M&A - STAR GROUP, L.P.

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Form Type: 8-K

Filing Date: 2025-06-02

Corporate Action: Acquisition

Type: New

Accession Number: 000095017025080302

Filing Summary: On May 30, 2025, Star Group, L.P. entered into a Unit Purchase Agreement with Bandera Master Fund, L.P. to purchase 0.7 million common units for approximately $8.4 million in a private transaction, which closed on June 2, 2025. This transaction was conducted outside of the company's unit repurchase plan. Bandera Partners, LLC, the investment manager for the Seller, owned 3,445,360 common units as of March 31, 2025, as reported in a Form 13F filed earlier on May 13, 2025.

Additional details:

Unit Purchase Agreement Date: 2025-05-30


Purchase Quantity: 0.7 million


Purchase Price: 8.4 million


Transaction Close Date: 2025-06-02


Form Type: 8-K

Filing Date: 2025-01-10

Corporate Action: Acquisition

Type: New

Accession Number: 000095017025003924

Filing Summary: On January 10, 2025, Star Group, L.P. announced the completion of an acquisition involving a home energy distributor as per a definitive purchase agreement that was disclosed in December 2024. This transaction falls within the company's existing operating footprint. The announcement was made through a press release, which is included as Exhibit 99.1 of the filing. This report is filed under the Securities Exchange Act of 1934 and contains information not deemed 'filed' for Section 18 purposes.

Additional details:

Item Reported: press_release_date

Value: 2025-01-10


Item Reported: acquisition_details

Value: acquisition of a home energy distributor


Item Reported: previously_announced

Value: December 2024


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