Holland & Knight Advises Tom Thumb Food Stores in Sale to The Kent Companies
MIAMI (June 20, 2023) – Holland & Knight represented Tom Thumb Food Stores Inc. in the sale of its business and real estate portfolio to Kent Kwik Convenience Stores, an entity of The Kent Companies. The acquisition closed on May 31.
Based in Hialeah, Florida, Tom Thumb Food Stores is a family-owned and operated gas station and convenience store chain that has maintained a presence in South Florida for more than 59 years. It operates 14 gas station and/or convenience stores and three Subway franchise locations, with stores spanning from Fort Lauderdale to Key West.
The Kent Companies, headquartered in Midland, Texas, are comprised of multiple entities, including Kent Kwik Convenience Stores, Mr. Payroll Check Cashing, Rustic Café, Huddle House, Baskin Robbins, Kent Car Washes, Kent Lubrication Centers, Westex Urgent Cares, Prince Signs, Kent Tire Company and Kent Fuels wholesale.
The acquisition will increase The Kent Companies' portfolio to 88 company-owned and operated gas station and/or convenience stores, including 152 dealer sites, throughout Texas, New Mexico, Oklahoma, Louisiana, Tennessee, North Carolina, South Carolina and Florida.
Holland & Knight's representation of Tom Thumb Food Stores was led by Partners Jorge Hernandez-Toraño and Shawn Amuial and Associates Daniel Ramos and Joshua Gutter. They were assisted by Partners Christopher Boyett, Nichole Scott, Christine Gay, Ryan Meadows, Christopher Marotta, Lawrence Curtin and John Dierking, Associate Braedon Morrow and Paralegal Suzette Perez.
More information about the transaction can be found here.