The convenience store is a recession-proof sector that’s growing and that is driving deal activity from the largest operators in the space, including ARKO Corp.
Based in Richmond, Va., ARKO owns more than 1,500 convenience stores across 30 states. With over $2 billion in funding available for deals, the company is armed to continue its consolidation efforts in a highly fragmented sector where over 150,000 stores operate in the United States alone.
CEO Arie Kotler, now in his third year, spoke to us about the company’s M&A strategy and what it looks for in deals.
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