- Yesway, a Fort Worth, Texas-based convenience store operator, raised an additional $235m in equity funding
- Brookwood Financial Partners, the private equity firm that founded Yesway, was the sole private placement agent for the offering
- In total, the firm has raised over $642m in equity capital for its Yesway affiliate in addition to arranging over $237m in sale-leaseback proceeds
- The company also intends to use the capital to fund an extensive raze-and-rebuild and store remodel campaign across the portfolio
- Yesway has a portfolio of 402 stores located in Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma, and Nebraska
- The company plans to grow its portfolio to over 500 convenience stores in selected regions of the United States over the next several years
