(Beverly, MA) – June 22, 2016 – BW Gas & Convenience Holdings, LLC (“BW Gas & Convenience”), an affiliate of Brookwood Financial Partners, LLC (“Brookwood”), a nationally-recognized private equity investment firm, today announced that Lisa Dodson, Kolby Jones, Greg Penman, Tony Sparks and Rebecca Teiken have joined BW Gas & Convenience’s management team. BW Gas & Convenience owns and operates gas stations with convenience stores in selected regions of the United States and has plans to expand its portfolio to between 600 and 1,000 stores over the next several years.
“We are very pleased to welcome this experienced and knowledgeable group of professionals to our management team,” stated Brian Trout, Senior Vice President of Operations for BW Gas & Convenience. “With these new hires, the entire BW Gas & Convenience management team is now in place ahead of our next pending acquisition of approximately 21 stores in Iowa. Given their collective experience in the convenience store space, we have no doubt that each will have an immediate and significant impact on the operations and performance of our company.”
Ms. Dodson will serve as Pricebook Manager and will be responsible for operating the company’s pricebook database and coordinating product set-ups and price changes in alignment with in-store promotions. Prior to joining BW Gas & Convenience, Ms. Dodson was a Center Store Pricing and Assortment Manager for Dahl’s Foods where she worked with vendors to bring in new merchandise and set base retail pricing and promotional schedules. Prior to this, Ms. Dodson was a Pricebook Manager for Kum & Go, L.C (“Kum & Go”) where she implemented the PDI-Enterprise system in over 400 stores. Ms. Dodson is a graduate of Blackhawk College.
Mr. Jones and Mr. Penman will both serve as Regional Directors of Acquisitions and will be responsible for acquiring additional gas stations with convenience stores in the Midwest region.
Prior to joining BW Gas & Convenience, Mr. Jones was Director of Business Development for Ecosystem Services Exchange where he was responsible for managing all of the firm’s accounts and developing new business opportunities. Prior to this, Mr. Jones was a Real Estate Development Representative for Kum & Go where he was responsible for deal negotiation, acquisition and development of potential store locations for the Iowa, Colorado, Nebraska, South Dakota, North Dakota and Wyoming territory. Mr. Jones is a graduate of Florida State University.
Mr. Penman comes to BW Gas & Convenience from Walmart where he was a Real Estate Manager. In this capacity, Mr. Penman populated the firm’s real estate acquisition pipeline with new, expansion and relocation projects to maximize investment and shareholder return. Prior to this, Mr. Penman was a Real Estate Project Manager for Delek US where he sourced and negotiated acquisitions for the firm’s 400-store portfolio of gas stations with convenience stores. Mr. Penman began his career identifying and executing real estate development strategies for BP. Mr. Penman is a graduate of McKendree College.
Mr. Sparks will serve as Vice President of Merchandising and will be responsible for managing all merchandising department activities including pricing, product mix, placement and promotional activity for all categories and locations. Prior to joining BW Gas & Convenience, Mr. Sparks was the Vice President of Marketing for Southwest “C” Stores where led the firm’s 300-store convenience store chain to record sales and gross profit dollars in 2015 and led all marketing, merchandising and advertising initiatives. Previously, Mr. Sparks was Director of Marketing for Family Express and prior to that, he was a National Category Manager for 7-Eleven, Inc. Mr. Sparks is a graduate of the University of Nevada.
Ms. Teiken will serve as Senior IT Manager and will be responsible for leading all connectivity and technology initiatives. Previously, Ms. Teiken was a Project Manager for Drop Tank where she was responsible for hardware deployment to 4,000 retail sites. Prior to this, Ms. Teiken was an IT Program Manager for BP where she was responsible for developing a training program for 4,000 employees across 1,700 sites across the United States. Ms. Teiken is a graduate of William Penn University.
Ms. Dodson, Mr. Jones, Mr. Sparks and Ms. Teiken will be based out of BW Gas & Convenience’s Des Moines, IA regional headquarters. Mr. Penman will be based out of BW Gas & Convenience’s Bentonville, AR office.
About Brookwood Financial Partners, LLC – Brookwood is a nationally-recognized private equity investment firm that specializes in acquiring and managing value-add commercial real estate and related operating businesses on behalf of a select group of institutional investors, family offices and high net worth individuals. Since its founding in 1993, Brookwood has raised over $810 million of equity to acquire a portfolio of 199 commercial real estate and convenience store properties, with a realized and unrealized value in excess of $2.2 billion. The portfolio has spanned multiple asset classes, geographical markets and industries across the United States.