Kiel Bros. Oil
$50,000,000
The bankers of CI acted as exclusive financial advisor to Kiel Bros. Oil Co. Inc. in a Chapter 11 Bankruptcy Proceeding and subsequent sale of assets.
Deal Summary:
Client:
Kiel Bros. Oil Company, Inc.
Description:
M&A Advisory
Deal Size:
$50 Million
CI’s Role:
The bankers of CI acted as the exclusive financial advisor to Kiel Bros. Oil Company, Inc. (“Kiel”) in a Chapter 11 Bankruptcy Proceeding and subsequent sale of assets. Kiel owned and operated approximately 210 convenience store locations and additionally sold gasoline and related products to approximately 95 dealer locations. Services included sell-side representation and Chapter 11 Bankruptcy advisory services.