The fast-growing convenience store chain Yesway is showing no signs of momentum slowing down after it rose $190M in new equity.
The new influx will be used to continue funding its successful new store construction program. The majority of the structured equity comes from HPS Investment Partners, a leading global investment firm with $95bn of assets under management.
“We are tremendously excited to announce our new partnership with HPS,” said Tom Trkla, Chairman and CEO of Yesway. “We are deeply appreciative of the collaborative and accommodating nature of our discussions with HPS that showed a keen understanding of our business and are impressed by the talent of their investment team.”
