Matrix Capital Markets Group, Inc.

Matrix’s Summer College Internship Program provides a comprehensive introduction to investment banking and our firm. Our program is designed to give participants the opportunity to experience the life of a full-time Analyst. Summer Interns work on live M&A transactions and special projects and are provided with training and guidance that enables them to make an impact. They are assigned a mentor to lead them through this unique experience, providing feedback, introducing them to the M&A transaction process, and assisting in administrative and workload management. Thank you to our amazing interns for their dedication and hard work!   Eduardo Navarrete, Logan Leatherwood, Ethan Mains

Matrix has advised Land O’Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel (Anabi Oil Corp). Headquartered in Gainesville, Florida, Fast Track is a leading petroleum marketing, convenience retail and QSR company, operating 17 convenience stores, 10 co-located QSRs, and two stand-alone QSRs in Northern Florida. Anabi/Rebel is a family owned and operated petroleum marketing, convenience retail and car wash business with over 600 locations across 16 states, including multiple QSR brands. Congratulations to all parties involved in this successful transaction. https://lnkd.in/emjw5knw #mergersandacquisitions   Cedric Fortemps, CFA, Nathan Wah, CPA, Reilly Erhardt, CPA

Several of our bankers and interns enjoyed a great evening participating in the Markel Corporate Run last night and taking part in this fun annual event for the Richmond business community! #markelcorporaterun Marcus Dateno, Honor Carver, Stephen Lynch, CFA, CPA, Ethan Mains, John Mickelinc, CFA, Josiah Kitching, James Mickelinc, CPA, James Munsey, Eduardo Navarrete, Michael Tucker, CFA

We are pleased to announce that the sale of TBC Corporation’s retail tire portfolio to Mavis Tire has been named a Middle Market Deal of the Year by Mergers and Acquisitions - themiddlemarket.com. Matrix’s automotive aftermarket investment banking group was honored to advise TBC on this marquee transaction in June 2023. We would like to take this opportunity to recognize Stephen Lynch, CFA, CPA, William O'Flaherty, David Shoulders, Kyle Tipping, CFA, Matt Oldhouser, CPA and Alexander Rakos for their professionalism and tenacity in bringing this transaction to a successful close. The sale included TBC’s retail network of 595 tire and automotive service centers that utilize the NTB Tire & Service Centers and Tire Kingdom Service Centers brands. Congratulations to all involved in this landmark transaction! Read the full Mergers & Acquisitions article here: https://lnkd.in/ek8yvr58

Matrix announces that it served as lead advisor on G&M Oil Company, Inc.'s syndicated debt financing. G&M Oil is one of California’s largest independently owned fuel retailers with over 200 locations throughout Los Angeles, Orange, San Bernardino, Riverside, San Diego and Ventura Counties. They maintain successful partnerships with Chevron and ExtraMile and have been consistently lauded for outstanding performance in their Retail Excellence programs. Congratulations to all parties involved in this successful transaction. https://lnkd.in/eAyQgWVf #mergersandacquisitions John Whalen, Ryan Weir, Garrett Novotny, CFA, CPA

Matrix will be at SIGMA: America's Leading Fuel Marketers Spring Conference in Austin, TX next week. We are proud to have Cedric Fortemps, CFA, John Whalen and Ryan Weir presenting. #SIGMA, #SIGMASpringConference

Matrix will be at the National Propane Gas Association (NPGA) Southeastern Convention & International Propane Expo later this week and is proud to have Sean Dooley, CFA, ASA participating as a panelist on Friday afternoon. https://lnkd.in/eSqU5AtG

Matrix was honored to represent Andretti Petroleum Group, a company that racing legends Mario Andretti and Michael Andretti along with M.J. Castelo and John Caponigro built from the ground up over the past 27 years, on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates. Andretti Petroleum Group is one of the largest convenience retail and fuels distribution businesses on the West Coast, operating in northern California, Oregon, and Washington. Congratulations to all parties involved! We look forward to watching their continued successes, both on and off the racetrack. https://lnkd.in/etbRCrmr Andretti Group; H&S Energy Products, LLC #mergersandacquisitions #conveniencestores #fuelsdistribution  #commercialfueling #carwash #lubricants #transportation Cedric Fortemps, CFA, Andrew LoPresti, CFA, CPA, John Mickelinc, CFA, James Mickelinc

Welcome to our next installment of Capital Markets Perspective© (“CMP”), “Fuels Distribution and Convenience Retailing M&A Activity in 2023: Setting the Story Straight.” https://lnkd.in/eCszKfDe   In this issue of the CMP, we provide an analysis of the trends in M&A activity and valuation for fuels distribution and convenience retailing companies compared to broader market trends. Despite what’s been published by several sources, the data shows that M&A activity for fuels distribution and convenience retailing companies increased significantly from 2022. In addition, valuations have held firm despite macroeconomic headwinds, especially for companies with high quality assets. We also explain some of the unique factors driving consolidation and valuation in the industry that help to support this robust M&A market.    #mergersandacquisitions Vance Saunders, CPA, Alexander Rakos 

As we reflect back on 2023, we are filled with gratitude to have served so many outstanding clients who placed their trust in our guidance. We are also thankful for all the opportunities to advise on a dynamic range of M&A transactions, capital raises, and valuation mandates. Despite a challenging M&A and capital markets backdrop, 2023 was one of Matrix’s most successful years as a Firm in both deal volume and transaction value. Our bankers completed transactions across most every major industry we cover. As always, our bankers are fiercely dedicated to achieving client goals, which requires an unwavering commitment to detailed execution, creativity, and independent advocacy. We look forward to the upcoming year with great optimism and wish you a successful and prosperous 2024. https://lnkd.in/eRVT8epn #mergersandacquisitions