M&A Deal Summary

Suburban Propane Acquires Inergy Propane

On August 1, 2012, Suburban Propane acquired oil/gas exploration company Inergy Propane

Acquisition Highlights
  • This is Suburban Propane’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Suburban Propane’s 1st transaction in the United States.
  • This is Suburban Propane’s 1st transaction in Missouri.

M&A Deal Summary

Date 2012-08-01
Target Inergy Propane
Sector Oil/Gas Exploration
Buyer(s) Suburban Propane
Deal Type Add-on Acquisition

Target

Inergy Propane

Kansas City, Missouri, United States
Inergy Propane LLC is a provider of heating, ventilating, and air conditioning services.

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Buyer(S) 1

Buyer

Suburban Propane

Whippany, New Jersey, United States

Category Company
Founded 1945
Sector Utilities
Employees3,240
Revenue 1.4B USD (2023)
DESCRIPTION

Suburban Propane is a marketer and distributor of energy needs to customers specializing in propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. Suburban Propane was founded in 1945 and is based in Whippany, New Jersey.


DEAL STATS #
Overall 1 of 2
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Missouri) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-15 Propane USA

Margate, Florida, United States

Propane USA is a full-service gas company providing unsurpassed customer service for bulk and bottled gas delivery, repairs and installations.

Buy $45M