---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-026177"
form_type: "8-K"
ticker: "ARKO"
cik: "0001823794"
company_name: "ARKO Corp."
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:41:19.022350+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ARKO completes $230M acquisition of Pride Convenience, adds 31 stores in Northeast

## Summary
- Total purchase price ~$230M plus inventory; ARKO funded ~$30M cash, Oak Street funded ~$202M via real estate leaseback.
- Adds 31 convenience stores, expanding ARKO's footprint into Massachusetts (34th state) and Northeast region.
- Expected annual run-rate Adjusted EBITDA ~$12.2M, with incremental annual rent of ~$12.2M to Oak Street.
- Acquisition is ARKO's 22nd since 2013, consistent with disciplined, accretive growth strategy.

## SEC filing metadata
- accession: 0000950170-22-026177
- form_type: 8-K
- ticker: ARKO
- cik: 0001823794
- company_name: ARKO Corp.
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823794/000095017022026177/0000950170-22-026177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823794/000095017022026177/arko-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-026177
- JSON: https://secwatch.observer/filing/0000950170-22-026177.json
- Plain text: https://secwatch.observer/filing/0000950170-22-026177.txt

## Key facts
- M&A Transactions
  ARKO Corp. completed an acquisition involving Pride Parent, LLC for $230 million plus the value of inventory (closed 2022-12-06).
  - Action: acquisition
  - Counterparty: Pride Parent, LLC
  - Consideration: $230 million plus the value of inventory
  - Closing: 2022-12-06
  source text: operates 31 convenience stores in the Northeast. Pursuant to the Purchase Agreement, at closing of the transaction, GPM was obligated to pay to Seller aggregate consideration of $230 million plus the value of inventory for all of the Interests, subject to certain closing adjustments. GPM financed from its own sources approximately $30 million of the cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823794/000095017022026177/0000950170-22-026177-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.