ArcLight Capital Partners and BP’s Acquisition of Thorntons


Lazard deserves as Thorntons’ exclusive financial advisor in connection with the deal. Vinson & Elkins LLP and Wyatt, Tarrant & Combs LLP served as legal advisors.

A joint venture between affiliates of ArcLight Capital Partners and BP executed the acquisition of Thorntons.

Thorntons Inc. owns and operates gas stations with convenience stores in Florida, Illinois, Ohio, Indiana, Kentucky, and Tennessee. The company’s stores sell fuel, beverages, fresh food, and retailer and wireless gift cards, as well as offer money order and lottery services. It also distributes petroleum products.

Vinson & Elkins advised Thorntons Inc. with a team including Jeff Floyd and counsel Jay Blackman with assistance from senior associate Brittany Sakowitz and associates Aaron Carpenter and Jonathan Sapp. Also advising were partner John Lynch and associate Lauren Meyers; partner David D’Alessandro and senior associate Heather Johnson; partner Billy Vigdor, counsel Sarah Mitchell, senior associate Crystal Stapley and associate Ryan Will; partner Brett Santoli and senior associate Michael Makhotin; partner Randy Jurgensmeyer and associate Courtney Hammond; partner Casey Hopkins and senior associate Jay Rothrock; partner Sean Becker and senior associate Christie Alcalá; and associate Sean Hill.

Involved fees earner: Christie Alcalá – Vinson & Elkins LLP; Sean Becker – Vinson & Elkins LLP; Jay Blackman – Vinson & Elkins LLP; Jeffery Burton Floyd – Vinson & Elkins LLP; Aaron Carpenter – Vinson & Elkins LLP; Crystal Y’Barbo Stapley – Vinson & Elkins LLP; David D’Alessandro – Vinson & Elkins LLP; Courtney Hammond – Vinson & Elkins LLP; Sean Hill – Vinson & Elkins LLP; George Hopkins – Vinson & Elkins LLP; Randy Jurgensmeyer – Vinson & Elkins LLP; John Lynch – Vinson & Elkins LLP; Michael Makhotin – Vinson & Elkins LLP; Lauren Messonnier Meyers – Vinson & Elkins LLP; Sarah Mitchell – Vinson & Elkins LLP; Heather Reynolds Johnson – Vinson & Elkins LLP; Jay Rothrock – Vinson & Elkins LLP; Brittany Sakowitz – Vinson & Elkins LLP; Brett Santoli – Vinson & Elkins LLP; Jonathan Sapp – Vinson & Elkins LLP; William Vigdor – Vinson & Elkins LLP; Ryan Will – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Thorntons Inc.;

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Author: Ambrogio Visconti