NRC Realty Advisors, LLC has announced that P. A. (Andy) Weber III has joined the firm as senior vice president. Weber comes to NRC from Corner Capital Partners, LLC, which he had founded.
“With a deep background in the convenience store and petroleum industries as a jobber, chain owner and operator, plus broad transactional experience from private equity groups and Corner Capital Partners, LLC, Andy will provide NRC clients an unmatched understanding of the intricacies of their businesses, and a dedication to the successful realization of their objectives,” said Denny Ruben, managing partner with NRC.
Acting as both principal and advisor, Andy has successfully performed sell-side engagements, capital raises, structured acquisition financing, sale-leaseback transactions, and buy-side projects totaling over $600 million in convenience retailing. Current and past clients include Good Time Stores, Oasis Markets, Qik n EZ, Entrée Vous, Shell Wholesalers of New Orleans, Golden Gate Petroleum, TBS Petroleum & On-the-Go Foodservice.
Weber began his career in the downstream segment of Shell Oil Company. During his tenure there, he served in various sales and marketing management capacities and was responsible for Shell’s investments in dealer and company-operated retail markets, including New Orleans, Birmingham and Chicago.
Subsequently, Weber was an international consultant in Arthur D. Little’s Global Energy Practice. There he developed the Dynamic Brand Management practice model for ADL’s marketing practice and was responsible for ADL’s quarterly energy supply/demand reports for the U.S. and world markets. He then spent 10 years with Roundtree Capital, a private equity group, as a principal with its affiliates, having a primary responsibility of building and managing its investments in wholesale fuel and convenience retailing, manufacturing and biotechnology. While there, he was responsible for the growth of the investment portfolio from $100 million to $600 million in annual revenues.
Most recently, Weber founded and operated Corner Capital Partners, LLC, which provided investment banking and advisory services to companies with revenues up to $500 million, with a specialty focus in gasoline and convenience retail.
Weber earned his undergraduate degree from the University of Texas and his MBA from Rice University.