10 Nov Riveria Investment Group successfully exits Empire Petroleum Partners, LLC
November 1, 2020 – Riveria Investment Group proudly announced that it has sold Empire Petroleum Partners, LLC to GPM Investments and Arko Holdings.
About Riveria Investment Group:
Riveria Investment Group, headquartered in New York, NY, is a growth focused private equity firm that acquires and invests in middle-market companies based in the United States. Riveria primarily focuses on growing companies with a history of positive operating cash-flows and seeks transactions that present unique investment opportunities in industries experiencing significant growth. Riveria’s private equity efforts emphasize growth and value-added strategies to generate strong returns. Riveria actively engages in the operations of portfolio companies by collaborating with management and implementing executive operating partners to grow its investments. Riveria Investment Group’s website is: www.riveriagroup.com
About Empire:
Empire Petroleum is a leading wholesale distributor of fuel and fuel products in 31 states and operates more than 80 convenience stores. The Company distributes fuel products to gas stations across the country servicing top brands including Shell, Sunoco, BP, Chevron, Texaco, Valero, Gulf, Marathon, and ExxonMobil, among others. Empire’s website is: www.empirepetroleum.com