IPC (USA) INC - NOW TACenergy Revenue and Competitors

TACenergy, a division of The Arnold Companies (TAC), acquires U.S. wholesale petroleum distribution business of IPC (USA), Inc. (“IPC”) effective November 1, 2019. Increasing its west coast presence with a majority of the IPC sales team, TACenergy will maintain offices in Santa Ana, CA, Sacramento, CA and Seattle, WA. The shared expertise and TACenergy resources will allow local sales to continue providing the service expected by existing IPC customers. Along with the competitive fuel prices and reliable supply the TACenergy network offers expanded opportunities to all customers. Fred Sloan, Chief Operating Officer of TACenergy stated, “We are already working to harness the expertise of both groups to deliver innovation across the wholesale fuel sales network, leveraging national supply resources and managing administrative and logistics capabilities.” Sloan also added, “The acquisition builds upon the existing relationships of unbranded and branded fuel products which include Sinclair gasoline and Neste MY renewable diesel, allowing TACenergy to expand into the renewable diesel category and provide new alternatives for existing customers.” Many of the key operational and sales management team members will be joining TACenergy. Together, the combined team of industry leaders, from back office to frontline sales will position TACenergy to be one of the largest national wholesale fuel suppliers in the country, with annual sales exceeding 2.7 billion gallons and well over $5 billion in revenue. TACenergy is a Dallas, Texas based independent national wholesale distributor of refined petroleum products. TACenergy delivers added value to its customers through customized fuel management programs, a 24/7 Supply & Logistics call center and comprehensive carrier agreements. TACenergy has a vast terminal supply network with fourteen regional sales offices spanning North America. TACenergy is a division of TAC – The Arnold Companies. www.tacenergy.com.