(November 11, 2021) Petroleum Equity Group, Ltd. (“PEG”) announced today the sale of Texon Oil, Inc. (“Texon” or “Company”) to Mountain Express Oil Company (“MEX”), headquartered near Atlanta, GA. PEG served as the lead advisor to Texon on the sale of all the Company’s retail and wholesale fuel assets. The assets, all located in central...
ALPHARETTA, GA – (Oct. 26, 2021) Mountain Express Oil Company has acquired New Orleans-based Brothers Food Mart, the city’s largest c-store chain, which has 50 locations in the region. Under the agreement, Mountain Express Oil has purchased a majority of Brothers Food Mart’s stores and has a license agreement to use the name. As part...
ALPHARETTA, GA - (Oct. 21, 2021) Mountain Express Oil Company, an emerging leader in the fuel distribution and retail convenience industry, successfully completed a $205,000,000 debt financing.
ALPHARETTA, GA – (August, 2021) Mountain Express Oil Company Co-CEOs, Turjo Wadud and Lamar Frady, have been named honorees for the 2021 Most Admired CEO Awards (Utilities and Energy Category) by the Atlanta Business Chronicle. Atlanta Business Chronicle recognizes Atlanta’s Most Admired CEOs, throughout various categories, each year. To be considered for the Most Admired...
ALPHARETTA, GA – (June 4, 2021) Alpharetta-based Mountain Express Oil Company(MEX) has been ranked amongst the top 20 on the Atlanta Chapter of The Association for Corporate Growth® (ACG) Fast 40 List in the inaugural Higher-Middle Market category. The ACG is a global professional organization that focuses on middle-market growth, mergers and acquisition and private...
ALPHARETTA, GA – (April 30, 2021) CEO of Mountain Express Oil Company Provides Insight Turjo Wadud, CEO of Mountain Express Oil Company(MEX), is keeping everyone up-to-date on gasoline trends in his latest interview with Fox 5 Atlanta. As people return to the outdoors and plan their summer road trips, Wadud warns that drivers will be...
ACWORTH, GA – (March 23, 2021) Mountain Express Oil Company (“MEX” or the “Company”), an emerging leader in the fuel distribution industry, today announced the acquisition of West Hill Ranch, a high-growth convenience store brand with six current locations throughout Central Florida. After the successful completion of a management buyout in 2020 led by Mountain...
ACWORTH, GA – (Dec. 21, 2020) Mountain Express Oil Company, an innovative oil company based in Acworth was recently recognized as one of Atlanta’s 50 Largest Private Companies by the Atlanta Business Chronicle. This achievement comes not long after Mountain Express was purchased in March by President, Turjo Wadud, and CEO, Lamar Frady. Atlanta’s 50...
ALPHARETTA, GA – (April 30, 2020) Due to the devastating effects of the Coronavirus (COVID-19) and its impacts globally, there continues to be a severe shortage of Personal Protective Equipment (PPE) and cleaning supplies for both the general population and, most importantly, our first responders. Access to quality supplies has proven to be difficult for...
ACWORTH, GA – (March 22, 2020) Southern-based, Mountain Express Oil Company, has a new owner in Turjo Wadud. The serial entrepreneur purchased the company from recently retired executives and founders of the company at the peak of the pandemic in March. Thirty-five-year-old Wadud, who is entering as the company president and owner, brings with him...
