Yesway Raises $190 Million In New Equity To Fund Its New Store Construction Program
Jan 30, 2023•over 2 years ago
Amount Raised
$190 Million
Investors
Hps Investment PartnersBw Gas & Convenience Holdings, Llc
Description
BW Gas & Convenience Holdings, LLC d/b/a Yesway is pleased to announce that it has raised $190 million in new equity in the second half of 2022 to continue funding its successful new store construction program. The majority of the structured equity comes from HPS Investment Partners ("HPS"), a leading global investment firm with $95 billion of assets under management.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech