YSWY Yesway Inc

$YSWY Opened new store in Odessa, Texas. They should ask Landman to film an episode there!

$YSWY Market gives a private equity discount but not a typical PE deal: • Focus on Real Asset Rollups, Not Cost Cutting: Brookwood didn't buy a mature company to fire staff. They founded Yesway from scratch in 2015 explicitly as an asset-aggregation vehicle. Their strategy was simple: buy highly fragmented, family-owned convenience stores in rural and suburban areas, centralize the technology and buying power, and build scale. • The "Crown Jewel" Acquisition: Instead of draining the cash register, Brookwood reinvested aggressively, culminating in the 2019 buyout of Allsup's. That acquisition provided the high-margin "secret sauce" (the prepared foodservice program) required to fuel organic growth, transforming the company from a real estate play into a powerful retail concept. • A Reasonable Debt Load: While many PE-backed IPOs hit the public market heavily distressed and suffocating under leverage, Yesway's debt-to-equity ratio sits at a relatively conservative 0.45.

$YSWY Convenience store business is like a monopoly ... different companies just carve out their own territory and it's all legal because they know how the antitrust game is played!