Roseville, CA – Flyers Energy, LLC announced this week its acquisition of Quick Fuel, an automated fuel-sites business previously owned by Jacobus Energy, Inc. DCA Partners, a long-time M&A advisor to Flyers Energy, served as the buy-side financial advisor on the acquisition.
The acquisition of Quick Fuel’s 49 fuel sites across 15 states significantly expands Flyers’ cardlock fuel-sites business, which are designed exclusively for commercial vehicles, providing drivers a time-efficient fuel stop.
“Flyers Energy was primarily focused on regional acquisitions, but Quick Fuel presented a unique opportunity for national expansion,” said Curt Rocca, Managing Partner of DCA Partners, “The acquisition represents a significant strategic move for the company.” Flyers Managing Partner, Walt Dwelle, added, “Our vision for commercial fueling growth was to own or control sites from coast to coast.”
Founded in 1919, Quick Fuel remained family owned for four generations. Flyers Energy has offered Quick Fuel employees renewed employment opportunities, allowing them to continue working in their current roles. Flyers will continue to operate the newly acquired fuel stations under the existing Quick Fuel brand.
Flyers has significantly grown their reach through fuel and lubricant company acquisitions over the last two decades.
Parties interested in a confidential conversation about growing their business through acquisition or selling their business are encouraged to contact Curt Rocca at DCA Partners (see contact info below).
About DCA Partners
Based in Sacramento, DCA is the Central Valley’s leading Investment Banking and Private Equity firm. On the Investment Banking side, DCA helps family-owned and other closely held businesses grow through acquisition (buy-side advisory), or maximize the value they receive in a sale of the business (sell-side advisory). Similarly, the Private Equity Investment arm invests in growing family-owned and other closely held businesses in a broad spectrum of industries. DCA can provide investment capital with very flexible structures for a variety of purposes, including growth capital, acquisition financing, and complete company buyouts.
About Flyers Energy LLC
Flyers Energy, LLC operations include transportation, commercial fueling on the CFN, Voyager, and Pacific Pride networks, distribution of MobilTM brand passenger car, heavy duty, and industrial lubricants, supply of wholesale and branded fuel, and generation of renewable fuels and power in the United States. Flyers is a marketer for Chevron, Shell, Valero, and 76 branded fuel stations and is the largest participant on the Commercial Fueling Network (CFN).
Curt Rocca, Managing Partner