About Parkland Corporation
Parkland Corporation is a company based in Calgary (Canada) founded in 1975 was acquired by Sunoco LP in May 2025. It operates as a Reseller / Distribution, and Direct-to-Consumer (D2C). The company has 6,080 employees as of December 31, 2024. Parkland Corporation has completed 22 acquisitions, including Bluewave Energy, Carter Oil and Conomart Super Stores. Parkland Corporation offers products and services including Retail Fuel Stations, Commercial Fuel Supply, Convenience Stores, and Electric Vehicle Charging.
- Headquarter Calgary, Canada
- Employees 6080 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parkland Corporation
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Annual Revenue
$19.67 B (USD)-12.79as on Dec 31, 2024
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Net Profit
$88.27 M (USD)-73.04as on Dec 31, 2024
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EBITDA
$1.09 B (USD)-11.38as on Dec 31, 2024
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Latest Funding Round
$500 M (USD), Debt – Conventional
Jul 10, 2019
- Investors
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Employee Count
6080
as on Dec 31, 2024
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Investments & Acquisitions
Bluewave Energy
& 21 more
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Acquired by
Sunoco LP
(May 05, 2025)
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IPO & Listings of Parkland Corporation
Parkland Corporation is a publicly listed company on the TSX with ticker symbol PKI in Canada, operating in the Retail trade 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 Parkland Corporation
Parkland Corporation offers a comprehensive portfolio of products and services, including Retail Fuel Stations, Commercial Fuel Supply, Convenience Stores, and Electric Vehicle Charging. 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.
Fuel stations are operated for refueling customer vehicles.
Bulk fuel is supplied to commercial transport sectors.
Convenience stores are managed for food and essentials.
Ultra-fast charging networks are provided for electric vehicles.
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Software Development Team
15 people
Finance and Accounting
12 people
Product Management Team
8 people
Leadership Team
7 people
Data Analysis and Operations Team
6 people
Human Resources and Administration
6 people
Sales and Marketing
4 people
Legal and Compliance
3 people
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Funding Insights of Parkland Corporation
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $500.0M
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First Round
First Round
(21 Dec 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Debt – Conventional - Parkland Corporation | Valuation |
investors |
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| Nov, 2018 | Amount | Debt – Conventional - Parkland Corporation | Valuation |
investors |
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| Mar, 2018 | Amount | Debt – Conventional - Parkland Corporation | Valuation |
investors |
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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 Parkland Corporation
Parkland Corporation has secured backing from 1 investor. Prominent investors backing the company include Sunoco LP. 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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Automobile fuel is distributed to retail stations by Sunoco LP.
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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 Parkland Corporation
Parkland Corporation has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include Bluewave Energy, Carter Oil and Conomart Super Stores. 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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Tiltrotors, quick couplers, and control systems for excavators are manufactured.
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2005 | ||||
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Petroleum products are distributed across the Caribbean by Sol Petroleum.
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2005 | ||||
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Distributor of fuels and lubricants
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
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 - Parkland Corporation
| 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 |
Parkland Corporation Comparisons
Competitors of Parkland Corporation
| 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 Parkland Corporation
Frequently Asked Questions about Parkland Corporation
When was Parkland Corporation founded?
Parkland Corporation was founded in 1975 and raised its 1st funding round 35 years after it was founded.
Where is Parkland Corporation located?
Parkland Corporation is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Parkland Corporation?
Bob Espey is the current CEO of Parkland Corporation.
How many employees does Parkland Corporation have?
As of Dec 31, 2024, the latest employee count at Parkland Corporation is 6,080.
What is the annual revenue of Parkland Corporation?
Annual revenue of Parkland Corporation is $19.67B as on Dec 31, 2024.
What does Parkland Corporation do?
Parkland Corporation is involved in the distribution, marketing, and retail of fuel across 26 countries. Operations are conducted in retail fuel stations, commercial fuel supply, and convenience stores. Sustainable solutions are integrated through renewable fuels and electric vehicle charging networks. The company is committed to reducing environmental impact while serving over one million customers daily. Sectors served include everyday consumers and industrial businesses. An integrated supply chain is maintained for refining, storing, and transporting fuels. Community support is emphasized through employee-driven donation programs.
What products or services does Parkland Corporation offer?
Parkland Corporation offers Retail Fuel Stations, Commercial Fuel Supply, Convenience Stores, and Electric Vehicle Charging.
Is Parkland Corporation publicly traded?
Yes, Parkland Corporation is publicly traded on TSX under the ticker symbol PKI.
How many acquisitions has Parkland Corporation made?
Parkland Corporation has made 22 acquisitions, including Bluewave Energy, Carter Oil, and Conomart Super Stores.
Who are Parkland Corporation's investors?
Parkland Corporation has 1 investor. Key investors include Sunoco LP.
What is Parkland Corporation's ticker symbol?
The ticker symbol of Parkland Corporation is PKI on TSX.