Catterton Partners, the Gereenwich, Conn.-based equity firm, has bought a majority interest in the Uppy's Convenience Store chain, based in Richmond, Va. The acquisition was accomplished through Mid-Atlantic Convenience Stores (MACS), a newly formed investment platform whose CEO is Steven Uphoff, the current owner of the Uppy's chain. Uphoff'sjobbership, Southside Oil, was due to close this week on the purchase of 173 Exxon c-stores and surplus sites in Maryland and Delaware. It was also finishing work on its purchase of 39 stations from ExxonMobil in Northern Virginia.
展开▼
