RelaDyne merges with Sun Coast Resources

RelaDyne, the largest lubricant distributor in the United States  headquartered in Cincinnati, Ohio, has partnered with Sun Coast Resources, one of the largest wholesale petroleum marketers in the country.

Based in Houston, Texas, Sun Coast is currently licensed in 49 states plus the District of Columbia. It has 21 facilities in the states of Texas, Louisiana, New Mexico, North Carolina, Oklahoma, and South Carolina.

The combination of Sun Coast and RelaDyne materially expands RelaDyne’s market share and geographic coverage throughout Texas, Louisiana, Oklahoma, New Mexico, and the Carolinas. Sun Coast also has a significant presence in transportation services capable of delivering end-to-end solutions across a broad range of customers and industries, including emergency and logistics services across the United States.

The combination presents RelaDyne’s customers with new service offerings across a national footprint and provides Sun Coast’s customers with access to RelaDyne’s expanded distribution footprint, robust product portfolio, and industrial reliability services.

“We are extremely pleased to partner with Sun Coast and are excited to welcome the Sun Coast employees to the RelaDyne family. We are thrilled to have both Kathy Lehne, Sun Coast’s founder and CEO, and Kyle Lehne, Sun Coast’s chief business development officer, as part of our combined company’s senior management team,” said Larry Stoddard, president and CEO of RelaDyne. 

“Sun Coast’s distribution capabilities in Texas and the Gulf Coast region focused on fuel, lubricants, DEF, and emergency response solutions along with its freight and logistics services reach across the entire nation and are highly complementary and significantly expand RelaDyne’s existing automotive, commercial, and industrial go-to-market strategy. This partnership is incredibly exciting for our business and will allow us to surround our customers with more comprehensive products and services than ever before.”

Lazard served as lead M&A advisor and RBC served as M&A co-advisor to RelaDyne. Sidley Austin served as M&A legal advisor and Ropes served as finance legal advisor to RelaDyne. Barclays served as the exclusive financial advisor and King & Spalding LLP served as legal advisor to Sun Coast Resources.