MASON CITY — Six Mason City Kum & Go gas stations will change branding after their sale to a Massachusetts-based company earlier this year.
At least two Mason City stations were closed for the day on Thursday at 1303 Fourth St. S.W. and 1920 S. Federal Ave. as construction crews worked on renovations and removed signs.
The stations will be rebranded as Cenex gas stations and Yesway convenience stores.
The Mason City Kum & Go stations were purchased earlier this year by BW Gas & Convenience Holdings LLC of Beverly, Massachusetts.
BW Gas & Convenience is an affiliate of Brookwood Financial Partners, a private equity firm.
The Yesway convenience stores are part of an initial launch by the firm.
Most of the Mason City locations will be closed at least one day for construction, said Jayne Rice, managing director of Brookwood Financial Partners LLC.
418 S. Federal Ave.: open during remodeling
1224 N. Federal Ave. closed on Monday
1465 Fourth St. S.E.: closed on Monday
637 12th St. N.E.: closed on Tuesday
Kristie Bell, director of communications for Kum & Go, told the Globe Gazette in March that BW Gas & Convenience intended to retain all Kum & Go employees.
Bell said the sale reflected the corporate vision of both companies, with Kum & Go divesting itself of some of its properties at the same time BW Gas & Convenience is expanding.
Brookwood and BW Gas and Convenience have been making inroads into the Iowa market for several months.
In December, the company announced that BW Gas and Convenience had acquired a 10-store/gas station portfolio in western Iowa that included eight company owned-and-operated stores and two company-owned and dealer-operated stores.
According to a company news release, BW Gas and Convenience intends to purchase between 600 and 1,000 gas stations with convenience stores in selected regions of the United States over the next several years.
Brookwood is a private investment firm founded in 1993 that specializes in acquiring and managing commercial real estate and corporate securities on behalf of high net worth investors, family offices and trusts, according to the company.