M&A Deal Summary

ThompsonGas Acquires Midwestern Propane

On August 17, 2020, ThompsonGas acquired energy services and equipment company Midwestern Propane

Acquisition Highlights
  • This is ThompsonGas’ 2nd transaction in the Energy Services and Equipment sector.
  • This is ThompsonGas’ 2nd transaction in the United States.
  • This is ThompsonGas’ 1st transaction in Illinois.

M&A Deal Summary
Date 2020-08-17
Target Midwestern Propane
Sector Energy Services and Equipment
Buyer(s) ThompsonGas
Deal Type Add-on Acquisition

Target

Midwestern Propane

Belleville, Illinois, United States
Midwestern Propane Gas is an independent propane retailers in the Midwest US, serving residential and commercial customers throughout Illinois and Missouri. Midwestern Propane is based in Belleville, Illinois.

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Buyer(S) 1

Buyer

ThompsonGas

Frederick, Maryland, United States
Category Company
Founded 1946
Sector Energy Services and Equipment
DESCRIPTION

ThompsonGas is a collection of various propane delivery service companies, distributing propane to residential and commercial customers across the East, Southeast, West and Midwest US. ThompsonGas is based in Frederick, Maryland.

DEAL STATS #
Overall 2 of 7
Sector (Energy Services and Equipment) 2 of 7
Type (Add-on Acquisition) 2 of 7
State (Illinois) 1 of 1
Country (United States) 2 of 7
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-12 Como Oil & Propane

Duluth, Minnesota, United States

Como Oil & Propane is a distributor of propane to residential and commercial customers throughout the Midwest US. Como Oil & Propane is based in Duluth, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-09 Pirkl Gas

Owatonna, Minnesota, United States

Pirkl Gas is a distributor of propane gas serving residential and commercial customers in Minnesota. Pirkl Gas was established in 1959 and is based in Owatonna, Minnesota.

Buy -
Mergr

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