LV Petroleum Expands Network with Missouri TA Acquisitions, Strengthening Reach from Las Vegas Base
LV Petroleum, a prominent travel center operator and franchisee of TravelCenters of America (TA), known for its significant presence and base in Las Vegas, has announced a strategic expansion. The company has acquired two key travel centers in Missouri from Wilmoth Oil Co. LLC, based in Mount Vernon, Missouri. This move further solidifies LV Petroleum’s growing footprint across the United States, building upon its recent acquisitions and developments, including those impacting the Ta Travel Center Las Vegas area.
The acquired locations are the Ozarks Travel Center in Mount Vernon and TA Strafford in Strafford, Missouri.
Ozarks Travel Center site acquired by LV Petroleum, a company based near Las Vegas
The Ozarks Travel Center is a full-service TA-branded facility offering extensive amenities, including 225 truck parking spots, nine diesel lanes, three truck service bays, six showers, three food concepts (Wendy’s, Subway, and barbecue), and 26 gasoline multi-pump dispensers (MPDs). This robust offering caters to both professional drivers and leisure travelers.
TA Strafford is also a full-service TA-branded travel center. It features 130 truck parking spots, eight diesel lanes, two truck service bays, eight showers, two popular food concepts (Taco Bell and Subway), and four gasoline MPDs. Both locations represent significant operational hubs strategically located to serve traffic flow in the region. As LV Petroleum integrates these sites, travelers may see enhancements reflecting the company’s operational standards. Many travelers planning trips across the US seek reliable stops. best places to travel in us in january often involve long drives where such centers are vital.
Quyntyn Johnson, president of LV Petroleum, highlighted the strategic importance of this acquisition. “This strategic acquisition is a transformative step for LVP as we continue to deliver on our promise to provide exceptional service and innovative solutions to travelers,” Johnson stated. “These travel centers represent key hubs for convenience and connectivity, and we are excited to integrate them into our network.”
Based in Las Vegas, Nevada, LV Petroleum has been actively expanding its presence in the travel center sector through targeted acquisitions and partnerships. In 2024, the company made significant moves by acquiring a multi-site travel center portfolio located just outside of Las Vegas, including the Railroad Pass Travel Center and Eldorado Pass Travel Center. These acquisitions are particularly relevant to the “Ta Travel Center Las Vegas” landscape, influencing options for travelers in the immediate vicinity of the city. best places to travel late september trips in the region can benefit from well-maintained travel center networks.
As of January 2025, LVP operates a substantial network of 30 travel centers. The company is also actively engaged in further expansion, with six large-format, new-to-industry (NTI) travel centers currently under development and a growth pipeline focused on acquiring single-site locations. Beyond travel centers, LV Petroleum’s diverse portfolio includes the operation of 35 convenience stores located in Nevada and Arizona. Its services and amenities are available across a total of 17 states, demonstrating a wide-reaching impact on the US travel infrastructure. Travelers looking for best travel destinations in the us in november will increasingly encounter LVP’s presence.
The company also boasts a significant presence in the quick-service restaurant (QSR) market, operating 71 QSRs under 22 different franchise food brands. This extensive list includes popular names such as Arby’s, Bojangles, KFC, Starbucks, Taco Bell, Dunkin’ Donuts, Black Bear Diner, Sbarro, Carl’s Jr., Jimmy John’s, and Subway, among others, providing diverse dining options at their locations. Planning a family road trip? Finding convenient stops with various food options is key to best places to travel in february in usa with family.
Jeff Traub, Partner at Downstream Energy Group (DEG), the firm that provided exclusive merger-and-acquisition advisory services to LV Petroleum for this transaction, commented on the significance of the deal. “LVP is acquiring two high-profile travel centers that will further strengthen their growing footprint throughout the United States,” said Traub.
TravelCenters of America, headquartered in Westlake, Ohio, is a well-established brand within the bp portfolio, operating over 280 locations nationwide. LV Petroleum’s strategy of acquiring existing TA-branded centers like the ones in Missouri, as well as properties impacting the ta travel center las vegas market, leverages the strong recognition and network of the TA brand.
Jonesboro, Arkansas-based DEG specializes in M&A services for the convenience store, travel center, and wholesale distribution sectors within the downstream energy market. For this acquisition, DEG conducted a strategic review, provided valuation services, and managed the overall acquisition process.
This acquisition represents a key step in LV Petroleum’s ambitious growth plan. By integrating these two significant Missouri travel centers, LV Petroleum, with its core operations rooted near Las Vegas, continues to enhance its network, offering more comprehensive services and amenities to travelers and professional drivers across a broader geographic area, reinforcing its position as a growing player in the travel center industry.
