M&A Deal Summary

ThompsonGas Acquires Polar Gas

On September 23, 2023, ThompsonGas acquired energy services and equipment company Polar Gas

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

M&A Deal Summary

Date 2023-09-23
Target Polar Gas
Sector Energy Services and Equipment
Buyer(s) ThompsonGas
Deal Type Add-on Acquisition

Target

Polar Gas

Brighton, Colorado, United States
Polar Gas is a distributor of propane gas to residential and commercial customers throughout Colorado. The Company was formed in 1960 and based in Brighton, Colorado.

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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 7 of 7
Sector (Energy Services and Equipment) 7 of 7
Type (Add-on Acquisition) 7 of 7
State (Colorado) 1 of 1
Country (United States) 7 of 7
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-05 South Florida Gas

Fort Myers, Florida, United States

South Florida Gas is a provider of propane to a variety of customers throughout Southwest Florida, including commercial, new construction, remodeling, and residential customers. South Florida Gas is based in Fort Myers, Florida.

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