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  6. Ferrellgas Acquires Service Plus Propane

M&A Deal Summary

Ferrellgas Acquires Service Plus Propane

On September 5, 2017, Ferrellgas acquired energy services and equipment company Service Plus Propane

Acquisition Highlights
  • This is Ferrellgas’ 7th transaction in the Energy Services and Equipment sector.
  • This is Ferrellgas’ 25th transaction in the United States.
  • This is Ferrellgas’ 1st transaction in Virginia.

M&A Deal Summary
Date 2017-09-05
Target Service Plus Propane
Sector Energy Services and Equipment
Buyer(s) Ferrellgas
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Ferrellgas

Liberty, Missouri, United States
Category Company
Founded 1939
Sector Energy Services and Equipment
Revenue 1.8B USD (2024)
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 formed in 1939 and is based in Liberty, Missouri.

DEAL STATS #
Overall 25 of 25
Sector: Energy Services and Equipment M&A 7 of 7
Type: Add-on Acquisition M&A Deals 24 of 24
State: Virginia M&A 1 of 1
Country: United States M&A 25 of 25
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-07 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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