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  ArcLight Capital Partners LLC affiliate, Chelsea Petroleum Products Holdings LLC, acquired Gulf Oil from Cumberland Farms Inc. in December 2015. ArcLight is one of the leading private equity firms focused on energy infrastructure investments. Founded in 2001, the firm helped pioneer an asset-based private equity approach to investing in the dynamic energy sector. The firm has invested approximately $15.3 billion in 97 transactions since inception, generating strong realized returns from 62 exits across diverse market cycles. “Gulf is well-established among consumers as a top tier brand and in recent years has experienced significant growth of marketed volumes,” said Dan Revers, managing partner and co-founder of ArcLight. In a related transaction, Blue Hills Fuels LLC, another ArcLight affiliate, purchased Gulf’s Assured Dealers business, which collects rent from more than 200 owned or leased, but non-operated, independently franchised sites under the Gulf or Mobil brand that also purchase branded product under contract from Gulf Oil. Petroleum Capital and Real Estate LLC (PetroCapRE) advised and represented PMG in the transaction. “This was a great opportunity for our client to further expand its existing retail network, customer base and management team in the Mid-Atlantic and Northeastern sections of the U.S.,” said John Sartory, managing director and principal of PetroCapRE.]]>