Sampson-Bladen Oil Co., Inc and affiliates have purchased Rusher Oil Company and Rushco Food Stores, Inc. from independent investment bank, Matrix Capital Markets Group, Inc.
Rusher Oil distributes Amoco and BP fuels to 19 branded stores within a 20-mile radius of its North Carolina headquarters. Rushco Food operates 19 branded convenience stores under the Rushco Markets name.
Sampson-Bladen is a fourth generation, family-owned firm that operates convenience stores, quick service restaurants, car washes, and a wholesale fuel and lubricants division. After the transaction, Sampson’s store portfolio has risen to 109 stores.
“The Rusher family operated quality stores, and we are honored they selected us to carry on in their communities,” said Hadden Clark, Sampson-Bladen president.
Nelson Mullins Riley & Scarborough, LLP served as legal counsel to Rusher. Hatch, Little, and Bunn served as legal counsel to Sampson-Bladen Oil Company.