Global Partners LP (NYSE: GLP) will purchase a portfolio of 97 Mobil- and Exxon-branded retail gas stations and seven dealer supply contracts for about $156 million, the company said April 14. The company entered an agreement with Capitol Petroleum Group.

The dealer supply contracts are in New York and Prince George’s County, Md., Global added.

The acquisition is expected to be accretive in the first full year of operations. It is scheduled to close in 2015’s second quarter. Global will fund it with revolving credit facility borrowings.

Eric Slifka, Global’s president and CEO, said that the company can expand its operations without overly increasing expenses.

There are 51 retail locations and seven dealer supply accounts in New York, and 46 retail locations in the Maryland/Washington, D.C. area. In 2014, these assets sold about 125 million gallons of fuel. In New York, 45 locations are dealer-leased, and six are commission agents. In Maryland, 41 are dealer-leased and five are commission agents.

Global Partners LP is a midstream logistics MLP based in Waltham, Mass.