United Pacific, a joint venture between Fortress and Phillips 66, has completed a leveraged dividend recapitalization transaction

Client: United Pacific

Client Location: United States

Target: United Pacific

Target Location: United States

Client Description: United Pacific is one of the largest independent owners, suppliers and operators of gas stations and convenience stores in the Western United States. The company has over 3,500 team members in more than 450 locations spread across California, Oregon, Washington and Colorado. The company offers fuel under the 76, Conoco, Phillips 66, Shell, Chevron and United Oil brands, and offer convenience items through Rocket.

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