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maxum

 

Maxum Petroleum is one of the largest independent energy logistics companies in the United States based on gallons of refined fuel and lubricants sold. Maxum has developed a comprehensive offering of refined petroleum products, value added logistics and energy management services. The company addresses customers in a diverse set of end marketsluding trucking, drilling and exploration, marine, railroad, mining and automotive.

  Industry:
Logistics / Specialty Distribution – Petroleum and lubricants
  Headquarters:
Greenwich, Connecticut
  Date of Investment:   
April 2004
  Fund:
WCP Fund II, WCP Fund I
  Date of Exit:
January 2009 (Recapitalization Transaction)
  Website:
Areas of Acquisition Focus

  • Petroleum products marketing and service providers in North America
Add-on Acquisitions
  • DeCristo Oil - February 2011
  • Beard Oil - December 2010
  • Mid-State Industrial Lubricants – August 2009
  • Paulson Oil Company – December 2007
  • Farmington Oil Company – November 2007
  • Lubricant blending facility – November 2007
  • Petroleum Products – May 2007
  • Transport Services of Oklahoma – October 2006
  • Canyon State Oil Company – September 2006
  • Pecos – September 2006
  • McLain Truck Service – June 2006
  • Hartney Companies – January 2006
  • Trevco – June 2005
  • Simons Petroleum – April 2004
Related News

 

“Waud Capital has added tremendous value as an investor and partner for Maxum. In addition to providing capital to support our growth, WCP has assisted us with recruiting, upgrading our corporate infrastructure, and sourcing attractive acquisition candidates. WCP’s extensive experience in consolidating industries has helped our management team successfully close and integrate 11 acquisitions in a four-year period.”



Perot Bissell
Chief Executive Officer

 

 
 
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