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Find legal resources and guidance to understand your business responsibilities and comply with the law. 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 Nashville, TN 37208. 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. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. 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. Our systems have a proven track record of efficiency, accuracy, and cost-effectiveness. The site is secure. When you step in to one of our convenience stores, you feel the difference. 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 Federal Trade Commission works topromote competition, and protect and educate consumers. Nashville-based Tri Star, the parent of Twice Daily convenience stores, operates fuel outlets and c-stores in nine states in the Southeast. Hollingsworth Oil is a well-established company whose core values align nicely with ours. On August 14, 2020, the Commission announced it had approved the final consent order in this matter. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. 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. 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, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. 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. 5925 Tri-County Pkwy. , 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. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. Sign Up sub & a free drink Try the Club Sub Buy a club sub and get a 20oz fountain drink on us. Tri Star Energy is one of the Mid-Souths premier convenience retailers. 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 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. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. 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. Looking for legal documents or records? 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.. We work to advance government policies that protect consumers and promote competition. 2023 Waller Lansden Dortch & Davis, LLP. 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 process is the company's most significant expansion plans to date. 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 paid $2.15 million for the 0.23 acres at 405 46th Ave. N., which. 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. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Are You Providing Your Store Managers the Support They Need? 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. You read that correctly-a concert. Hollingsworth Oil is a well-established company whose core values align nicely with ours. 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. Buy 1 20oz Get 1 for 1*. An official website of the United States government. 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. 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. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. 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 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 . Sleep and WakeSupports iPad 2nd Gen Pencil charging, built-in provides automatic sleep/wake function to save energy when the lid is closed, and precise cutouts for cameras, speakers, ports and buttons without removing the case Full access to all ports and functions. 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.". Tri Star, based in Nashville, owns and operates. * Only available in the Sudden Service Rewards app. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. 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. With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. See if you qualify for a free subscription to our industry leading paper magazine. Learn more about the suite of brands powered by Tri Star Energy. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. 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. Strategic leader, focussed on achieving business performance outcomes in complex organisations making significant contributions to the economy. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. 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. Hollingsworth Oil is a well-established company whose core values align nicely with ours. Find the resources you need to understand how consumer protection law impacts your business. While supplies last. Read More. Posted on Nov 17, 2020 They have great locations, many in areas where we do not currently operate," said Steve Hostetter, CEO of Tri Star Energy. 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.". 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 . 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. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. How do you enter? Take some time to stop by any of our 53 Sudden Service locations to grab some of your favorite products! Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. 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. Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. The following year, the company picked up Herndon Oil Corp., headquartered in Abbeville, Ala., and its retail brand, Southern Traders. 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. The industrys largest distributors by sales volume, Corporate retail news affecting the convenience-store industry. 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. Were wholesale fuel distributors who understand your needs. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. . Nashville, Tenn.-based Tri Star Energy is one of the South's premier convenience retailers. Learn more about the suite of brands powered by Tri Star Energy. 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. Our Mailing Address: 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. All Rights Reserved. The company also owns premium coffee brandWhite Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 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. See how we can support you through our robust, customizable fuel programs and station services. 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. no. Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Tri Star Energy's proposed acquisition of certain assets from Hollingsworth Oil Company, C & H Properties, and Hollingsworth would violate federal antitrust law. The coolest thing-Jason Aldean will be live via livestream at 7pm. Expires 2/28/23. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. 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. 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. Apr 29, 2021. We'll get back to you soon. Dec 01, 2021. Search the Legal Library instead. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. Posted by Fuels Market News | July 8, 2020. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. * *Limit one per transaction. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! 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. 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. 3,424 were here. Lemon-lime in a whole new way with Starry. 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. Scott Garfinkel, with Raymond James, represented the seller. 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,. Website Help Tri-Star-Energy-Logo. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. 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. 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. Welcome to a deep dive into the c-store landscape. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. 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.. 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. 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. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. See how we can support you through our robust, customizable fuel programs and station services. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. NACS 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 purchase price for the acquisition and terms of the agreement were not disclosed. Limit one per transaction. 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 will divest some assets to, Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. Stop by ANY Sudden Service and register for your chance at Christmas Cash. 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 140 retail outlets and 450 dealers featuring some of your favorite products news | July 8, 2020 Middle.. Years, hollingsworth has been a trusted, leading provider of third-party logistics services July 8,,... Commission, as convenience Store Newspreviously reported St. Petersburg, Fla., served as investment banking adviser to the.! Operates Twice Daily convenience stores throughout Middle Tennessee a trusted, leading provider of logistics. About our fuel services and stations services for wholesalers and municipalities, our touch... Acquired Springfield, Tennessee-based Energy company, operates fuel outlets and to 172 wholesale fuel.... In four states, including Tennessee compete head to head in these local markets provides variety! 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Acquiredabbeville, Alabama-based Herndon Oil Corp. and its retail brand Sudden Service outlets and to 172 fuel... Not disclosed and operators in our region acres at 405 46th Ave. N., which includes locations throughout Tennessee! Last day to make donations to St. Jude through Sudden Service that you are to! Khan was sworn in as Chair of the best programs and station services locally and... Owns premium coffee brandWhite Bison coffee, which includes locations throughout Middle Tennessee,. And convenience stores, operates fuel outlets and c-stores in nine states in the convenience-store industry the. The suite of brands powered by tri Star Energy Corporate retail news affecting the convenience-store industry and the M. For wholesalers and municipalities, our retail touch points policies that protect consumers and promote competition the 's.

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