CrossAmerica Partners

CrossAmerica Partners is a publicly traded limited partnership (NYSE: CAPL) headquartered in Allentown, Pennsylvania, operating as a leading wholesale distributor of motor fuels, convenience store operator, and owner and lessor of real estate used in the retail distribution of motor fuels. Founded in 2012 by Joseph V. Topper, Jr., the company has grown into one of the largest fuel distributors in the United States, serving approximately 1,800 distribution locations across 34 states and delivering over 3 million gallons of fuel per day.

The company distributes both branded and unbranded petroleum products for motor vehicles, maintaining well-established relationships with eight major oil brands including Exxon, Mobil, BP, Shell, Valero, Citgo, Marathon, and Phillips 66. CrossAmerica Partners ranks as one of ExxonMobil's largest U.S. distributors by fuel volume and consistently places in the top 10 distributors for several additional major brands.

Beyond wholesale fuel distribution, CrossAmerica Partners owns or leases approximately 1,100 sites and operates seven proprietary convenience store brands at more than 250 locations across 10 states. Its retail locations offer food, everyday essentials, and car wash services, and are frequently co-branded with national quick-service restaurant chains such as Dunkin', Subway, and Arby's. The company is actively expanding its retail footprint, as evidenced by its acquisition of 106 convenience stores from 7-Eleven, which are being rebranded under the Joe's Kwik Mart banner.

CrossAmerica Partners also maintains a robust real estate division, buying, selling, and leasing properties used in the retail distribution of motor fuels throughout the United States. Available inventory includes operating gas stations as well as non-gas commercial sites, making the company a significant player in downstream energy real estate markets.

The company's general partner, CrossAmerica GP LLC, is indirectly owned and controlled by entities affiliated with its founder, providing stable, experienced leadership with decades of industry expertise. The leadership team includes directors with deep backgrounds in petroleum distribution, investment banking, real estate development, and financial auditing, lending institutional-grade governance to the partnership structure.

With a dealer portal offering real-time access to metrics, reporting tools, and 24/7 availability, CrossAmerica Partners supports its distribution network with technology-driven operational tools designed to help dealer partners manage and grow their businesses efficiently.

The Nombase Funding database has 4,288 records from over 1,788 companies.

There's no funding data for this company.