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Pilot Thomas Logistics is one of the largest energy logistics companies in the United States based on gallons of refined fuel and lubricants sold. It has developed a comprehensive offering of refined petroleum products, value added logistics and energy management services. The company addresses customers in a diverse set of end markets including trucking, drilling and exploration, marine, railroad, mining and automotive.

Business & Technology Services - Petroleum and lubricants
Fort Worth, Texas
  Date of Investment:   
April 2004
WCP Fund II, WCP Fund I
  Date of Exit:
January 2009 and September 2012 (Recapitalization Transactions)
Areas of Acquisition Focus

  • Petroleum products marketing and service providers in North America
Add-on Acquisitions
  • Economy Boat Store and Radcliff/Economy Marine Services October 2015
  • Western Petroleum September 2012
  • DeCristo Oil February 2011
  • Beard Oil December 2010
  • Mid-State Industrial Lubricants August 2009
  • Paulson Oil Company December 2007
  • Farmington Oil Company November 2007
  • Lubricant blending facility November 2007
  • Petroleum Products May 2007
  • Transport Services of Oklahoma October 2006
  • Canyon State Oil Company September 2006
  • Pecos September 2006
  • McLain Truck Service June 2006
  • Hartney Companies January 2006
  • Trevco June 2005
  • Simons Petroleum April 2004
Related News


“Waud Capital added tremendous value as an investor and partner for Maxum. In addition to providing capital to support our growth, WCP assisted us with recruiting, upgrading our corporate infrastructure, and sourcing attractive acquisition candidates. WCP's extensive experience in consolidating industries helped our management team successfully close and integrate 19 acquisitions in a nine-year period.”

Perot Bissell
Former CEO of Maxum Petroleum


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