Spatco Energy Solutions, an infrastructure services provider for petroleum, environmental and electric vehicle market segments and a portfolio company of Kian Capital Partners, has acquired Petro Supply and McKinney Petroleum Equipment.
Founded in 1971 by Galen Heaps, Petro Supply is a distributor of petroleum equipment in the mid-Atlantic region. McKinney is a petroleum provider in Alabama. The acquisitions of the businesses work to expand Spatco’s Gulf Coast presence.
“The strength of their respective teams is undeniable and will provide a huge leap forward in our strategy to be the top integrated platform in the country for the petroleum convenience store and EV markets,” says John Force, Spatco president and CEO.
Robinson, Bradshaw & Hinson PA acted as Kian’s legal advisor.