M&A Deal Summary

Pinnacle Propane Acquires Heritage Propane Express

On June 7, 2012, Pinnacle Propane acquired utilities company Heritage Propane Express

Acquisition Highlights
  • This is Pinnacle Propane’s 1st transaction in the Utilities sector.
  • This is Pinnacle Propane’s 1st transaction in the United States.
  • This is Pinnacle Propane’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2012-06-07
Target Heritage Propane Express
Sector Utilities
Buyer(s) Pinnacle Propane
Deal Type Add-on Acquisition

Target

Heritage Propane Express

Tulsa, Oklahoma, United States
website
Heritage Propane Express LLC is a provider of propane grill cylinders for exchange.

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Buyer(S) 1

Buyer

Pinnacle Propane

Georgetown, Texas, United States

website


Category Company
Founded 2000
Sector Oil/Gas Exploration
DESCRIPTION

Pinnacle Propane LLC is a provider of repair services for lawn equipment, chainsaws, and generators; and gas piping, water and space heaters, gas logs, dryers, cooking equipment, furnaces, tanks, and cylinders as well as handles appliance conversion and leaks.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1