Western divesting all 42 shops in Colorado and Nebraska.

Western Convenience Stores Inc. has bought its gasoline/comfort shops to Denver-based Pester Marketing Co.

Western operated 42 shops in and round Denver, Colorado Springs, Pueblo, Grand Junction, Colo. mountain resort places and Western Nebraska. Pester will rebrand all shops to their proprietary Alta Convenience Stores trademark and supply Phillips 66 gasoline merchandise.

Western was based in 1989 by Hossein Taraghi with a single comfort retailer. He grew the corporate from 1990 to 2011 by means of the strategic acquisition of present comfort retailer places, culminating within the 42 shops, which the corporate operates at the moment. Stores vary in measurement from small codecs as much as 4000 sq. ft, with the typical retailer measurement over 2,000 sq. ft.

Pester Marketing Co. operates 119 shops in Colorado, Nebraska, New Mexico, Kansas and Washington. The firm additionally offers motor gasoline merchandise beneath a number of nationwide and regional manufacturers together with Conoco, 76, Phillips 66, ExxonMobil, Shell and Alta Fuels.

“I am very pleased to be able to sell the Western portfolio of stores to Pester Marketing. Our locations complement theirs and they are experienced operators with a great reputation in the industry. I wish them well going forward,” commented Hossein Taraghi, Western’s CEO and proprietor. “We are extremely pleased to significantly expand our presence in our hometown market, and to introduce our services and products to Western’s customers,” said Rich Spresser, president of Pester Marketing Co. “We welcome Western’s employees into our family as well, and are excited about our combined future.”

NRC Realty & Capital Advisors LLC served as unique monetary advisor to Western Convenience Stores in reference to the sale. Pester Marketing Co. retained Corner Capital Advisors LLC as its unique advisor for the transaction with financing amenities secured via Crow Holdings Capital Partners.


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