What is Yesway?
Founded in 2015, Yesway has rapidly established itself as a key player in the U.S. convenience retail sector. Operating hundreds of stores across nine states, the company offers a comprehensive selection of quality food, beverages, snacks, groceries, and private-label products, complemented by competitively priced fuel. Yesway's strategic focus centers on delivering an exceptional customer experience, fostering community ties, and expanding its food-service capabilities, positioning it for sustained growth in a competitive market.
How much funding has Yesway raised?
Yesway has raised a total of $705M across 3 funding rounds:
Private Equity
$235M
Other Financing Round
$190M
IPO
$280M
Private Equity (2020): $235M with participation from Brookwood Financial Partners
Other Financing Round (2023): $190M led by HPS Investment Partners and Brookwood Financial
IPO (2026): $280M, investors not publicly disclosed
Key Investors in Yesway
HPS Investment Partners
HPS Investment Partners is a leading global investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for its clients, managing various strategies across the capital structure.
Brookwood Financial
Brookwood Financial Partners, L.P. operates as a private equity firm, focusing on real estate, communication, outsourcing, and software sectors, serving clients across the United States.
What's next for Yesway?
The substantial enterprise-level funding and recent strategic investment signal Yesway's ambition for significant scaling and market consolidation. This capital infusion is expected to accelerate store network expansion, enhance technological infrastructure for improved customer engagement, and potentially support strategic acquisitions. The company's focus on operational excellence and diversified offerings suggests a continued push towards market leadership within the convenience store and fuel retail industry.
See full Yesway company page
