Stamford, Connecticut, December, 2012 – TrueNorth Capital Partners LLC is pleased to announce that it acted as exclusive financial advisor and investment banker to Manley’s Mighty-Marts, LLC (“Manley’s”) on its sale of a select number of convenience stores with fuel to Rome Gas Inc. and its affiliate JP Oil Group, Inc. (“Rome”).

Manley’s, established for nearly almost 20 years, operates the greatest number of full-line, free-standing Convenience Stores in the Binghamton NY market, all offering gasoline sales under the Valero and Gulf brand labels. Since inception, the Company has grown through a combination of acquiring established store locations and building new stores when prime locations became available for purchase. Each of the stores is located on Company owned property.

All but one of Manley’s stores are concentrated within a 20 mile radius in and around Binghamton in Broome County, New York. The stores benefit from locations with both high traffic counts and dense populations.

Fred Rossetti, lead banker on this transaction indicated that “the decision to sell these select stores by Manley’s captured the increased store volumes caused by the Marcellus shale natural gas strike located in the immediate area”. After the sale, Manley’s continues to maintain a significant presence in the marketplace.

About TrueNorth Capital Partners LLC:

TrueNorth Capital Partners, LLC www.truenorthcp.com provides corporate advisory services on mergers and acquisitions and restructurings as well as provides valuations and fairness opinions primarily to middle market companies. Capitalizing on the vast international M&A and restructuring backgrounds of the founders, the firm provides sophisticated financial advice to middle market clients. TrueNorth’s professionals have built their careers and reputations serving this market and understanding its intricacies. Their skills have been evidenced in hundreds of assignments and they have completed those assignments while always remaining true to their core principles: unwavering commitment to our clients’ best interests and the highest standard of service. TrueNorth conducts its securities-related business through its wholly owned subsidiary TNCP, LLC, member FINRA/SIPC.

Contacts:
Fred Rossetti
frossetti@truenorthcp.com
203.604.2007 – Main