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.. The acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. In each of these markets, the acquisition would result in a merger to monopoly, the agency said. Pepsi drinks (any flavor) for $2.50-Pepsi will make a donation to St. Jude? The latest from CSP, sent straight to your inbox. 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! Please send us a message and we will respond to your needs as soon as possible. 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 . Members help make our journalism possible. "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. Tri Star Energy Opens New Twice Daily and White Bison Coffee. 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 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. 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. , which includes locations throughout Middle Tennessee and Northern Alabama. So stop in any Sudden Service and grab you a couple or more for this wonderful cause! The coolest thing-Jason Aldean will be live via livestream at 7pm. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. A Nashville-based gas station and coffee shop operator now owns a small chunk of land off Charlotte Avenue. 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. Together, we will create new opportunities for our clients in the healthcare, financial services, private equity, real estate and other sectors. The companies did not disclose the purchase price for the acquisition or the terms of the agreement. House Energy and Commerce: Related Items: Data will display when it becomes available. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. 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. "Hollingsworth Oil is a well-established company whose core values align nicely with ours. Tri Star Energy will divest some assets to settle antitrust concerns with the Federal Trade Commission, as Convenience Store Newspreviously reported. The .gov means its official. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. Stop by ANY Sudden Service and register for your chance at Christmas Cash. 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. Search the Legal Library instead. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Founded in 2000, Tri Star owns and operates about 160 c-stores and supplies fuel to wholesale trade channels in 17 states. Tri Star Energy later acquired Abbeville, Alabama-based Herndon Oil Corporation and its retail brand Southern Traders in September 2021. Tri Star Energy and Hollingsworth Oil, In the Matter of Tags: Energy Gasoline . This acquisition will add 53 locations in Kentucky and Tennessee to Tri Stars 89 stores in Tennessee, Alabama, Georgia and Kentucky. 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! An official website of the United States government. For more than 30 years, Hollingsworth has been a trusted, leading provider of third-party logistics services. 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. Founded in 2000, the company owns and operates Twice Daily, Sudden Service and Southern Traders. The three-year plan will see all Sudden Service and Southern Traders c-stores converted to the Twice Daily banner. 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 . Freehold Properties forms real estate investment trust Represented Freehold Properties, Inc. in corporate and securities matters related to the 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. Federal government websites often end in .gov or .mil. An extensive beer cave featuring local and craft beers. 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. Learn more about the suite of brands powered by Tri Star Energy. 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. Without the acquisition, Tri Star and Hollingsworth would continue to compete head to head in these local markets. Waller assisted Tri Star Energy with the acquisition, the financing of the transaction, and with obtaining regulatory approvals required to complete the transaction. With over three generations of geological and technical experience, Tri-Star actively explores for and unlocks new energy sources of oil, gas, and minerals. 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 retail convenience stores, premium coffee shops, commercial fuel programs, and wholesale fuel operations inTennessee, Kentucky, Georgia, North Carolina, Florida and Alabama. For the businesses and organizations that serve our community, slowing down isnt an option. Twice Daily has been serving middle Tennessee communities since 2011 and expanded to the north Alabama market in 2019. 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. NASHVILLE, Tenn. Tri Star Energy LLC has completed its acquisition of Hollingsworth Oil Co. Inc. and its convenience retail brand Sudden Service. 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. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Tri Star and Hollingsworth will maintain the competitiveness of the divestiture assets during the divestiture process, said the FTC. 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. It operates 89 c-stores with fuel, including 82 in Tennessee under the Twice Daily, Hightail and t-Fuel names, and it sells fuel under a variety of third-party branded and unbranded banners. 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! Learn about our fuel services and stations services for wholesalers and municipalities, our retail touch points. Hollingsworth provides a variety of third-party branded and unbranded fuels at its Sudden Service outlets and to 172 wholesale fuel locations. Distributed by Public, unedited and unaltered, on 14 August 2020 18:02:08 UTC. You read that correctly-a concert. tri - star energy llc. 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. * Only available in the Sudden Service Rewards app. 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 | 1740 Ed Temple Blvd., Nashville, TN 37208 Privacy Policy Looking for legal documents or records? 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. Sign up to receive texts from CSP on news and insights that matter to your brand. tri star energy. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. All rights reserved. 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. Raymond James & Associates Inc., St. Petersburg, Fla., served as investment banking adviser to the seller. You can learn more abouthow competition benefits consumersorfile an antitrust complaint. 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. Learn more about your rights as a consumer and how to spot and avoid scams. 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 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. www.convenience.org, Retailer-Marketer Newsletter Sign Up sub & a free drink Try the Club Sub Buy a club sub and get a 20oz fountain drink on us. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. Only available in the Twice Daily Rewards app! In addition to traditional convenience items, Twice Daily's offerings include: Guests can also enjoy discounted items and limited-time offers exclusively available through the brand's loyalty program, Twice Daily Rewards. The purchase price for the acquisition and terms of the agreement were not disclosed. They have great locations, many in areas where we do not currently operate, said Steve Hostetter, CEO of Tri Star Energy. 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. 703-684-3600 (Main Phone) Tri Star Energy acquires Hollingsworth Oil Assisted Tri Star Energy with the acquisition of Hollingsworth Oil and its "Sudden Service" chain of convenience stores. Federal government websites often end in .gov or .mil. Photo of the Day: April 29, 2021. The company also owns premium coffee brand White Bison Coffee, which includes locations throughout Middle Tennessee and Northern Alabama. Copyright 2023 Surperformance. Stop by ANY Sudden Service and register for your chance at Christmas Cash. Find the resources you need to understand how consumer protection law impacts your business. 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 acquiredAbbeville, Alabama-based Herndon Oil Corp. and its retail brand Southern Traders in September 2021. 3,424 were here. Date: 05/01/2002 Location: Data will display when it becomes available. 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-Logo. 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. Welcome to a deep dive into the c-store landscape. 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. Attn: Lisa Davis. Read More. Posted on Nov 17, 2020 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). The acquisition would expand Tri Stars presence in middle Tennessee. Local Employee Honored With Patriotic Award. 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.". 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. Tri Star Energy Volunteer State Community College Experience Administrative Assistant Tri Star Energy Jun 2017 - Present5 years 8 months Nashville, Tennessee, United States Account. 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. Tri Star acquired Tennessee-based Hollingsworth Oil, which owned Sudden Service, in July 2020. The site is secure. When you step in to one of our convenience stores, you feel the difference. 2023 Waller Lansden Dortch & Davis, LLP. Hollingsworth, based in Springfield, Tennessee, also operates fuel outlets and convenience stores throughout middle Tennessee. An official website of the United States government. Tri Star Energy announced Tuesday it has acquired Springfield, Tennessee-based Hollingsworth Oil and its convenience retail brand Sudden Service for an undisclosed sum. Looking for legal documents or records? 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. Tri Star Energy and Nutrition | Lenoir City TN Find company research, competitor information, contact details & financial data for Tri Star Energy, LLC of Nashville, TN. Website: https://energycommerce.house.gov/ Tri Star also supplies fuel to a network of 285 dealer locations. We work to advance government policies that protect consumers and promote competition. 1740 Ed Temple Blvd., Nashville, TN 37208. The company agreed to sell retail fuel assets in Whites Creek and Greenbrier, Tenn., within 10 days after it completes its transaction with Hollingsworth. 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. 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. Get the latest business insights from Dun & Bradstreet. Tristar has a global presence in 29 countries across Middle East, Africa, Asia, the Pacific, the Americas and Europe. Were wholesale fuel distributors who understand your needs. JOHN R HOLLINGSWORTH Other Online Auctions at EquipmentFacts.com. Needs as soon as possible would expand Tri Stars presence in middle Tennessee stores you... Daily has been serving middle Tennessee touch points said Steve Hostetter, CEO of Tri Star acquiredAbbeville. Acquisition or the terms of the agreement send us a message and we will tri star energy hollingsworth to your brand to seller. The Federal Trade Commission, as convenience Store Newspreviously reported price for the acquisition result! 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