Green Bay, Wisconsin – – American Business Brokers & Advisors (“ABBA”), a leading boutique mergers and acquisition firm announces that 7E CO Holdings, LLC (“7E”) has acquired Dino Stop Convenience Stores (“Dino”), a chain of six convenience stores headquartered in Green Bay, Wisconsin.
7E CO Holdings is owned by Denver-based investment management company Monfort Cos., which has been investing in and operating c-stores, including multiple 7-Eleven locations, since 2016. It holds properties with more than a dozen c-store and gas station locations across the Front Range in Colorado, Wyoming and Kansas, along with other holdings and investments in the dining, hospitality, commercial and residential sectors. The company has focused on rural markets, it said, but has started acquiring urban locations.
Acquired in 1998 by Tony Wied, Dino Stop has been a successful chain of convenience stores serving the Green Bay, WI area since 1971 with stores in Little Suamico, Abrams, Green Bay, Manitowoc, Ledgeview and New Franken.
“I owe much of the success of the stores to my wife Angela and our Team Members who helped though 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.
Terry Monroe owner of American Business Brokers & Advisors provided merger and acquisition advisory services to 7E CO Holdings, LLC and Dino Stop, which included advisory on valuation and other transaction terms. The legal side of the transaction was managed by Mike Demerath of Hager, Dewick & Demerath of Green Bay, Wisconsin.
