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Strategic Joint Venture Between ArcLight and BP to Acquire Thorntons Inc.

Vinson & Elkins advised Thorntons Inc., a Louisville, Kentucky-based convenience store chain, in its acquisition by a joint venture created between affiliates of ArcLight Capital Partners and BP to grow in the downstream refined products segment.

The V&E corporate team was led by partner Jeff Floyd and counsel Jay Blackman with assistance from senior associate Brittany Sakowitz and associates Aaron Carpenter and Jonathan Sapp. Also advising were partner John Lynch and associate Lauren Meyers; partner David D’Alessandro and senior associate Heather Johnson; partner Billy Vigdor, counsel Sarah Mitchell, senior associate Crystal Stapley and associate Ryan Will; partner Brett Santoli and senior associate Michael Makhotin; partner Randy Jurgensmeyer and associate Courtney Hammond; partner Casey Hopkins and senior associate Jay Rothrock; partner Sean Becker and senior associate Christie Alcalá; and associate Sean Hill.

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