Yesway plans to open about 130 new convenience stores over the next five years, including six to eight new stores in 2026.
The company shared this in its registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO), which it filed Friday. The Fort Worth, Texas-based convenience-store chain, backed by private equity investment firm Brookwood Financial Partners, originally filed for an IPO in September 2021. However, in December 2022, Yesway said it was pausing its efforts to go public.
How Yesway built its c-store portfolio
Yesway had 419 stores in seven states as of Dec. 31, 2025, it said in the filing. The majority of its Yesway and Allsup’s convenience stores are in Texas, New Mexico and Oklahoma, with some Yesway stores also in South Dakota, Wyoming, Nebraska and Missouri. Yesway has agreed to sell its Iowa and Kansas convenience stores for $17.5 million plus inventory. It expects the sale of these stores to close by the end of the second quarter, it said in the SEC filing.
The company has grown both through mergers and acquisitions (M&A) and new builds. Its largest acquisition was in November 2019, when it picked up 304 units from Clovis, New Mexico-based Allsup’s, and nearly tripled its store count…