Matrix Capital Markets, an independent middle-market investment bank, advised on the sale of Bradley Petroleum and Sav-O-Mat to Stinker Stores.

The Bradley and Sav-O-Mat stores are well-known in the Colorado market, especially the Denver metropolitan region, as high-volume fuel sites located in high traffic areas and configured to offer ease of ingress and egress for enhanced convenience and speed of refueling. Stinker is acquiring the company’s 40 stores in Colorado and one in Wyoming.

Matrix provided merger and acquisition advisory services to the company, which included valuation advisory, marketing the business through a confidential, structured sale process and negotiation of the transaction.

Brad Calkins of Bradley Petroleum and Sav-O-Mat said, “This is certainly a bittersweet moment. With my family having been in the petroleum business for four generations, and me my entire life, it is certainly hard not to look back without some nostalgia. Matrix did a wonderful job in advising us with such a complicated transaction and was extremely patient while everything was put into place to make it happen.”

Matrix Capital Markets is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA.