ARKO Petroleum Corp. (APC) Form 8-K — Aug 6, 2026
ARKO Petroleum Corp. signed an Asset Purchase Agreement on August 4, 2026 to acquire the business of U.S. Petroleum Partners, LLC, a vertically integrated fuel supply and distribution platform serving the Great Lakes region, for $205.0 million in cash plus $30.0 million in Class A shares and the value of closing inventory. The acquired business includes fuel terminals in Novi, Michigan and Toledo, Ohio connected to the Buckeye Pipeline system, supply rights to more than 400 independent dealer locations, and a trucking fleet that transports over 80% of the business's distributed fuel volumes.
Key figures
- Deal Value Usd
- 235.0 million base consideration (205.0 million cash plus 30.0 million in Class A stock, plus value of closing inventory)
- Shares Offered
- 1461265
- Escrow period
- 18 months
- Fuel terminals
- 2
- Cash consideration
- 205000000
- Indemnification cap
- 11750000
- Max cash recoupment
- 5000000
- Stock consideration
- 30000000
- New pipeline payment cap
- 500000000
- Class a shares outstanding
- 12570223
- Class b shares outstanding
- 35000000
- Earnout ebitda target 12mo
- 31700000
- Fuel component ebitda target
- 2200000
- Independent dealer locations
- more than 400
- New pipeline ebitda multiple
- 6.7
- Estimated consideration shares
- 1461265
- Min market cap for share issuance
- 500000000
- Fleet share of distributed volumes
- more than 80%
Price after filing
Close on the filing date to close N calendar days later (from $20.64). Historical, not a forecast.
AI analysis
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