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Hunton Andrews Kurth LLP 

November, 2015 - Miami, Florida

 

 

Hunton & Williams Represents Biscayne Petroleum, LLC and Everglades Petroleum, LLC in Sale to 7-Eleven, Inc.

 

Hunton & Williams LLP advised Biscayne Petroleum, LLC and Everglades Petroleum, LLC on its acquisition by 7-Eleven, Inc. and its wholly owned subsidiary, SEI Fuel Services, Inc.

The sale to 7-Eleven, Inc. closed on November 9, 2015. The acquisition of Miami-based Biscayne Petroleum LLC and Everglades Petroleum, LLC’s assets, all of which are being sold as part of the transaction, include convenience stores and gas stations owned and operated throughout Miami-Dade, Broward and Palm Beach counties; and a mix of 102 high-volume company operated, commission marketer, lessee dealer and supply only stores, as well as the vast majority of the stores’ real estate owned by Biscayne Petroleum and Everglades Petroleum.

“The station portfolio owned and operated by Biscayne and Everglades provided a very attractive and unique opportunity for 7-Eleven to expand its footprint in South Florida,” commented Hunton & Williams’s partner David R. Yates. “Their top notch management of the stations will permit a seamless transition into 7-Eleven’s operations.”

The Hunton & Williams team that served as legal counsel was led by partner David R. Yates in Atlanta, included partners Robert S. Rausch and Fernando C. Alonso in Miami, Daniel E. Uyesato in Raleigh, and associate Susanne Schurad in Miami.

Daniela Fontecilla advised Biscayne and Everglades as in-house counsel.

Cedric Fortemps and Thomas Kelso of Matrix Capital Markets Group, Inc.’s Downstream Energy & Retail Group served as Biscayne Petroleum, LLC and Everglades Petroleum, LLC’s investment advisers.

About Hunton & Williams LLP
Since our establishment more than a century ago, Hunton & Williams has grown to 800 lawyers serving clients from 19 offices worldwide. We have a strong industry focus on consumer products and retail, energy, financial services and real estate. Our global experience extends to myriad legal disciplines, including bankruptcy, commercial litigation, corporate transactions and securities law, intellectual property, international and government relations, regulatory law, privacy and cybersecurity, and products liability. For additional information visit our website at www.hunton.com. Follow us on Twitter, LinkedIn, and YouTube.


 

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