M&A Deal Summary

Reliable Energy Partners Acquires Gateway

On November 24, 2025, Reliable Energy Partners acquired distribution company Gateway

Acquisition Highlights
  • This is Reliable Energy Partners’ 2nd transaction in the Distribution sector.
  • This is Reliable Energy Partners’ 3rd transaction in the United States.
  • This is Reliable Energy Partners’ 1st transaction in Illinois.

M&A Deal Summary

Date 2025-11-24
Target Gateway
Sector Distribution
Buyer(s) Reliable Energy Partners
Deal Type Add-on Acquisition

Target

Gateway

East Carondelet, Illinois, United States
Gateway is a propane distributor specialising in providing forklift cylinder exchange services to commercial and industrial customers. Gateway is based in East Carondelet, Illinois.

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Buyer(S) 1

Buyer

Reliable Energy Partners

Valrico, Florida, United States

Category Company
Founded 2025
Sector Oil/Gas Exploration
DESCRIPTION

Reliable Energy Partners operates as a platform company in the propane distribution industry, acquiring and partnering with locally-owned residential and commercial propane businesses. Reliable Energy Partners was founded in 2025 and is based in Valrico, Florida.


DEAL STATS #
Overall 3 of 4
Sector: Distribution M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 4
State: Illinois M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2025 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-18 Nashville Propane Exchange

La Vergne, Tennessee, United States

Nashville Propane Exchange is a propane distributor, specialising in forklift cylinder exchange services for a diverse base of commercial and industrial customers. Nashville Propane Exchange is based in La Vergne, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-11 Economy Propane

Baltimore, Maryland, United States

Economy Propane is a bulk propane distributor serving residential and commercial customers in the Mid-Atlantic region. Economy Propane is based in Baltimore, Maryland.

Buy -