Stratrix
On the Record · CrossAmerica Partners

CrossAmerica Partners acquisitions, on the record

The businesses CrossAmerica Partners bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Applegreen Midwest, LLC and Applegreen Florida, LLC (collectively, the "Sellers")
Word for word“On January 26, 2024, we entered into an agreement (the “Applegreen Purchase Agreement”) to acquire certain assets from Applegreen Midwest, LLC and Applegreen Florida, LLC (collectively, the “Sellers”) (the “Applegreen Acquisition”).” 10-K for 2023
agreed acquisitionJanuary 26, 2024—
assets from CSS
Word for word“On November 9, 2022, we closed on the acquisition of assets from CSS.” 10-K for 2023
acquisitionOn November 9, 2022, we closed on the acquisition of assets from CSS.—
7-Eleven (106-site acquisition)
Word for word“From late June 2021 through December 31, 2021, we closed on the purchase of 103 sites of our 106-site acquisition from 7-Eleven.” 10-K for 2023
acquisitionFrom late June 2021 through December 31, 2021, we closed on the purchase of 103 sites of our 106-site acquisition from 7-Eleven.—
7-Eleven (final three properties)
Word for word“In February 2022, we closed on the final three properties of our 106-site acquisition from 7-Eleven.” 10-K for 2023
acquisitionIn February 2022, we closed on the final three properties of our 106-site acquisition from 7-Eleven.—
sites divested during 2023 (18 sites)
Word for word“The following table provides a summary of our sites acquired, changes between customer groups or sold during 2023: Lessee Dealers Company Operated Commission Agents Total Number at beginning of year 691 255 185 1,131 Acquired — 2 1 3 Changes between customer groups (43 ) 39 4 — Divested (16 ) — (2 ) (18 ) Number at end of year (a) 632 296 188 1,116” 10-K for 2023
divestitureduring 2023—
Applegreen Midwest, LLC and Applegreen Florida, LLC (Applegreen Acquisition)
Word for word“The assets were acquired via the termination of the Partnership’s existing lease agreements with the Sellers at 59 locations, for total consideration of $16.9 million.” 10-K for 2024
agreed acquisition—$16.9 million
CSS (assets)
Word for word“On November 9, 2022, we closed on the acquisition of assets from CSS.” 10-K for 2024
acquisitionOn November 9, 2022, we closed on the acquisition of assets from CSS.—
Applegreen
Word for word“During the first half of 2024, we converted the 59 sites included in the Applegreen Acquisition and transitioned these sites from lessee dealer sites in the wholesale segment to company operated sites in the retail segment.” 10-K for 2025
acquisition——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$94.2 million$0$8.3 million
2017-12-31$75.6 million——
2020-12-31$28.2 million——
2021-12-31$273 million—$11.7 million
2022-12-31$29.6 million——

Deal filings since 2016

Read from CrossAmerica Partners’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.