M&A Deal Summary

Ferrellgas Acquires Lindsey Propane

On August 7, 2017, Ferrellgas acquired energy services and equipment company Lindsey Propane

Acquisition Highlights
  • This is Ferrellgas’ 6th transaction in the Energy Services and Equipment sector.
  • This is Ferrellgas’ 24th transaction in the United States.
  • This is Ferrellgas’ 2nd transaction in Tennessee.

M&A Deal Summary
Date 2017-08-07
Target Lindsey Propane
Sector Energy Services and Equipment
Buyer(s) Ferrellgas
Deal Type Add-on Acquisition

Target

Lindsey Propane

Williamsport, Tennessee, United States
Lindsey Propane is a provider of commercial, industrial, agricultural, and residential propane services to customers in nine middle Tennessee counties. Lindsey Propane is based in Williamsport, Tennessee.

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Buyer(S) 1

Buyer

Ferrellgas

Liberty, Missouri, United States
Category Company
Founded 1939
Sector Energy Services and Equipment
Revenue 2.0B USD (2023)
DESCRIPTION
Ferrellgas' corporate headquarters in Overland Park, Kansas.
Ferrellgas' corporate headquarters in Overland Park, Kansas.

Ferrellgas is a provider of midstream services to major energy companies in the United States. Ferrellgas was incorporated in 1939 and is based in Liberty, Missouri.

DEAL STATS #
Overall 24 of 25
Sector (Energy Services and Equipment) 6 of 7
Type (Add-on Acquisition) 23 of 24
State (Tennessee) 2 of 2
Country (United States) 24 of 25
Year (2017) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-07 Sevier County Propane

Sevierville, Tennessee, United States

Sevier County Propane is a provider of propane gas to commercial, industrial, agricultural and residential applications. Sevier County Propane was established in 1955 and is based in Sevierville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-05 Service Plus Propane

South Hill, Virginia, United States

Service Plus Propane, Inc. is a local provider that offers agricultural, residential, industrial, and commercial propane services to customers in Mecklenburg and surrounding counties in southern Virginia. Service Plus Propane was founded in 2005 and is based in South Hill, Virginia.

Buy -
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