![]() The news was first reported by Bloomberg on Wednesday, when Handy became available to online shoppers. This allows customers to order in-home installations for things like mounting TVs, or get help with assembling their furniture, among other things. This week, Walmart began offering online shoppers the ability to add Handy services to their cart at checkout. Now, that partnership is expanding to Walmart’s e-commerce site, too. Richmond-based GPM is a wholly owned subsidiary of Arko. The acquisition of Handy Mart brings GPM's total number of stores to 3,100, of which approximately 1,415 are company-operated and approximately 1,675 are dealer sites to which Arko supplies fuel.In March, Walmart announced it was partnering with Handy to sell its in-home installation and assembly services in over 2,000 of its brick-and-mortar retail stores. "My team and I were very pleased with their professional and thorough advice and tireless effort they put forth throughout the entire process. Spencer, Sean, and Kyle did an exceptional job during every step of the transaction," he added. "While the choice to sell the company was not an easy one, I have known Spencer, Sean, and the broader Matrix team for over a decade, so selecting them to advise on the sale made the decision that much easier for me. With the help of a great team around me, we built a first-class operation and many team members will be transitioning to GPM and continuing to provide excellent customer service to our customers throughout eastern North Carolina," said Judson Pope. "Given how long of a legacy my family and I have had with this company, selling was a very difficult decision for me. The transaction was managed by Spencer Cavalier, co-head of Matrix's Downstream Energy & Convenience Retail Group Sean Dooley, managing director and Kyle Tipping, associate. Pope & Son, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. provided merger and acquisition advisory services to E.J. In 1994, the company began co-branding stores with nationally recognized foodservice brands in order to enhance the store offerings.Īs of the closing, Pope Transport will be retained by Judson Pope and will continue to haul fuel to the 36 stores for GPM, as well as for its existing customer base. "Judson" Pope III, the company has grown the Handy Mart brand into a highly recognized regional chain of convenience stores. Over the next 45 years, and recently under the leadership of E.J. ![]() In 1975, the company made the decision to open its first c-store in Mount Olive, N.C., and the Handy Mart store brand was born. It entered the motor fuels distribution business in 1957 when E.J. In 1938, the company added a heating oil distribution division and rebranded as E.J. We pride ourselves on the ability to unify and maintain the banners of strong regional community brands under our leadership and resources."Į.J. "We look forward to expanding further in the Carolinas and providing customers with the high-quality products and service associated with our existing banner stores. "Handy Mart is a strong regional brand with great people and a robust culture that will make a fantastic addition to our family of community brands," said Arie Kotler, chairman, president and CEO of Arko Corp. This is Arko's 20th acquisition since 2013 and complements GPM's existing store network in the Old North State. The deal also includes one development parcel. Pope & Son Inc., dba Handy Mart.Īpproximately 20 branded quick-service restaurants or proprietary food offerings are co-located at the stores, all of which include fuel and are located in North Carolina. GPM Investments LLC is picking up 36 convenience stores in its acquisition of E.J.
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