secwatch.observer — SEC 8-K summary
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Issuer:     CrossAmerica Partners LP (CAPL)
CIK:        0001538849
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0000950170-22-024571
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CrossAmerica closes $27.5M acquisition of Community Service Stations assets
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- Purchase price of $27.5M plus working capital for wholesale fuel supply contracts in Greater Boston.
- Acquired assets include ~75M gallons annually across 38 dealer-owned, 35 subjobber, and 2 commission locations.
- Financed with cash on hand and undrawn revolver capacity; expected to be immediately accretive to distributable cash flow.
- Supply contracts include brands such as Exxon Mobil, Shell, and Gulf.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538849/000095017022024571/0000950170-22-024571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538849/000095017022024571/capl-20221109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-024571

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer