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MI Petro Group

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Namestring
MI Petro Group
Legal namestring
MI PetroService
Company typeenum
Private
Founded yearint
2000
Descriptiontext

MI Petro Group is a Calgary-headquartered Canadian distributor and turn-key service provider for commercial and retail fuel infrastructure, founded in 2000 and operating for more than 30 years across the country. The company is one of only three authorized Canadian distributors for Gilbarco fuel dispensers and Veeder-Root tank gauging systems (both Dover company brands), and supplements these with Red Jacket submersible pumps, Gasboy commercial fleet dispensers, Catlow nozzles and accessories, and the EKOS cloud-based fuel management software platform.

The business model combines equipment resale with full lifecycle services: site survey, turn-key construction and installation, and 24/7 maintenance and repair dispatch. MI Petro supports eight distinct end markets — retail fueling, commercial cardlocks, government and municipalities, fleet fueling, mining and industrial, bus and rail, aviation, and marine fueling — giving it a horizontally diversified revenue base for a specialty distributor of its size. Service delivery is supported by a national footprint spanning five offices (two in Calgary, Maple Ridge BC, Toronto, Lethbridge, and Vancouver) and a contractor network of 25+ field personnel.

In 2024, MI Petro was acquired by Petro Service Limited, which materially expanded the company's capacity to scale nationally and pursue roll-up opportunities across the Canadian fuel services market. As a privately held subsidiary, MI Petro does not disclose revenue, headcount, or financial performance publicly.

Short descriptiontext

MI Petro Group is a Calgary-headquartered Canadian distributor and turn-key service provider for Gilbarco and Veeder-Root fuel infrastructure, serving retail, commercial, government, fleet, mining, transit, aviation, and marine customers across five offices nationwide; acquired by Petro Service Limited in 2024.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersCalgary, Canada
HQ citystring
Calgary
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
petroleum equipment distribution, retail fuel dispensers, petroleum station construction, tank gauging systems, fleet fueling equipment
SIC code1 code
  • Oil & Gas Field Services, Nec1389
Product category
Petroleum Fueling Infrastructure Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Equipment and Product Distribution
TypeHardware Sales
Description

Distribution of petroleum fueling equipment including Gilbarco fuel dispensers, Veeder-Root tank gauging systems, Red Jacket pumps, Gasboy fleet dispensers, and associated forecourt products. MI Petro is one of three Canadian distributors for Gilbarco Veeder-Root products.

mipetrogroup.com
2Construction and Installation Services
TypeProfessional Services
Description

Turn-key petroleum station construction including underground piping, fuel tank installation, electrical work, dispenser installation, and full service station construction. Services offered for new builds and renovations.

mipetrogroup.com
3Maintenance and Repair Services
TypeProfessional Services
Description

24/7 maintenance and repair services for petroleum equipment, commercial fueling equipment, and point-of-sale systems. Provides ongoing maintenance for large-scale petroleum industry projects with emergency response capabilities.

mipetrogroup.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D
Pricing details1 tier
1Quote-based pricing for equipment and services
ModelOtherBilling cadenceMulti-year contract
Notes

Equipment, construction, and service pricing is customized based on project requirements. Direct sales team handles quote requests.

mipetrogroup.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

MI Petro Group is a Canadian petroleum fueling infrastructure distributor and service provider that sells Gilbarco/Veeder-Root fuel dispensers, automatic tank gauging systems, Red Jacket pumps, Gasboy fleet fueling equipment, and EKOS fuel management software. The company also delivers turn-key construction services for new and renovated petroleum stations and provides 24/7 maintenance and repair services across Canada.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

MI Petro Group is a Canadian petroleum equipment distributor and service provider offering a comprehensive portfolio of products and services for retail fueling stations. The company distributes Gilbarco Veeder-Root equipment (retail fuel dispensers, automatic tank gauging, Red Jacket submersible pumps) and Gasboy fleet fueling products (Atlas PRIME, Islander PRIME, FuelPoint PLUS). Their offering includes point-of-sale systems (Passport P.O.S.), payment solutions (FlexPay O.P.T.), and cloud-based fuel management software (EKOS). As one of three Canadian Gilbarco Veeder-Root distributors, MI Petro provides complete turn-key solutions including construction, maintenance, and nationwide service support across Canada.

Product and service13 records
1Gasboy Fleet Fuel Dispensers
CategoryFleet Fueling Equipment
2Atlas PRIME
CategoryFleet Fueling Equipment
3Islander PRIME
CategoryFleet Fueling Equipment
4FuelPoint PLUS
CategoryFleet Fueling Equipment
5EKOS Fuel Management Software
CategoryFuel Management Software
6Gilbarco Retail Fuel Dispensers
CategoryRetail Fueling Equipment
7Veeder-Root Automatic Tank Gauging
CategoryTank Monitoring Systems
8Red Jacket Submersible Turbine Pumps
CategoryFuel Pumping Systems
9Passport P.O.S. Systems
CategoryPoint-of-Sale Systems
10FlexPay O.P.T.
CategoryPayment Processing
11Forecourt Media
CategoryForecourt Media
12Petroleum Station Construction Services
CategoryConstruction Services
13Petroleum Equipment Maintenance and Repair Service
CategoryMaintenance and Repair Services
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

National alliance with Gilbarco/Veeder-Root for equipment distribution. MI Petro is one of three Canadian distributors for Retail Gilbarco Veeder-Root products, providing access to fuel dispensers, tank gauging systems, monitoring sensors, and associated forecourt equipment.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Distribution of Gasboy fleet fuel dispensers and fuel management products. Gasboy is a leading manufacturer of commercial and industrial fueling solutions, with MI Petro serving as a Canadian distributor for the product line.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Distribution of Veeder-Root automatic tank gauging products, monitoring sensors, and leak detection systems. Part of the Gilbarco Veeder-Root family of petroleum equipment solutions.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Distribution of Red Jacket submersible turbine pumps, pump control boxes, and corrosion prevention products. Red Jacket is a recognized brand in petroleum pumping systems.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Distribution of Catlow product line as part of the comprehensive forecourt product offerings. Catlow provides petroleum equipment solutions included in MI Petro's distribution portfolio.

Strategic tierCoreTypeTechnology or Integration
Description

EKOS is the exclusive system providing software, modules, applications, and cloud-based tools for buying, managing, and transacting within the fuel industry. Integrated with MI Petro's product offerings for comprehensive fuel management solutions.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Petro Service Limited acquired MI Petro to strengthen western Canadian presence and enhance coast-to-coast fueling solutions. MI Petro operates as part of Petro Service Limited, which has expanded nationally through this acquisition.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Dover Fueling Solutions brand and one of the principal global manufacturers of retail fuel dispensers and payment systems. Directly competes with the Gilbarco dispenser line that MI Petro distributes, and addresses the same Canadian retail fueling customers.

TypeDirect peer
Description

Dover Fueling Solutions brand manufacturing fuel dispensers and forecourt technology. Overlaps with MI Petro's dispenser and fleet product lines and serves similar retail and commercial fueling customers.

TypeOthers
Description

Global manufacturer of pumps, valves, and seals for energy and industrial applications, including petroleum. Adjacent comparator given the pump and fluid handling overlap with MI Petro's Red Jacket submersible pump product line.

TypeDirect peer
Description

Manufacturer of fuel nozzles, swivels, and related petroleum equipment. Sells comparable forecourt hardware to retailers and fleets that also buy from MI Petro's distribution portfolio.

TypeDirect peer
Description

Manufacturer of petroleum equipment including nozzles, fittings, and fuel transfer products that complement forecourt installations. Sells into the same retail and commercial fueling infrastructure market that MI Petro serves.

TypeBroad incumbent
Description

Manufacturer of the dispensers, tank gauging, and pumps that MI Petro distributes. Comparable as the OEM partner whose brand and technology underpins MI Petro's retail offering, and which also sells through competing distributors globally.

TypeDirect peer
Description

Global manufacturer and solutions provider of petroleum fueling equipment (Wayne, Tokheim, OPW brands). Comparable because it sells the same class of dispensers, pumps, and forecourt systems that MI Petro distributes and services in Canada.

TypeDirect peer
Description

Manufacturer of fuel dispensers and pump modules serving retail and commercial fueling markets. Comparable as another dispenser OEM competing for the same Canadian retail fueling customer base.

TypeOthers
Description

Strategic acquirer of MI Petro in 2024 and now its parent company. Related party operating in the same Canadian petroleum services market; relevant as the platform into which MI Petro has been integrated.

TypeDirect peer
Description

Parent of the Red Jacket submersible pump brand that MI Petro distributes. Comparable as a fuel-pump manufacturer and broader industrial pumping solutions provider that competes in the same forecourt equipment category.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

MI Petro Group

Petroleum Fueling Infrastructure Servicesmipetrogroup.com

MI Petro Group is a Calgary-headquartered Canadian distributor and turn-key service provider for Gilbarco and Veeder-Root fuel infrastructure, serving retail, commercial, government, fleet, mining, transit, aviation, and marine customers across five offices nationwide; acquired by Petro Service Limited in 2024.

What MI Petro Group does

MI Petro Group is a Calgary-headquartered Canadian distributor and turn-key service provider for commercial and retail fuel infrastructure, founded in 2000 and operating for more than 30 years across the country. The company is one of only three authorized Canadian distributors for Gilbarco fuel dispensers and Veeder-Root tank gauging systems (both Dover company brands), and supplements these with Red Jacket submersible pumps, Gasboy commercial fleet dispensers, Catlow nozzles and accessories, and the EKOS cloud-based fuel management software platform.

The business model combines equipment resale with full lifecycle services: site survey, turn-key construction and installation, and 24/7 maintenance and repair dispatch. MI Petro supports eight distinct end markets — retail fueling, commercial cardlocks, government and municipalities, fleet fueling, mining and industrial, bus and rail, aviation, and marine fueling — giving it a horizontally diversified revenue base for a specialty distributor of its size. Service delivery is supported by a national footprint spanning five offices (two in Calgary, Maple Ridge BC, Toronto, Lethbridge, and Vancouver) and a contractor network of 25+ field personnel.

In 2024, MI Petro was acquired by Petro Service Limited, which materially expanded the company's capacity to scale nationally and pursue roll-up opportunities across the Canadian fuel services market. As a privately held subsidiary, MI Petro does not disclose revenue, headcount, or financial performance publicly.

MI Petro Group firmographics

Firmographics
Name
MI Petro Group
Legal name
MI PetroService
Website
https://mipetrogroup.com
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
51–100 employees
Short description
MI Petro Group is a Calgary-headquartered Canadian distributor and turn-key service provider for Gilbarco and Veeder-Root fuel infrastructure, serving retail, commercial, government, fleet, mining, transit, aviation, and marine customers across five offices nationwide; acquired by Petro Service Limited in 2024.
Ownership category
akta.pro rank

Where MI Petro Group is headquartered

Location

Headquarters

HQ city
Calgary
HQ country
Canada
HQ region
North America

Offices6 records

Markets served

MI Petro Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Equipment and Product Distribution: Distribution of petroleum fueling equipment including Gilbarco fuel dispensers, Veeder-Root tank gauging systems, Red Jacket pumps, Gasboy fleet dispensers, and associated forecourt products. MI Petro is one of three Canadian distributors for Gilbarco Veeder-Root products.
  2. Construction and Installation Services: Turn-key petroleum station construction including underground piping, fuel tank installation, electrical work, dispenser installation, and full service station construction. Services offered for new builds and renovations.
  3. Maintenance and Repair Services: 24/7 maintenance and repair services for petroleum equipment, commercial fueling equipment, and point-of-sale systems. Provides ongoing maintenance for large-scale petroleum industry projects with emergency response capabilities.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractQuote-based pricing for equipment and services

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

MI Petro Group product offering

Product offering

Core offering

MI Petro Group is a Canadian petroleum fueling infrastructure distributor and service provider that sells Gilbarco/Veeder-Root fuel dispensers, automatic tank gauging systems, Red Jacket pumps, Gasboy fleet fueling equipment, and EKOS fuel management software. The company also delivers turn-key construction services for new and renovated petroleum stations and provides 24/7 maintenance and repair services across Canada.

Product overview

MI Petro Group is a Canadian petroleum equipment distributor and service provider offering a comprehensive portfolio of products and services for retail fueling stations. The company distributes Gilbarco Veeder-Root equipment (retail fuel dispensers, automatic tank gauging, Red Jacket submersible pumps) and Gasboy fleet fueling products (Atlas PRIME, Islander PRIME, FuelPoint PLUS). Their offering includes point-of-sale systems (Passport P.O.S.), payment solutions (FlexPay O.P.T.), and cloud-based fuel management software (EKOS). As one of three Canadian Gilbarco Veeder-Root distributors, MI Petro provides complete turn-key solutions including construction, maintenance, and nationwide service support across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

  • Gasboy Fleet Fuel Dispensers
  • Atlas PRIME
  • Islander PRIME
  • FuelPoint PLUS
  • EKOS Fuel Management Software
  • Gilbarco Retail Fuel Dispensers
  • Veeder-Root Automatic Tank Gauging
  • Red Jacket Submersible Turbine Pumps
  • Passport P.O.S. Systems
  • FlexPay O.P.T.
  • Forecourt Media
  • Petroleum Station Construction Services
  • Petroleum Equipment Maintenance and Repair Service

Companies that use MI Petro Group

Customer profile

Segments8 records

Ideal customer profiles4 records

MI Petro Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

MI Petro Group partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and flagship.

  • Gilbarco/Veeder-RootcoreChannel Partner/ Reseller/ DistributorNational alliance with Gilbarco/Veeder-Root for equipment distribution. MI Petro is one of three Canadian distributors for Retail Gilbarco Veeder-Root products, providing access to fuel dispensers, tank gauging systems, monitoring sensors, and associated forecourt equipment.
  • GasboycoreChannel Partner/ Reseller/ DistributorDistribution of Gasboy fleet fuel dispensers and fuel management products. Gasboy is a leading manufacturer of commercial and industrial fueling solutions, with MI Petro serving as a Canadian distributor for the product line.
  • Veeder-RootcoreChannel Partner/ Reseller/ DistributorDistribution of Veeder-Root automatic tank gauging products, monitoring sensors, and leak detection systems. Part of the Gilbarco Veeder-Root family of petroleum equipment solutions.
  • Red JacketcoreChannel Partner/ Reseller/ DistributorDistribution of Red Jacket submersible turbine pumps, pump control boxes, and corrosion prevention products. Red Jacket is a recognized brand in petroleum pumping systems.
  • CatlowcoreChannel Partner/ Reseller/ DistributorDistribution of Catlow product line as part of the comprehensive forecourt product offerings. Catlow provides petroleum equipment solutions included in MI Petro's distribution portfolio.
  • EKOScoreTechnology or IntegrationEKOS is the exclusive system providing software, modules, applications, and cloud-based tools for buying, managing, and transacting within the fuel industry. Integrated with MI Petro's product offerings for comprehensive fuel management solutions.
  • Petro Service LimitedflagshipStrategic or Co-development PartnerPetro Service Limited acquired MI Petro to strengthen western Canadian presence and enhance coast-to-coast fueling solutions. MI Petro operates as part of Petro Service Limited, which has expanded nationally through this acquisition.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

MI Petro Group competitors and assessment

Company assessment

Direct peers

  • Wayne Fueling Systems: Dover Fueling Solutions brand and one of the principal global manufacturers of retail fuel dispensers and payment systems. Directly competes with the Gilbarco dispenser line that MI Petro distributes, and addresses the same Canadian retail fueling customers.
  • Tokheim: Dover Fueling Solutions brand manufacturing fuel dispensers and forecourt technology. Overlaps with MI Petro's dispenser and fleet product lines and serves similar retail and commercial fueling customers.
  • Husky Corporation: Manufacturer of fuel nozzles, swivels, and related petroleum equipment. Sells comparable forecourt hardware to retailers and fleets that also buy from MI Petro's distribution portfolio.
  • OPW (a Dover brand): Manufacturer of petroleum equipment including nozzles, fittings, and fuel transfer products that complement forecourt installations. Sells into the same retail and commercial fueling infrastructure market that MI Petro serves.
  • Dover Fueling Solutions: Global manufacturer and solutions provider of petroleum fueling equipment (Wayne, Tokheim, OPW brands). Comparable because it sells the same class of dispensers, pumps, and forecourt systems that MI Petro distributes and services in Canada.
  • Bennett Pump Company: Manufacturer of fuel dispensers and pump modules serving retail and commercial fueling markets. Comparable as another dispenser OEM competing for the same Canadian retail fueling customer base.
  • Franklin Electric: Parent of the Red Jacket submersible pump brand that MI Petro distributes. Comparable as a fuel-pump manufacturer and broader industrial pumping solutions provider that competes in the same forecourt equipment category.

Others

  • Flowserve Corporation: Global manufacturer of pumps, valves, and seals for energy and industrial applications, including petroleum. Adjacent comparator given the pump and fluid handling overlap with MI Petro's Red Jacket submersible pump product line.
  • Petro Service Limited: Strategic acquirer of MI Petro in 2024 and now its parent company. Related party operating in the same Canadian petroleum services market; relevant as the platform into which MI Petro has been integrated.

Broad incumbents

  • Gilbarco Veeder-Root: Manufacturer of the dispensers, tank gauging, and pumps that MI Petro distributes. Comparable as the OEM partner whose brand and technology underpins MI Petro's retail offering, and which also sells through competing distributors globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

MI Petro Group social profiles

Digital presence

MI Petro Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MI Petro Group leadership team

Management profile

Number of profiles

Profiles4 records

MI Petro Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

MI Petro Group M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about MI Petro Group

What does MI Petro Group do?

MI Petro Group is a Canadian petroleum fueling infrastructure distributor and service provider that sells Gilbarco/Veeder-Root fuel dispensers, automatic tank gauging systems, Red Jacket pumps, Gasboy fleet fueling equipment, and EKOS fuel management software. The company also delivers turn-key construction services for new and renovated petroleum stations and provides 24/7 maintenance and repair services across Canada.

Is MI Petro Group a public or private company?

MI Petro Group is a private company. It is classified as corporate owned and is currently operating.

When was MI Petro Group founded?

MI Petro Group was founded in 2000. It employs 51 to 100 people.

Where is MI Petro Group based?

MI Petro Group is headquartered in Calgary, Canada, in the North America region.

How does MI Petro Group make money?

Three revenue lines are on record. Equipment and Product Distribution is the primary driver. The others are construction and Installation Services and maintenance and Repair Services.

Who are MI Petro Group's main competitors?

Direct peers on record are Wayne Fueling Systems, Tokheim, Husky Corporation, OPW (a Dover brand), Dover Fueling Solutions, Bennett Pump Company and Franklin Electric. Others are Flowserve Corporation and Petro Service Limited. Gilbarco Veeder-Root is listed as a broad incumbent.

Does MI Petro Group have an API?

No public API is recorded for MI Petro Group.

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