About Global Partners
Global Partners is a company based in Waltham (United States) founded in 1933.. The company has 4,840 employees as of December 31, 2024. Global Partners has completed 3 acquisitions, including Honey Farms, Tidewater Convenience and Xtramart. Global Partners offers products and services including Retail Stations, Wholesale Fuel Supply, and GlobalGLO Services. Global Partners operates in a competitive market with competitors including YPF, Viva Energy, Dorian LPG, Atlas and Altex Energy, among others.
- Headquarter Waltham, United States
- Employees 4840 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Global Partners Lp
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Annual Revenue
$17.16 B4.07as on Dec 31, 2024
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Net Profit
$94.98 M-33.39as on Dec 31, 2024
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EBITDA
$399.84 M11.81as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
4840
as on Dec 31, 2024
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Investments & Acquisitions
Honey Farms
& 2 more
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IPO & Listings of Global Partners
Global Partners is a publicly listed company on the NYSE with ticker symbol GLP in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Global Partners
Global Partners offers a comprehensive portfolio of products and services, including Retail Stations, Wholesale Fuel Supply, and GlobalGLO Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Network of stations for fuel sales and convenience services.
Bulk delivery of fuels like gasoline and diesel to businesses.
Offers low-carbon fuels and carbon offsets for environmental goals.
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Software Development Team
59 people
Leadership Team
30 people
Operations Team
26 people
Human Resources and Administration
23 people
Legal and Compliance
16 people
Sales and Marketing
14 people
Business Team
7 people
Regional Team
5 people
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Funding Insights of Global Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Global Partners
Global Partners has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Honey Farms, Tidewater Convenience and Xtramart. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Canned foods and dry goods are retailed by Tidewater Convenience.
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1992 | ||||
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Snacks, sandwiches, and coffee are retailed by Honey Farms.
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1969 | ||||
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The company Xtramart is linked to the domain xtramart.com.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Global Partners
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Global Partners Comparisons
Competitors of Global Partners
Global Partners operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YPF, Viva Energy, Dorian LPG, Atlas and Altex Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of natural gas & oil exploration and transportation services
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| domain | founded_year | HQ Location |
Fuel is processed and retailed via a network of stations.
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| domain | founded_year | HQ Location |
Liquefied natural gas logistics are managed via specialized services.
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| domain | founded_year | HQ Location |
Real estate services are provided by Atlas for residential properties.
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| domain | founded_year | HQ Location |
Crude oil transportation services are provided globally by Altex Energy.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Global Partners
Frequently Asked Questions about Global Partners
When was Global Partners founded?
Global Partners was founded in 1933.
Where is Global Partners located?
Global Partners is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Who is the current CEO of Global Partners?
Eric Slifka is the current CEO of Global Partners.
How many employees does Global Partners have?
As of Dec 31, 2024, the latest employee count at Global Partners is 4,840.
What is the annual revenue of Global Partners?
Annual revenue of Global Partners is $17.16B as on Dec 31, 2024.
What does Global Partners do?
In 2022, the company recorded annual revenues of 18.87B and a net profit of 0.36B.
Who are the top competitors of Global Partners?
Global Partners's top competitors include YPF, Viva Energy and Dorian LPG.
What products or services does Global Partners offer?
Global Partners offers Retail Stations, Wholesale Fuel Supply, and GlobalGLO Services.
Is Global Partners publicly traded?
Yes, Global Partners is publicly traded on NYSE under the ticker symbol GLP.
How many acquisitions has Global Partners made?
Global Partners has made 3 acquisitions, including Honey Farms, Tidewater Convenience, and Xtramart.
What is Global Partners's ticker symbol?
The ticker symbol of Global Partners is GLP on NYSE.
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