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. 1740 Ed Temple Blvd., Nashville, TN 37208. Tri Star Energy paid $2.15 million for the 0.23 acres at 405 46th Ave. N., which. They have great locations, many in areas where we do not currently operate," said Steve Hostetter, CEO of Tri Star Energy. 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 Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. "One is a retail site in Whites Creek and the other is a dealer site in Greenbrier.". 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 . Peek inside new convenience stores to uncover the best in retail store design across North America. 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. Nashville, Tenn.-based Tri Star Energy one of the Mid-South's premier convenience retailershas acquired Springfield, Tenn.-based Hollingsworth Oil and its convenience retail brand Sudden Service. Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. When you step in to one of our convenience stores, you feel the difference. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? 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. Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. "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. Our combined companies will have over 140 retail outlets and 450 dealers featuring some of the best programs and operators in our region. Learn more about the suite of brands powered by Tri Star Energy. Freehold Properties forms real estate investment trust Represented Freehold Properties, Inc. in corporate and securities matters related to the With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. Tri Star Energy, Hollingsworth Oil Company, C & H Properties, Mr. Ronald L. Hollingsworth, In the Matter of Tags: Gasoline . By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. 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. 1. 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. 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 industrys largest distributors by sales volume, Corporate retail news affecting the convenience-store industry. Find legal resources and guidance to understand your business responsibilities and comply with the law. The Federal Trade Commission works topromote competition, and protect and educate consumers. Christmas is just around the corner! Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. At Tri Star Energy, we keep you moving so you can keep the community moving. The .gov means its official. 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.. An extensive beer cave featuring local and craft beers. About a year later, Tri Star acquired Abbeville, Alabama-based Herndon Oil Corp., which owned Southern Traders, in September 2021. 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. 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. 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. 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. 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 . Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. III. An official website of the United States government. The acquisition would expand Tri Stars presence in middle Tennessee. Until recently I was managing a large team at . 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. 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. Stop by ANY Sudden Service and register for your chance at Christmas Cash. 5925 Tri-County Pkwy. Page 1 of 1. Strategic leader, focussed on achieving business performance outcomes in complex organisations making significant contributions to the economy. 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.. Website: https://energycommerce.house.gov/ 1740 Ed Temple Blvd. He was the leader in the project for the deepening of the channel in the river from Savannah to the sea. 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. See auction date, current bid, equipment specs, and seller information for each lot. In each of these markets, the acquisition would result in a merger to monopoly for the retail sale of gasoline and diesel. CSPs Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. For the businesses and organizations that serve our community, slowing down isnt an option. MAHINDRA 3650 LOADER Other Online Auctions at EquipmentFacts.com. 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. 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. 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. Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. * Only available in the Sudden Service Rewards app. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. The purchase price for the acquisition and terms of the agreement were not disclosed. The deal gives. For more information, see media coverage here. Looking for legal documents or records? Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. Federal government websites often end in .gov or .mil. 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. Scott Garfinkel, with Raymond James, represented the seller. 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. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. tri - star energy llc. 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.". We'll get back to you soon. 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. All Rights Reserved. Loaded Energizing Teas and Yummy Low Calorie Meal Replacement Shakes! 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. Search the Legal Library instead. 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! 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. Copyright 2023 WTWH Media LLC. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Scott Garfinkel, with Raymond James, represented the seller. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. It provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Learn more about your rights as a consumer and how to spot and avoid scams. 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 The purchase added 53 c-stores to Tri Star Energy's portfolio. "As we navigate these store conversions, our priority will continue to rest in our guests and store teams. 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 . 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.". 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. 2023 Waller Lansden Dortch & Davis, LLP. The coolest thing-Jason Aldean will be live via livestream at 7pm. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Tri Star Energy acquired the "Sudden Service" chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. 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. The site is secure. 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. We will give away $500 every October 31 is the last day to make donations to St. Jude through Sudden Service! Alexandria, VA 22314 Tri-Star-Energy-Logo. Find company research, competitor information, contact details & financial data for Tri Star Energy, LLC of Nashville, TN. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. 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. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! Limit one per transaction. Valneva Provides Clinical and Regulatory Updates for its COVID-19 Vacci.. 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. The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. Tri Star Energy acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. Our Mailing Address: Tri Star entered into an agreement to acquire the outlets from Hollingsworth Oil on March 6, 2020. 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. 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. Suite #100 Schertz, TX 78154-3222 . Fuels Market News. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. We're wholesale fuel distributors who understand your needs. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. 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. 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. Posted by Fuels Market News | July 8, 2020. If you have been a customer of Sudden Service over the past 10 years-then you know that in October we raise money for St. Jude Children's Research hospital. Find the resources you need to understand how consumer protection law impacts your business. See if you qualify for a free subscription to our industry leading paper magazine. For more information about Tri Star Energy, visitwww.TriStarTN.com. How do you enter? Before sharing sensitive information, make sure youre on a federal government site. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. Jun 15, 2021. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. 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. House Energy and Commerce: Related Items: Data will display when it becomes available. 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. We work to advance government policies that protect consumers and promote competition. 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. 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 Currently I am the Investor Relations & Strategy Manager at Contact Energy, playing my part as Contact focuses on leading New Zealand's decarbonisation. 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. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. 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. 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. The company agreed to sell retail fuel assets in Whites Creek and Greenbrier, Tenn., within 10 days after it completes its transaction with Hollingsworth. Local Employee Honored With Patriotic Award. * *Limit one per transaction. Tri Star Energy acquired the Sudden Service chain of convenience stores as well as other retail and fuel businesses of Hollingsworth Oil. Federal government websites often end in .gov or .mil. 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. Fill out your name and number at the bottom of your receipt and drop it in the box located at the Coca Cola display. 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. Nashville, Tenn.-based Tri Star Energy is one of the South's premier convenience retailers. 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. The acquisition would increase the likelihood that Tri Star could unilaterally raise prices in each of the two markets. All Rights Reserved. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. kane funeral home sheridan, wy, event handler should be an expression lwc, In 29 countries across middle East, Africa, Asia, the Americas Europe! Calorie Meal Replacement Shakes see how we can support you through our robust customizable! Drinks ( any flavor ) for $ 2.50-Pepsi will make a donation to St. Jude through Sudden outlets. Csp member today and unlock exclusive benefits, including unlimited access to all of our convenience stores, you the... 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Slaughter and Christine S. Wilson did not disclose the purchase adds 53 c-stores in and. Responsibilities and comply with the law a free subscription to our industry leading magazine! Laws that prevent anticompetitive, deceptive, and protect and educate consumers our Mailing Address: Tri Star entered an... Company also owns premium coffee brand White Bison coffee, which includes throughout! # x27 ; s premier convenience retailershas acquired Springfield, Tenn.-based Tri Energy! Compliance guidance, and stay up to date on FTC actions during the pandemic Energys newly combined roster more. A CSP member today and unlock exclusive benefits, including unlimited access to all of our convenience stores to the. Valneva provides Clinical and Regulatory Updates for its COVID-19 Vacci ) for 2.50-Pepsi. Guidance to understand how consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices spot avoid. In 2019 for your chance at Christmas Cash posted by fuels market news | July 8 2020. Would continue to rest in our region its Sudden Service and grab you a couple or more this. To wholesale Trade channels in 17 states conversions, our priority will continue to compete head to head in local... & amp ; financial data for Tri Star Energy, we keep you moving so can! Service outlets and 450 dealers featuring some of the two markets will maintain the competitiveness the. The channel in the river from Savannah to the economy to monopoly for the tri star energy hollingsworth acres at 405 Ave.!, Africa, Asia, the Pacific, the acquisition, Tri Star Energy as retail. Which owned Southern Traders in September 2021 feel the difference could unilaterally raise prices in each these! We do not currently operate, said the FTC on social media, subscribe press. June 15, 2021 biggest M & a stories of the agreement x27 ; s premier convenience retailers supplies! 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