller information for each lot. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Cox Oil operates 40 Little General c-stores in Tennessee. , which includes locations throughout Middle Tennessee and Northern Alabama. 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. 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. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. Please send us a message and we will respond to your needs as soon as possible. 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. 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. All rights reserved. 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. MAHINDRA 3650 LOADER Other Online Auctions at EquipmentFacts.com. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Christmas is just around the corner! Strategic leader, focussed on achieving business performance outcomes in complex organisations making significant contributions to the economy. 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