7E CO Holdings acquires Dino Stop chain of c-stores
The retailer’s portfolio has been extended with the addition of six new locations distributed throughout the state of Wisconsin.
7E CO Holdings has purchased Dino Stop Convenience Stores and expanded its reach throughout the state of Wisconsin. The chain, headquartered in Green Bay, consists of a total of six outlets and will now be under the ownership of the company owned by Monfort Co., an investment management firm that has been operating in the retail sector since 2016.
7E CO is a chain of 60 convenience stores with locations in Texas, Minnesota and Wisconsin. Its owner has been investing in the sector for quite some time now, currently operating several 7-Eleven branded sites. In addition, it owns more than a dozen convenience store and gas station locations throughout the Front Range in Colorado, Wyoming and Kansas.
“I owe much of the success of the stores to my wife Angela and our team members who helped through the years. Although the selling of the stores was a bittersweet experience, I knew it was the right decision for me and my family,” said Tony Wied, President of Dino Stop, according to a report by local news site CStore Decisions.
The Dino Stop brand has been serving the Green Bay area since 1971 thanks to stores located in Wisconsin’s Little Suamico, Abrams, Green Bay, Manitowoc, Ledgeview and New Franken. The chain was acquired by Wied in 1998 and, almost 25 years later, is now in the hands of 7E CO.
Merger and acquisition advisory services were provided by Terry Monroe, owner of American Business Brokers & Advisors, to both firms. Services included advisory on valuation and other transaction terms.
