What FJ Management does

FJ Management, Inc. is a privately held, family-owned holding company headquartered in Salt Lake City, Utah, founded in 1968 by O. Jay Call (originally as Flying J). Following a 2008 Chapter 11 reorganization led by current CEO Crystal Call Maggelet and a 2010 rebranding, the company operates as a diversified parent overseeing wholly-owned subsidiaries across energy, banking, hospitality, healthcare, and real estate. Its energy vertical includes Big West Oil (a high-conversion refinery in North Salt Lake City), Maverik (a multi-state convenience store brand), Maverik Logistics (over 1 billion gallons of fuel and 0.5 billion gallons of crude delivered annually across 12 Western states), and Solar Transport (a 60+ year tank truck carrier). Financial services are delivered through TAB Bank, a technology-driven online bank serving consumers and businesses nationwide since 1998. Hospitality is operated via MacCall Hotel Management (Crystal Inn Hotel & Suites in Utah/Montana and a Staybridge Suites by IHG in Carson City, NV), healthcare through VIO Med Spa, and real estate through FJM Real Estate, which manages nearly $3 billion in assets and develops 40+ new-to-industry convenience stores per year.

FJ Management employs 17,000+ people across 28 U.S. states and generates revenue across multiple transaction-based streams: petroleum refining and retail fuel sales, wholesale fuel and crude logistics, online banking fees, hospitality room revenue, med spa services, real estate asset management, and solar energy investments through FJ Investments. Its go-to-market spans owned retail (Maverik stores), wholesale fuel supply to enterprise customers (Costco, Sam's Club, Smith's, Pilot Flying J), digital banking (TAB Bank), direct-to-consumer med spa locations, and B2B logistics. The holding company does not market a unified product platform; each subsidiary operates as an independent brand under FJ Management's stated principles of Integrity, Excellence, and Mutual Respect, with internal coordination supported by UKG's HR technology suite (UKG Pro and UKG People Assist). Community impact is delivered through Call to Action Philanthropies, which has invested more than $100 million since 2007 into education, affordable housing, food security, and scholarships across the West and Midwest.

Name

FJ Management

Legal name

FJ Management Inc.

Website

https://fjmgt.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

FJ Management is a privately held, family-owned Salt Lake City holding company operating subsidiaries in oil refining, convenience retail (Maverik), fuel logistics, online banking (TAB Bank), hotels, med spas, real estate, and solar energy, serving consumers and enterprises across 28 U.S. states.

Ownership category

akta.pro rank

Product category

Diversified Holdings

akta.pro primary industry

Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)

akta.pro secondary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Petroleum refining
• Convenience store retail
• Online banking services
• Fuel logistics transportation
• Med spa services

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Petroleum Products (Refining & Convenience Stores): Revenue from oil refining through Big West Oil and convenience store operations through Maverik. Big West Oil supplies fuel products to select customers including Maverik, Pilot Flying J, Costco, Smith's, and Sam's Club. Maverik operates convenience stores across 12 Western states.
2. Fuel Transportation & Logistics: Maverik Logistics delivers over 1 billion gallons of fuel annually to stores across 12 Western states, and supplies half a billion gallons of crude oil each year to refineries in Utah and Wyoming. Solar Transport provides tank truck carrier and logistics services.
3. Banking & Financial Services: TAB Bank provides technology-driven, online banking services to individuals, families, and businesses nationwide, originally serving the transportation industry and now expanding to broader financial solutions.
4. Hospitality: Hotel management through MacCall Management operating Crystal Inn Hotel & Suites properties in Utah and Montana, and Staybridge Suites by IHG in Carson City, NV.
5. Real Estate: FJM Real Estate acquires, develops, and manages real estate for FJ Management and its subsidiaries, managing build-to-suit developments and developing 40+ new-to-industry convenience stores each year.
6. Healthcare/Med Spa: VIO Med Spa operates wellness and aesthetics clinics offering cutting-edge technologies and therapies, generating revenue from aesthetic and wellness services.
7. Solar Energy: FJ Investments collaborates on large-scale solar energy projects with top-tier solar developers, contributing to renewable energy solutions and delivering long-term value.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels3 records

Core offering

FJ Management, Inc. is a privately held holding company that manages a diversified portfolio of energy, banking, hospitality, healthcare, and real estate businesses through wholly owned subsidiaries. Its principal revenue-generating operations include oil refining (Big West Oil), convenience store retail (Maverik), fuel logistics (Maverik Logistics, Solar Transport), online banking (TAB Bank), wellness and aesthetics services (VIO Med Spa), hotel management (MacCall Management), and real estate acquisition and development (FJM Real Estate).

Product overview

FJ Management is a Utah-based privately held holding company that manages a diverse portfolio of petroleum, healthcare, and hospitality-related business subsidiaries under guiding principles of Integrity, Excellence, and Mutual Respect. The company does not offer a unified product platform; rather, it operates as a parent company overseeing distinct subsidiary businesses across multiple industries including: Big West Oil (oil refining in North Salt Lake City), Maverik (convenience stores/adventure's first stop brand), Solar Transport (tank truck carriers and logistics), FJ Investments (solar energy projects), Maverik Logistics (fuel delivery), TAB Bank (technology-driven online banking), Vio Med Spa (wellness and aesthetics), FJM Real Estate ($3 billion in assets under management), and MacCall Hotel Management (Crystal Inn Hotel & Suites, Staybridge Suites). The company employs 17,000+ people across 28 U.S. states and has implemented UKG's HR technology suite (UKG Pro and UKG People Assist) internally for workforce management.

Differentiator

Problem solved

Functional benefit

Brands

• Maverik: Best-in-class convenience store brand that fuels adventures from the Midwest to the West Coast
• TAB Bank
• Vio MedSpa
• FJM Real Estate
• MacCall Hotel Management
• Big West Oil
• Solar Transport
• Maverik Logistics
• FJ Investments
• Call to Action Philanthropies

Products and services

• Big West Oil Refined Petroleum Products High-conversion oil refinery in North Salt Lake City, Utah, producing refined fuel products supplied to enterprise customers including Maverik, Pilot Flying J, Costco, Sam's Club, and Smith's. Operates with 250 employees at the refinery site.
• Maverik Convenience Stores Best-in-class convenience store brand offering fuel and convenience retail across 12 Western U.S. states, from the Midwest to the West Coast.
• TAB Bank Online Banking Technology-driven online banking platform serving individuals, families, and businesses nationwide; originally founded in 1998 to serve the transportation industry and now providing broader financial solutions including lending and deposit products.
• VIO Med Spa Wellness and Aesthetics Services Industry-leading wellness and aesthetics clinics offering cutting-edge technologies and therapies at multiple U.S. locations to individual consumers seeking med spa services.
• MacCall Management Hotel Properties Hotel management and development services operating Crystal Inn Hotel & Suites properties in Utah and Montana and a Staybridge Suites by IHG franchise property in Carson City, Nevada.
• Maverik Logistics Fuel and Crude Transportation Fuel distribution delivering over 1 billion gallons of fuel annually to Maverik stores and crude oil supply providing half a billion gallons annually to refineries in Utah and Wyoming across 12 Western states.
• Solar Transport Tank Truck Carrier Services Tank truck carrier and logistics services safely transporting refined petroleum products for over 60 years, recognized as one of the nation's leading tank truck carriers.
• FJM Real Estate Development and Management Real estate acquisition, development, and management for FJ Management and its subsidiaries, managing nearly $3 billion in assets and developing 40+ new-to-industry convenience stores each year as build-to-suit projects.
• FJ Investments Solar Energy Projects Strategic partnerships with top-tier solar developers to deploy capital into large-scale solar energy projects, advancing renewable energy solutions and generating long-term stakeholder value.

Quantifiable outcome

• 78,000 employee requests handled via UKG People Assist with most receiving responses in under an hour

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• UKGcoreTechnology or Integration · 6 April 2026FJ Management has implemented UKG's HR technology suite including UKG Pro and UKG People Assist to transform HR service delivery across its diverse businesses. UKG People Assist helped the company field nearly 78,000 employee requests with most responses in under an hour, while reducing routine HR inquiries and enabling HR teams to focus on culture-building, leadership development, and recruiting. The relationship has been maintained for more than a decade.
• TAB BankcoreOthersTAB Bank is a subsidiary of FJ Management that has provided financial solutions to the underserved since 1998, originally serving the transportation industry and now providing online banking to individuals, families, and businesses nationwide.
• IHG (InterContinental Hotels Group)coreChannel Partner/ Reseller/ DistributorMacCall Management, an FJ Management subsidiary, manages the Staybridge Suites by IHG property in Carson City, NV under the IHG brand franchise.
• MaverikcoreOthersMaverik is an FJ Management subsidiary and one of the country's best convenience store brands, operating across the Midwest to the West Coast. FJM RE develops 40+ new-to-industry convenience stores each year for Maverik.
• Big West OilcoreOthersBig West Oil LLC is a wholly-owned subsidiary of FJ Management operating a complex high-conversion refinery in North Salt Lake City. It supplies fuel products to many select customers including Maverik, Pilot Flying J, Costco, Smith's, and Sam's Club.
• Maverik LogisticscoreOthersMaverik Logistics is an FJ Management subsidiary that delivers over 1 billion gallons of fuel annually to Maverik stores across 12 Western states and supplies half a billion gallons of crude oil each year to refineries in Utah and Wyoming.
• Vio MedSpacoreOthersVIO Med Spa is an FJ Management subsidiary and industry leader in wellness and aesthetics, offering cutting-edge technologies and therapies at multiple locations with a first-class experience.
• MacCall Hotel ManagementcoreOthersMacCall Management LLC is an FJ Management subsidiary hotel management and development company based in Salt Lake City, managing Crystal Inn Hotel & Suites properties in Utah and Montana and Staybridge Suites by IHG in Carson City, NV.
• Solar TransportcoreOthersSolar Transport is among the nation's best tank truck carriers and logistics providers, safely transporting refined petroleum products for over 60 years and setting the standard in product management, transport, and delivery.
• FJ Investments (Solar Energy)minorOthersFJ Investments drives cleaner energy through strategic partnerships with top-tier solar developers on large-scale solar energy projects, advancing renewable energy solutions while delivering long-term stakeholder value.
• FJM Real EstatecoreOthersFJM Real Estate (FJM RE) acquires, develops, and manages real estate for FJ Management and its subsidiaries, managing nearly $3 billion in assets and developing 40+ new-to-industry convenience stores each year.
• Call to Action PhilanthropiesminorOthersCall to Action Philanthropies (including Call Foundation and Call to Action Foundation) is funded by FJ Management and its subsidiaries including Maverik and Big West Oil. Since 2007, foundations have invested more than $100 million in affordable housing, early childhood education, food security, and scholarships in the West and Midwest.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Murphy USA: U.S. convenience store and fuel retailer with high-volume, low-cost format similar to Maverik's; serves as a public-market comparable for FJM's fuel retail segment performance.
• Wawa: Privately held regional convenience store chain known for prepared food and fuel; comparable to Maverik in privately held, vertically aware c-store operations and brand-led customer experience.
• Casey's General Stores: Public convenience store operator with similar fuel-plus-merchandise model; closely comparable to Maverik in store-level economics, footprint expansion, and fuel margin dynamics.
• Pilot Travel Centers: Operator of large travel plazas and convenience stores across North America; was combined with Flying J assets during FJM's 2008-2010 bankruptcy reorganization and remains a directly comparable fuel retail and logistics peer.
• HF Sinclair (HollyFrontier): U.S. refining and fuel marketing company with integrated refining-to-wholesale operations; a direct public comparable for FJM's Big West Oil refinery and wholesale fuel distribution economics.
• Maverik (standalone operating peer): The Maverik c-store brand is FJ Management's own subsidiary; referencing it as a peer highlights its direct comparability to other Western U.S. convenience store chains and underscores FJM's primary retail fuel footprint.

Broad incumbents

• Berkshire Hathaway: Iconic diversified holding company with energy, transportation, real estate, and financial services businesses; the canonical long-duration family-controlled conglomerate that FJM's diversified, permanent-capital model most closely mirrors.
• Phillips 66: Large integrated downstream energy and midstream company with refining, marketing, and logistics; provides a scale and operational benchmark for FJM's refining and fuel logistics platform.
• Alimentation Couche-Tard (Circle K): Global convenience store and fuel retail operator (Circle K); a much larger incumbent competing with Maverik across geographies and a relevant scale benchmark for FJM's retail energy ambitions.
• Koch Industries: Privately held diversified conglomerate with major refining, trading, and chemicals operations; comparable to FJM in combining large-scale petroleum assets with non-core businesses under private ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FJ Management