Press Release

Morgan Lewis Advises Private Equity Funds Involved in Yesway IPO

April 24, 2026

NEW YORK, April 24, 2026: Morgan Lewis advised BW Gas & Convenience Funds I, II, and III (the BW Funds) in connection with the initial public offering of Yesway Inc., a retail gas and convenience store chain. The BW Funds were formed to execute on a roll-up strategy of the underlying retail gas and convenience stores that eventually became Yesway. The firm also advised Brookwood Financial Partners on the structure and formation of the BW Funds prior to the Yesway IPO.

Brookwood is a private equity real estate investment firm focused on commercial real estate and related operating businesses.

The Morgan Lewis team advising Brookwood included partners Stephen C. Tirrell, Jason P. Traue, Michael B. Richman, Adam M. Holmes, and associates Diana Li Chikwamba and Brendan J. Corriere.

For more, read Yesway’s announcement.