About Quarles Petroleum
Quarles Petroleum is an Energy & Utilities company based in Fredericksburg (United States) founded in 1940, and was acquired by Matrix Capital Markets Group in July 2022. Residential heating fuel and fleet fueling services are supplied. It operates on a B2B2C and Subscription Services model. The company has 256 employees. 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. Its focus areas include Energy, Oil & Gas and Fuel Distribution. Its legal entity is Quarles Petroleum, a division of GPM Empire, LLC.
Company details
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.
- Headquarters Fredericksburg, United States
- Employees 256
- Stage Acquired
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website quarlesinc.com
- Social LinkedIn X Facebook
- Acquired by Matrix Capital Markets Group (Jul 2022)
- Legal Name Quarles Petroleum, A Division Of Gpm Empire, Llc
- Investors
- Employee Count256
- Investments & AcquisitionsColonialfueloil
& 2 more
- Acquired byMatrix Capital Markets Group
(Jul 2022)
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.
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 |
|---|---|---|---|---|
Investment banking services focused on mergers, acquisitions, capital advisory, and valuations. | matrixcmg.com |
Investor details for Quarles Petroleum
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Quarles Petroleum
12 people are tracked at Quarles Petroleum (2 in leadership, 10 in team); the tracked headcount is 256.
| Name | Role | Group |
|---|---|---|
Josh Powell | Vice President Operations | Leadership |
Christian Kurosaki | Director Of Inventory Accounting | Leadership |
Becky A. | Accounting Manager | Team |
James Offie | Client Relationship Manager | Team |
Mike Goheen | Territory/Account Manager - Fleet Fueling and Wireless Vehicle Management | Team |
Doug Edenton | Operations Manager | Team |
Natalie Muzyka Johnston, MBA | Business System Integrator | Team |
Robert Parsons | Region Operations Manager | Team |
Sarah H. MBA, PMP, CSM, CSPO | Information Technology Operations Manager | Team |
Mindy Meador | Operations Manager | Team |
Alisha Pham | Inside Sales Representative | Team |
Cecily Taylor Beben | Operations Support Administrator lll | Team |
Complete people profiles for Quarles Petroleum
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Distributor of petroleum products | dixiegas.com | Staunton, United States | 1946 | Oct 2020 | •••• | |
Propane gas is distributed to residential, commercial, and agricultural users. | reveregas.com | Hartfield, United States | 1942 | Dec 2018 | •••• | |
Provider of heating oil and propane delivery services | colonialfueloil.com | Manchester, United States | 0 | Jan 2018 | •••• |
Complete acquisition details for Quarles Petroleum
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Quarles Petroleum
5 dated milestones of Quarles Petroleum across 82 years, from founding to its latest funding, stage changes and deals.
- Founded Quarles Petroleum is founded.
- Acquisition Acquires Colonialfueloil.
- Acquisition Acquires Revere Gas.
- Acquisition Acquires Dixie Gas & Oil.
- Exit Acquired by Matrix Capital Markets Group.
Web traffic of Quarles Petroleum
The website of Quarles Petroleum (quarlesinc.com) receives about 9.6K visits a month.
- Monthly visits9.6K
▲ 31.8% vs previous month
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Quarles Petroleum (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Quarles Petroleum has 256 employees.
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.
Quarles Petroleum operates through Quarles Petroleum, A Division Of Gpm Empire, Llc.
Yes. Quarles Petroleum was acquired by Matrix Capital Markets Group in July 2022.