ARKO Petroleum completes acquisition of U.S. Petroleum Partners, adding fuel volume and locations

ARKO Petroleum Corp. (APC) closed its purchase of U.S. Petroleum Partners, LLC on November 10, 2026. The deal adds roughly 280 million gallons of annual fuel volume and about 400 wholesale sites, expanding APC’s network to roughly 2,500 locations. APC paid about $200 million in cash, transferred inventory value, and issued 2.0 million Class A shares valued at about $30 million, with the cash funded by existing credit lines. The company expects the acquisition to generate approximately $30 million of annualized adjusted EBITDA and keep net‑debt‑to‑adjusted‑EBITDA in a 3.0‑3.5× range.

The added volume and locations should boost APC’s fee‑based earnings and discretionary cash flow, supporting its dividend and growth initiatives. The transaction modestly increases leverage but remains within the company’s target range, limiting financial risk for investors.

  • 1The acquisition closed on November 10, 2026.
  • 2It adds approximately 280 million gallons of annual fuel volume.
  • 3It adds approximately 400 wholesale locations, expanding the network to about 2,500 locations.
  • 4APC paid approximately $200 million in cash and inventory value.
  • 5APC issued approximately 2.0 million Class A common shares valued at about $30 million, held in escrow.
  • 6The deal is expected to contribute approximately $30 million of annualized adjusted EBITDA.

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