About Offen Petroleum
Offen Petroleum is a company based in Commerce City (United States) founded in 1933 was acquired by Court Square in June 2019.. The company has 135 employees as of December 31, 2022. Offen Petroleum has completed 6 acquisitions, including Bosselman Carriers, Bosselman Energy and Gas Depot. Offen Petroleum offers products and services including Fuel and Lubricants.
- Headquarter Commerce City, United States
- Employees 135 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Offen Petroleum, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Lariat Partners
& 1 more
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Employee Count
135
as on Dec 31, 2022
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Investments & Acquisitions
Bosselman Carriers
& 5 more
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Acquired by
Court Square
(Jun 27, 2019)
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Products & Services of Offen Petroleum
Offen Petroleum offers a comprehensive portfolio of products and services, including Fuel and Lubricants. 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.
Various fuels are distributed for industrial and retail applications to meet operational demands
Lubricants and additives are supplied to support machinery and equipment in diverse sectors
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Funding Insights of Offen Petroleum
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series A - Offen Petroleum | Valuation | Lariat Partners |
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| 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 |
Investors in Offen Petroleum
Offen Petroleum has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Lariat Partners and Court Square. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Private equity buyouts are conducted in North American middle-market firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Offen Petroleum
Offen Petroleum has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Bosselman Carriers, Bosselman Energy and Gas Depot. 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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Freight exchange services are facilitated for transportation networks.
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2014 | ||||
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Petroleum marketing, fuel distribution, and related services are provided.
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2010 | ||||
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Petroleum business services are provided in the United States.
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1999 |
| 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 - Offen Petroleum
| 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 |
Offen Petroleum Comparisons
Competitors of Offen Petroleum
| 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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Frequently Asked Questions about Offen Petroleum
When was Offen Petroleum founded?
Offen Petroleum was founded in 1933 and raised its 1st funding round 85 years after it was founded.
Where is Offen Petroleum located?
Offen Petroleum is headquartered in Commerce City, United States. It is registered at Commerce City, Colorado, United States.
Who is the current CEO of Offen Petroleum?
Bill Gallagher is the current CEO of Offen Petroleum.
How many employees does Offen Petroleum have?
As of Dec 31, 2022, the latest employee count at Offen Petroleum is 135.
What does Offen Petroleum do?
Wholesale distributor of fuel, lubricants, DEF, and propane. It supplies industrial fuel, propane, and lubricants accounts, as well as retail gasoline outlets. The company provides fuel-hauling services and offers a variety of motor fuel products. It also serves as a branded partner for gas station operations and supports businesses with bulk fuel tank needs. The distributor caters to diverse clients, including those with small portable tanks requiring regular fuel top-offs and government entities seeking fuel suppliers.
What products or services does Offen Petroleum offer?
Offen Petroleum offers Fuel and Lubricants.
How many acquisitions has Offen Petroleum made?
Offen Petroleum has made 6 acquisitions, including Bosselman Carriers, Bosselman Energy, and Gas Depot.
Who are Offen Petroleum's investors?
Offen Petroleum has 2 investors. Key investors include Lariat Partners, and Court Square.