4Refuel

On-Site Mobile Refueling

Overview

Our team liked the fundamentals we saw in 4Refuel – a unique, proven business with room to grow, particularly in earnings, and a dynamic founder who had fostered a world-class sales culture. 4Refuel is among the leading North American providers of on-site refueling and fuel management services, and the largest business of its kind in Canada. Under TorQuest's ownership, 4Refuel welcomed John Gleason as the new CEO with founder Jack Lee becoming Executive Chairman as part of his personal retirement plan. Working with TorQuest, Gleason and his team grew sales and earnings dramatically. TorQuest and its coinvestors sold their interest in the company to Kelso & Company in October 2013.