EzFill
Holdings, Inc. Successfully Closes Acquisition of Shell Fleet,
Accelerating Nationwide Mobile Fueling Expansion
Following the
Closing of its 2024 Transactions, EzFill Now Operating in
Miami, West
Palm Beach, Orlando, Tampa, Jacksonville, Los Angeles, San
Francisco, Nashville, Detroit, Dallas, Houston, Austin, San
Antonio, and Phoenix
MIAMI, FL -- January 7, 2025 -- InvestorsHub NewsWire -- EzFill
Holdings, Inc. (NASDAQ:
EZFL), a leading mobile fueling company, today announced the
completion of its purchase of a fleet of trucks from Shell Retail
and Convenience Operations LLC (“Shell”), a wholly owned subsidiary
of Shell Oil Products US. By integrating these trucks into its
existing fleet, EzFill has significantly bolstered its operational
capacity and expanded its service footprint in Texas while
launching in Arizona and furthering its mission to provide
efficient and reliable fueling solutions across its growing service
areas.
The transaction closed on December 27, 2024. As a result, EzFill
has officially commenced operations in four new markets: Phoenix,
San Antonio, Houston, and Austin; and expanded operations in
Dallas. EzFill has started integrating the Shell trucks into its
fast-growing infrastructure.
The goals of the acquisition include:
Expanding EzFill’s Fleet: The acquisition
adds 73 trucks, increasing the fleet to 139. This expansion will
bolster operational capacity, allowing the Company to handle a
larger volume of commercial accounts and ensure timely service
delivery in new and existing markets. EzFill expects to deliver
approximately 16 million gallons with these new trucks alone, in
2025.
Experiencing Market Growth and Further National
Expansion: With the purchase, EzFill now has a
presence in 6 states and 14 markets, including: Miami, West Palm
Beach, Orlando, Tampa, Jacksonville, Los Angeles, San Francisco,
Nashville, Detroit, Dallas, Houston, Austin, San Antonio, and
Phoenix.
“The expansion of our fleet and the opening of new markets is a
significant milestone in our journey toward achieving national
operations and a strong market presence,” said EzFill CEO Yehuda
Levy. “We grew this company from a small four-truck operation in
Miami Beach and are now operating 139 trucks across the country. As
one of the largest app-based mobile fueling companies, we hope to
deliver upwards of 26 million gallons and produce over $100 million
in revenues in 2025. We will continue to grow consistent service
standards and visibility while leveraging economies of scale to
improve efficiency and competitiveness. Furthermore, we believe
this new expansion will help us achieve the scale needed to reach
profitability in the near term.”
Alongside recent strategic moves such as acquiring Yoshi
Mobility’s fuel division, EzFill remains focused on driving
innovation, scaling its service model, and delivering enhanced
value to customers across a growing national footprint.
About EzFill Holdings, Inc.
EzFill is a Miami-based on-demand mobile fueling service that
provides fuel delivery directly to consumers and businesses,
eliminating the need for traditional gas stations. As one of the
largest mobile fuel delivery platforms in the United States, EzFill
focuses on convenience, safety, and efficiency for its users. Visit
us at ezfl.com.
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Investor Contact:
PCG Advisory
Jeff Ramson
jramson@pcgadvisory.com