Court Square-backed Offen buys G&S Oil Products’ wholesale unit

• Headquartered in Centennial, Colorado, G&S has been owned and operated by the Sussman family for over 50 years
• G&S is a full-service wholesale and retail marketer of branded motor fuels under the Conoco, Phillips 66, Sinclair, and Shell brands as well as a supplier of unbranded fuels
• Court Square Capital Partners has $7 billion of assets under management

Offen Petroleum, which is backed by Court Square Capital Partners, has acquired G&S Oil Products’ wholesale division. No financial terms were disclosed.

Offen is a distributor of motor fuels, propane, and lubricants, and offers petroleum logistics services in 40 U.S. states.

Headquartered in Centennial, Colorado, G&S has been owned and operated by the Sussman family for over 50 years. G&S is a full-service wholesale and retail marketer of branded motor fuels under the Conoco, Phillips 66, Sinclair, and Shell brands as well as a supplier of unbranded fuels.

“We’ve had a long relationship with Bill Gallagher, and we knew that if we were going to sell our wholesale business, Offen would be the best partner for not only our wholesale customers, but also for our company operated stores, who will be a fuel customer of Offen’s,” stated Meyer Sussman, founder and president of G&S, in a statement. “The Offen team has a reputation of providing the highest level of customer care and they have a full breadth of resources that will benefit our customers.”

Headquartered in Commerce City, Colorado, Offen is a acquiror of companies in this consolidating marketplace. Offen distributes over 2.2 billion gallons of motor fuel annually and will serve customers throughout 40

Court Square Capital Partners has $7 billion of assets under management.