Petro Stopping Centers is a leading operator of large, full-service truck stops with a nationwide network of facilities in 27 states.The Cardwell family, Petro’s founders, wanted to replace their existing financial partner with a firm that would facilitate deepening the management team and refinancing the Company for growth.

Together, Chartwell and the Cardwell family brought in Mobil Oil Corporation as a strategic investor, allowing Petro to benefit from Mobil’s disciplined operating framework and experienced personnel.

From this alliance, Chartwell, the Cardwell family and Mobil identified a three-pronged approach to maximize profitability and cash flow which resulted in a 60% increase in profits during Chartwell’s investment and a successful exit.

 

Current Investments

Prior Transactions

Contact Us

  570 Lexington Ave 44th Fl New York, NY 10022
  212.521.5500
  212.521.5533

CHARTWEL INVESTMENTS (C) 2013 All Rights Reserved. Site Designed by: COUTAIN