October 11th, 2022
The Whalen Corporation
Southeastern is honored to announce the sale of The Whalen Corporation stores
Hilburn Drive Store
The Whalen Corporation, based in Raleigh, North Carolina, has sold its gas stations to Refuel Operating Company. The Whalen Corporation is known for their independent stores with branded fuel, in the Raleigh metro area and has an excellent reputation for strong local community engagement. Southeastern Advisors was proud to represent and assist The Whalen Corporation as a seller-client engagement in this transaction.
“The Whalen family is filled with gratitude as we complete this process with Refuel. We owe that gratitude to our many dedicated employees, who have kept the business running each day, to our loyal customers, without whom Whalen’s would not exist, and to our family-members-turned-coworkers, who have been there for every step, big and small,” the Whalen family said in a joint statement. “We are confident that Refuel will offer great opportunities for our team of employees and continue to provide the excellent experience that Whalen’s customers have come to know.”
Refuel, based in Charleston, SC, owns 195 gas stations across five states. This acquisition marks their 13th since 2019.
About Southeastern Acquisition Advisors:
Operated by Billy Winkie and Ben Frear, we are a boutique mergers & acquisitions firm based in North Carolina. We specialize in providing custom-tailored marketing and advisory services for companies in the Southeast region with earnings between 500K-20M. We believe that prioritizing people and building relationships enables us to provide authentic advice and guidance.
To learn more, please contact us at 919.726.7576, email us at contact@southeasternadvisors.com or visit our website at southeasternadvisors.com.