Casey's, Murphy USA, Circle K: US Convenience Retailer Market Dynamics
Former Director of Business Development / M&A at Casey's
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Casey's, Murphy USA, Circle K: US Convenience Retailer Market Dynamics(May 10, 2024)
Former Director of Business Development / M&A at Casey's
The expert is a former Director of M&A at Casey's, where he served for over 16 years. During his tenure, he led the acquisition of over 200 units, including single and smaller stations, and developed processes to increase store profitability.
Interview Transcript
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With your typical acquisition, how long would it take from acquiring a store until it was operating at average levels for other Casey’s stores?
Once you've sourced it and got it under contract, that would be 30 to 45 days, and then a closing of anywhere from 60 to 90 days. At closing, it operates that day as a Casey’s.
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