AXIS Completes Sale of Chevron Gas Stations And Convenience Stores In Tucson, Arizona
Online, August 10, 2011 (Newswire.com) - AXIS Business Advisory Services, LLC ("AXIS"), acting as exclusive financial advisor to Fisher Arizona LLC is pleased to announce the successful asset sale to Western Refining Southwest, Inc. The sale consisted of Chevron branded gas stations and convenience stores in Tucson, Arizona.
"This was the second transaction we closed in as many months representing owners of gas stations and convenience stores in Tucson, Arizona. Western Refining Southwest, Inc. was the acquirer in both transactions. I think it is another excellent strategic move by Western Refining as a means to lock up distribution for their refined product. AXIS has a niche in the gas station, convenience store and car wash space with multiple successful financings, sale/merger transactions, and repositionings," said Marc Berger, Co-Managing Director for AXIS and lead principal for this transaction.
About AXIS Business Advisory Services, LLC
AXIS consultants specialize in providing advisory, restructuring, financing, special servicer and merger & acquisition consulting services. The firm members have extensive experience in numerous industries with an unprecedented track record of success. AXIS prides itself on developing ideas and solutions that maximize value and minimize loss during the course of its client engagements.
AXIS is a national advisory firm with resources in key geographic markets. AXIS has the ability to react quickly to client demands. Senior management at AXIS is committed to providing direction and delivering results for all our clients.
About Marc Berger
Mr. Berger has more than 30 years of experience advising companies in numerous capacities. His experience has included developing strategic alternatives, implementing financial restructurings and corporate finance transactions. He is a seasoned retail specialist with experience in strategic planning, implementation, leasing, financing and restructuring in various retail sectors including entertainment, high volume food service, recreation and traditional chain retail. He has extensive expertise in master planned communities and single/multi-family development including, acquisitions, dispositions, valuations, restructurings and project and entity financings. Mr. Berger has led capital formation activities through private placements and public offerings of debt and equity securities, conventional project, entity and joint venture financing with both national and international clients. Mr. Berger also has private and public experience in valuation, acquisition, disposition, merger, LBO, joint ventures and company formation. In addition, Mr. Berger has also provided expert witness testimony in complex litigation matters.
Mr. Berger was formerly a partner at PriceWaterhouseCoopers as well as Arthur Andersen. In addition, he was a Senior Manager with Kenneth Leventhal & Co. Prior to joining AXIS, Mr. Berger was a Principal with a nationally recognized financial advisory firm specializing in distressed situations. Mr. Berger has an MBA with a concentration in Real Estate Finance and a BA in Economics. In addition, he has been a licensed Real Estate Broker in California since 1984, and also holds a California C-53 Contractors License.
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Tags: asset sale, Axis, AXIS Business Advisory Services, Chevron, conv, Fisher Arizona, gas station, marc berger, REstructuring, Western Refining Southwest