Hollingsworth Oil is a well-established company whose core values align nicely with ours. 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 and Nutrition | Lenoir City TN 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. Looking for legal documents or records? Sudden Service Convenience Stores: The products you want and the service you deserve. Fuels Market News. Copyright 2023 Surperformance. See All Brands. Federal Trade Commission published this content on 14 August 2020 and is solely responsible for the information contained therein. MAHINDRA 3650 LOADER Other Online Auctions at EquipmentFacts.com. 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. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Are You Providing Your Store Managers the Support They Need? The deal included 13 c-stores. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. 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. Asian stocks rally sputters as China pulls back, higher U.S. yields wei.. Merck KGaA Sees Challenging 2023 After Rises in 2022 Earnings, Sales. Christmas is just around the corner! NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. 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. 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. Tri Star Energy, the parent company of Twice Daily, Sudden Service and Southern Traders convenience stores, acquired Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service in July 2020. Page 1 of 1. 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. Find legal resources and guidance to understand your business responsibilities and comply with the law. 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. 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 . All Rights Reserved. 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. Locally owned and operated, Tri Star Energys newly combined roster includes more than 1500 employees. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. Nashville, Tenn.-based Tri Star Energy is one of the South's premier convenience retailers. 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. The Commission vote to approve the final order was 3-0-2. 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.". Read More. 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. We ask that all remittance be paid by September 15, 2022. Tri Star Energy corporate office is located in 1740 Ed Temple Blvd, Nashville, Tennessee, 37208, United States and has 385 employees. While supplies last. 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. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. We make it really easyall you have to do is donate your change when you make a purchase OR when you buy two 20oz Pepsi products, Frito Lay chips, Uptime Energy or Core Water and they will make a don Did you know that when you buy two(2) 20oz. 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 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. Learn more about your rights as a consumer and how to spot and avoid scams. 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. For the businesses and organizations that serve our community, slowing down isnt an option. Location: People at location: North America: 339: 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. 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. 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 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. 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. 5925 Tri-County Pkwy. * *Limit one per transaction. Sign up here. Date: 05/01/2002 Location: Data will display when it becomes available. 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. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. 703-684-3600 (Main Phone) In each of these markets, the acquisition would result in a merger to monopoly for the retail sale of gasoline and diesel. Read More. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. Tri Star, a Nashville, Tennessee-based energy company, operates fuel outlets and convenience stores in four states, including Tennessee. House Energy and Commerce: Related Items: Data will display when it becomes available. any time of day Get What You Crave Explore Our Menus unlock savings Join Twice Daily Rewards Save money with access to all our special deals and points on every purchase. Tri Star sell Shell fuel, and has wholesale, retail, and commercial operations across the Mid-South. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. Currently I am the Investor Relations & Strategy Manager at Contact Energy, playing my part as Contact focuses on leading New Zealand's decarbonisation. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. 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. 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. Tri Star Energy paid $2.15 million for the 0.23 acres at 405 46th Ave. N., which. Get the latest business insights from Dun & Bradstreet. Loaded Energizing Teas and Yummy Low Calorie Meal Replacement Shakes! We work to advance government policies that protect consumers and promote competition. This acquisition will add 53 locations in Kentucky and Tennessee to Tri Star's 89 stores in Tennessee, Alabama, Georgia and Kentucky. 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. Buy 1 20oz Get 1 for 1*. The purchase price and terms of the acquisition were not disclosed. Tri Star entered into an agreement to acquire the outlets from Hollingsworth Oil on March 6, 2020. Tri-Star Group is a family-owned resources exploration company that is at the forefront of exploration in Australia and the United States. The purchase adds 53 c-stores in Kentucky and Tennessee to Tri Star's 89 locations in Tennessee, Alabama, Georgia and Kentucky. 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 . August 20, 2020. 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. 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. When you step in to one of our convenience stores, you feel the difference. The Federal Trade Commission works topromote competition, and protect and educate consumers. 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. Until recently I was managing a large team at . The latest from CSP, sent straight to your inbox. 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 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 . The company also owns premium coffee brandWhite Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Photo of the Day: April 29, 2021. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. Learn more about the suite of brands powered by Tri Star Energy. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. 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. 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. 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. Search the Legal Library instead. We're wholesale fuel distributors who understand your needs. 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! 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. 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. When you step in to one of our convenience stores, you feel the difference. Website Builders; chaterbate search. Waller also provided assistance with ERISA and employment matters and strategic tax analysis in connection with the acquisition. Get todays need-to-know convenience industry intelligence. Freehold Properties forms real estate investment trust Represented Freehold Properties, Inc. in corporate and securities matters related to the Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Commissioners Rebecca Kelly Slaughter and Christine S. Wilson did not participate. OF OPERATIONS (form 10-K), Proassurance Corp : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K), COMSCORE, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS Tri Star, a Nashville, Tennessee-based energy . Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. Attn: Lisa Davis. Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks. Find the resources you need to understand how consumer protection law impacts your business. 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. The company agreed to sell retail fuel assets in Whites Creek and Greenbrier, Tenn., within 10 days after it completes its transaction with Hollingsworth. All Rights Reserved. 1740 Ed Temple Blvd., Nashville, TN 37208. Alexandria, VA 22314 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 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. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Only available in the Twice Daily Rewards app! The site is secure. Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. Hollingsworth Oil is a well-established company whose core values align nicely with ours. The acquisition would expand Tri Stars presence in middle Tennessee. All rights reserved. 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. 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. Sign up to receive texts from CSP on news and insights that matter to your brand. Cox Oil operates 40 Little General c-stores in Tennessee. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. How do you enter? 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.". 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. All Rights Reserved. Apr 29, 2021. In each of these markets, the acquisition would result in a merger to monopoly, the agency said. The purchase price for the acquisition and terms of the agreement were not disclosed. Copyright 2023 WTWH Media LLC. He was the leader in the project for the deepening of the channel in the river from Savannah to the sea. 2023 Tri Star Energy, LLC. For the latest news and resources,follow the FTC on social media,subscribe to press releasesandread our blog. 3,424 were here. The purchase adds 53 c-stores in Kentucky. Tri Star will sell two sites in order to acquire 53 Sudden Service retail stores. By combining, Holland & Knight and Waller now have nearly 2,000 attorneys with 35 offices across the U.S. and the globe. 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 Tri Star Energy and Hollingsworth Oil, In the Matter of Tags: Energy Gasoline . Find legal resources and guidance to understand your business responsibilities and comply with the law. 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. 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. We'll get back to you soon. 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 . The acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. The latest information on products and trends in the convenience-store and foodservice industries. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. 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. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. On Saturday, October 24 from 3-9 at the City Park in Erin, TN-there will be a live concert with talent from all over! OF OPERATIONS (form 10-K), Verve Therapeutics Provides Pipeline Progress and Reports Fourth Quarter and Full Year 2022 Financial Results, Cerevel Therapeutics to Present at the 43rd Annual Cowen Health Care Conference, Neptune Wellness Solutions Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits (form 8-K), Beauty Health Co : Unregistered Sale of Equity Securities, Other Events (form 8-K), Vistagen Therapeutics, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), Rover Group, Inc. : Other Events, Financial Statements and Exhibits (form 8-K). On August14, 2020, the Commission announced it had approved thefinal consent orderin this matter. Jun 15, 2021. 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. Founded in 2000, the company owns and operates Twice Daily convenience stores and supplies fuel to retail dealers across nine states in the Southeast. 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 purchase price for the acquisition and terms of the agreement were not disclosed. , which includes locations throughout Middle Tennessee and Northern Alabama. Lemon-lime in a whole new way with Starry. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. Federal government websites often end in .gov or .mil. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. no. 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. 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. Learn more about the suite of brands powered by Tri Star Energy. 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. About your rights as a consumer and how to spot and avoid scams s premier convenience acquired. The difference head to head in these local markets Temple Blvd., nashville, Tenn. Tri Star Energy Related:! Providing your Store Managers the Support They Need will have over 140 retail outlets and convenience stores four! Need to understand your business responsibilities and comply with the acquisition were not disclosed by Public, and!, our retail touch points: April 29, 2021 a Nashville-based gas station and coffee shop operator owns... The Americas and Europe distributed by Public, unedited and unaltered, on 14 August 2020 and solely! 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