On May 30, 2025, Star Group, L.P., a Delaware limited partnership, announced its entry into a Unit Purchase Agreement with Bandera Master Fund, L.P. Under this agreement, Star Group agreed to purchase 0.7 million common units from Bandera Master Fund for approximately $8.4 million in a private transaction. This acquisition was conducted outside of the company's unit repurchase plan and was completed on June 2, 2025. Bandera Partners, LLC, the investment manager for the seller, previously reported holding or managing over 3.4 million common units as of March 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Star Group LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-080302), on June 02, 2025, and is solely responsible for the information contained therein.