AEG Petroleum has partnered with Plexus Capital to enhance growth and expansion in the petroleum distribution sector following a funding deal facilitated by Flatirons Capital Advisors.

Information on the Target

Founded in 2010 by Wade Alexander, AEG Petroleum, based in Amarillo, Texas, is a prominent distributor specializing in fuel, diesel exhaust fluid (DEF), and lubricants. The company effectively operates several distribution centers and card lock stations across Texas, Oklahoma, and New Mexico, establishing a robust regional presence in the petroleum distribution sector.

With a commitment to safety, reliability, and exceptional customer service, AEG caters to a diverse clientele, including fleet, government, industrial, and agricultural accounts. Its reputation for maintaining integrity and building lasting relationships with customers and vendors underscores AEG's status as a leader in the industry.

Industry Overview in the Target’s Specific Country

The petroleum distribution industry in the United States is a crucial sector that supports various other industries, providing essential products for transportation, agriculture, and manufacturing. The industry's resilience stems from i