Downstream Energy Group Advises on Sale of Rmarts Convenience Store Portfolio

Chicago, IL – Downstream Energy Group (“DEG”) served as the exclusive sell-side advisor to Rmarts LLC (“Rmarts”) in the sale of eight (8) company-operated convenience stores in the greater Chicagoland market. The stores were sold to an undisclosed regional convenience store operator.

Founded in 1951 with its first location at the corner of Ohio and LaSalle in downtown Chicago, Rmarts is a respected, family-owned convenience store operator with more than 70 years of service to the Chicagoland community. The company operates Shell and 76 branded gas and convenience locations throughout the greater Chicago metropolitan area.

The transaction represents a strategic milestone for Rmarts, enabling the family to realize value from a portion of its portfolio while continuing to own and operate the legacy locations that remain central to its long-term business.

DEG is a leading M&A advisory firm providing services to middle market companies within the downstream energy sector and is comprised of professionals who have decades of experience as both owner/operators and strategic financial advisors to energy companies.

In its role as M&A advisor, DEG performed a strategic review of the company including the following: 1) valuation services; 2) development, implementation and execution of a competitive sales process; and 3) negotiation of a definitive asset purchase agreement.

“Rmarts built a portfolio of well-run, well-located stores, and the buyer interest in this process reflected that quality,” said Jeff Traub, Partner at Downstream Energy Group. “It was an absolute privilege to represent the family and help them achieve the outcome they were looking for.”

“Selling these stores was not a decision we made lightly,” said Ryan Razowsky, President of Rmarts. “DEG took the time to understand what these locations meant to us, brought us serious, qualified buyers, and guided us through every step of the process. They helped us achieve a result we feel great about while allowing us to retain the legacy stores that remain at the heart of our family’s future.”

About Downstream Energy Group
Downstream Energy Group is an independent, privately held M&A advisory firm – owned and led by the operators who run its deals – providing national merger & acquisition (M&A) and strategic advisory services to the downstream energy and convenience store sector. DEG specializes in the sale of gas & convenience, truck stops, wholesale distribution (fuel & lubes), propane, and petro-transportation companies. The firm works with buyers and sellers across the industry, including consolidators, regional operators, jobbers, major oil companies, private equity firms, and other strategic partners. Its team uniquely understands each client’s business through years of direct operating experience managing both fully-integrated retail gas & convenience and wholesale operations. More information can be found at www.degadvisors.com

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