Porter Hedges represented Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) which recently completed its acquisition of 33 Cenex® Zip Trip convenience stores from CHS Inc. for total consideration of $70 million plus the agreed value of inventory.
The Porter Hedges team that helped close the transaction included James Cowen, Kevan Richards, Joyce Soliman, Jason Canaras and Emily Ashby. Craig Bergez, Beverly Young, Adam Nalley, Ashley Prieto and Sherie Hollinger also provided assistance on the transaction.
Par Pacific Holdings, Inc., based in Houston, Texas, owns, manages and maintains interests in energy and infrastructure businesses. Par Pacific's strategy is to identify, acquire and operate energy and infrastructure companies with attractive competitive positions.
For additional information, please see the Par Pacific press release here.