About Quarles Petroleum
Quarles Petroleum is a company based in Fredericksburg (United States) founded in 1940 was acquired by Matrix Capital Markets Group in July 2022. It operates as a B2B2C and Subscription Services. The company has 256 employees as of December 31, 2022. Quarles Petroleum has completed 3 acquisitions, including Colonialfueloil, Dixie Gas & Oil and Revere Gas. Quarles Petroleum offers products and services including Fleet Fuel Cards, On-Site Fueling, DEF (Diesel Exhaust Fluid), Lubricants, and GPS Fleet Management.
- Headquarter Fredericksburg, United States
- Employees 256 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Quarles Petroleum, A Division Of Gpm Empire, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
- Investors
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Employee Count
256
as on Dec 31, 2022
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Investments & Acquisitions
Colonialfueloil
& 2 more
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Acquired by
Matrix Capital Markets Group
(Jul 25, 2022)
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Products & Services of Quarles Petroleum
Quarles Petroleum offers a comprehensive portfolio of products and services, including Fleet Fuel Cards, On-Site Fueling, DEF (Diesel Exhaust Fluid), Lubricants, and GPS Fleet Management.
Fuel cards are provided for fleet fueling access nationwide.
On-site fueling stations are installed for business convenience.
DEF is supplied to reduce emissions in diesel vehicles.
Bulk lubricants are delivered for fleet maintenance needs.
GPS technology is offered for fleet tracking and insights.
People of Quarles Petroleum
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Funding Insights of Quarles Petroleum
Detailed funding history for Quarles Petroleum
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Investors in Quarles Petroleum
Quarles Petroleum has secured backing from 1 investor. Prominent investors backing the company include Matrix Capital Markets Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services focused on mergers, acquisitions, capital advisory, and valuations.
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Locked | Locked | Locked |
Investor details for Quarles Petroleum
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Investments & Acquisitions by Quarles Petroleum
Quarles Petroleum has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Colonialfueloil, Dixie Gas & Oil and Revere Gas.
Investment portfolio details for Quarles Petroleum
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Distributor of petroleum products
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Locked | Locked | 1946 | Locked | |
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Propane gas is distributed to residential, commercial, and agricultural users.
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Locked | Locked | 1942 | Locked | |
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Provider of heating oil and propane delivery services
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Locked | Locked | 0 | Locked |
Complete acquisition details for Quarles Petroleum
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Financial Statements - Quarles Petroleum
Detailed financials for Quarles Petroleum
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Quarles Petroleum Comparisons
Peer comparison for Quarles Petroleum
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Competitors of Quarles Petroleum
Detailed competitors of Quarles Petroleum
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Latest news on Quarles Petroleum
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Frequently Asked Questions about Quarles Petroleum
Quarles Petroleum was founded in 1940.
Quarles Petroleum is headquartered in Fredericksburg, United States. It is registered at Fredericksburg, Virginia, United States.
As of Dec 31, 2022, the latest employee count at Quarles Petroleum is 256.
Quarles Petroleum is involved in providing fuel and lubricant solutions for fleets across the United States. The company operates over 175 cardlock fueling stations and partners with 98 of nationwide retail fueling sites to ensure accessibility. Premium diesel, diesel exhaust fluid, biodiesel, and unleaded gasoline are offered alongside on-site fueling setups for businesses. Flexible fleet fuel cards are provided with features like tiered discounts, detailed reporting, and GPS tracking for fleet management. National lubricant brands are delivered in bulk to support fleet maintenance. The focus is placed on quality fuel, exceptional customer service, and tailored solutions for fleet operators in the energy sector.
Quarles Petroleum offers Fleet Fuel Cards, On-Site Fueling, DEF (Diesel Exhaust Fluid), Lubricants, and GPS Fleet Management.
Quarles Petroleum has made 3 acquisitions, including Colonialfueloil, Dixie Gas & Oil, and Revere Gas.
Quarles Petroleum has 1 investor. Key investors include Matrix Capital Markets Group.