SCHEDULE 13G/A: Harvest Partners Affiliates Disclose 3.7% Stake in ARKO Corp. Common Stock
Beneficial Ownership Report
Multiple entities affiliated with Harvest Partners have filed an amended Schedule 13G, disclosing a shared beneficial ownership of 3.7% of ARKO Corp.'s common stock as of March 31, 2025.
Summary
- Harvest Partners Structured Capital Fund, L.P. and several related entities (GPM HP SCF Investor, LLC, GPM HP SCF Member, LLC, Harvest Associates SCF, L.P., Harvest Associates SCF GP, L.P., Harvest Partners Holdings, LLC, Harvest Capital Partners Holdings, L.P., and HP Holding, L.L.C.) have filed an Amendment No. 2 to Schedule 13G.
- The filing reports shared beneficial ownership of 4,275,931 shares of ARKO Corp. Common Stock.
- This ownership represents 3.7% of ARKO Corp.'s outstanding common stock.
- The percentage is calculated based on 115,771,318 shares of Common Stock outstanding as of February 24, 2025, as reported in ARKO Corp.'s Annual Report on Form 10-K filed on February 26, 2025.
- The shares are held of record by GPM HP SCF Investor, LLC.
- The reporting persons disclaim any intent to change or influence the control of ARKO Corp.
Sentiment
Score: 5
Explanation: This is a neutral filing, primarily a factual disclosure of beneficial ownership. It does not contain positive or negative financial performance data or strategic announcements.
Positives
- NA This filing is a disclosure of beneficial ownership and does not contain information typically categorized as 'positives' regarding company performance or outlook.
Negatives
- NA This filing is a disclosure of beneficial ownership and does not contain information typically categorized as 'negatives' regarding company performance or outlook.
Risks
- NA This Schedule 13G filing primarily discloses beneficial ownership and does not detail specific risks related to ARKO Corp.'s operations or financial health. The only inherent 'risk' from such a filing is the potential for future changes in ownership or influence, though the filers explicitly state no intent to change or influence control.
Future Outlook
NA This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding ARKO Corp.'s future performance or strategic outlook.
Industry Context
This filing indicates a significant, albeit passive, investment by a private equity group (Harvest Partners) in ARKO Corp., a company operating in the convenience store and fuel distribution sector. Such investments reflect institutional confidence in the company's long-term prospects or strategic value within its industry, though this specific filing does not provide details on the rationale.
Comparison to Industry Standards
- NA This Schedule 13G filing is a disclosure of beneficial ownership and does not provide financial results or operational metrics that can be directly compared to industry standards or specific comparable companies/projects. It merely states the size of an investment stake.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA This filing does not report any litigation or regulatory matters.
Related Party Transactions
- The filing details the hierarchical structure of the reporting persons, indicating that HP Holding, L.L.C. controls Harvest Capital Partners Holdings, L.P., which manages Harvest Partners Holdings, LLC, which controls Harvest Associates SCF GP, L.P., which controls Harvest Associates SCF, L.P., which controls Harvest Partners Structured Capital Fund, L.P., which manages GPM HP SCF Member, LLC, which manages GPM HP SCF Investor, LLC. This establishes a chain of control among the reporting entities, making them related parties in terms of their shared beneficial ownership of ARKO Corp. shares.
Stakeholder Impact
- Shareholders: The disclosure of a 3.7% stake by a group of institutional investors provides transparency regarding a significant ownership position in ARKO Corp. This can influence market perception of the stock, potentially signaling institutional confidence or a long-term investment horizon.
Next Steps
- NA This filing is a regulatory disclosure of current ownership and does not outline specific future actions, events, or milestones for ARKO Corp. or the reporting entities, beyond potential future amendments if ownership changes significantly.
Key Dates
| Date | Description |
|---|---|
| 2025-02-24 | Date as of which 115,771,318 shares of Common Stock were outstanding, based on ARKO Corp.'s Form 10-K. |
| 2025-02-26 | Date ARKO Corp. filed its Annual Report on Form 10-K with the SEC. |
| 2025-03-31 | Date of event which requires the filing of this Schedule 13G statement (beneficial ownership as of this date). |
| 2025-04-11 | Date the Schedule 13G Amendment No. 2 was signed. |
Keywords
ARKO Corp., Harvest Partners, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment, Equity Stake
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