LV Petroleum Successfully Completes Acquisition of Multi-Site Travel Center Portfolio

Las Vegas, NV – Downstream Energy Group (“DEG”), a leading advisory firm specializing in mergers and acquisitions, is pleased to announce that it acted as the exclusive M&A advisor in the successful acquisition of a multi-site travel center portfolio.  The transaction, encompassing two strategically located travel centers in the mid-continent region, represents a significant transaction…

DEG Announces Sale of Eight Retail Sites to Casey’s General Stores

LEXINGTON, KY – Downstream Energy Group (“DEG”) is proud to announce its role as the exclusive advisor in the successful sale of Wow! Foodmart LLC (“Company”) and its affiliated retail portfolio to Casey’s General Stores. The transaction includes a diverse portfolio of properties comprising one travel center, seven convenience stores, and four liquor stores, all…

Fueling the Future: How Three Generations of Griffins Lead the Energy Industry

By Steve Griffin, Partner Downstream Energy Group (DEG) and our newest company, Downstream Energy Properties (DEP), are legacy companies born from the ideals of original founders, Ruben and Ginny Griffin. A lot has changed in three generations, but the Griffin standard of “doing business the right way” has remained the cornerstone of every Griffin company….

A Brief Account of the Beginning of Gas Stations and Convenience Stores

By Sutton Wester, Senior Associate North of Chouteau on Theresa Avenue in St. Louis: the birthplace of the gas station. In 1905, Harry Grenner and Clem Laessig opened the first drive-in filling station for motorists, consisting of a gravity-fed tank with what looked like a rudimentary garden hose attached to its base.1 When a customer drove…