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Lutz M&A announced that it served as exclusive financial advisor to Fantasy’s, Inc. in connection with its recent acquisition by Casey’s General Stores, Inc. (“Casey’s). Casey's is a Fortune 500 company (NASDAQ CASY) operating over 2,100 convenience stores in 16 states in the Midwest and the South. Casey's is currently the fourth largest convenience store chain and the fifth largest pizza chain in the United States.
Founded in 1989, Fantasy’s is Omaha’s premium chain of gas stations, convenient stores
“The acquisition of the Fantasy’s chain is an excellent fit to our existing store base and will expand our presence in the greater Omaha market,” said Terry Handley, President
On working with Lutz M&A, Fantasy's owner Karen Spaustat observed, "Lutz did a great job guiding us through the process of marketing our company and introducing us to several interested parties. They ultimately helped us find the right fit with Casey's General Stores."
Commenting on the transaction for Lutz M&A, Bill Kenedy said, “It was a great opportunity to represent this long-term client of Lutz in this transaction. We are happy for the Spaustat family and believe Casey’s acquired a great company in
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- Activator, Achiever, Individualization, Analytical, Focus
Bill Kenedy
Bill Kenedy, Consulting & M&A Shareholder, began his career in 1990. He established Lutz's M&A practice in 2015 and has led its growth since then while serving on both the firm's board of directors and the Lutz Financial board.
Specializing in mergers and acquisitions, Bill guides business owners through critical transition decisions. He provides comprehensive exit planning and transaction services, with specialized expertise in the construction industry. Bill values helping owners achieve optimal outcomes by developing strategic solutions tailored to their unique situations.
At Lutz, Bill says it straight, offering candid guidance that helps owners make informed decisions about their businesses' futures. His direct approach to setting realistic expectations, combined with his focused drive to get deals done, has made him the go-to advisor for business transitions. As a Certified Exit Planning Advisor (CEPA), Certified Public Accountant (CPA), and Accredited Business Valuator (ABV), Bill brings technical expertise to every transaction. Under his leadership, the M&A practice has grown from a concept to a cornerstone of Lutz's service offerings.
Bill lives in Elkhorn, NE, with his wife, Angela. Outside the office, he spends time fishing, hunting, and following various sports teams.
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