M&A Deal Summary

ThompsonGas Acquires Timberline Gas

On September 21, 2021, ThompsonGas acquired energy services and equipment company Timberline Gas

Acquisition Highlights
  • This is ThompsonGas’ 4th transaction in the Energy Services and Equipment sector.
  • This is ThompsonGas’ 4th transaction in the United States.
  • This is ThompsonGas’ 1st transaction in Montana.

M&A Deal Summary
Date 2021-09-21
Target Timberline Gas
Sector Energy Services and Equipment
Buyer(s) ThompsonGas
Deal Type Add-on Acquisition
Advisor(s) Cascadia Capital LLC (Financial)

Target

Timberline Gas

Belgrade, Montana, United States
Timberline Gas is a holding company of propane distribution assets consisting of Madison River Propane of Belgrade, Montana; Propane Services Innovated of Butte, Montana; Salt River Propane of Thayne, Wyoming; and Blue Flame Propane of Williston, North Dakota. Timberline Gas is based in Belgrade, Montana.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 4 of 7
Sector (Energy Services and Equipment) 4 of 7
Type (Add-on Acquisition) 4 of 7
State (Montana) 1 of 1
Country (United States) 4 of 7
Year (2021) 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-30 Gilbert Propane

Deland, Florida, United States

Gilbert Propane is a provider of propane to residential and commercial customers in Florida. Gilbert Propane is based in Leland, Florida.

Buy -
Mergr

Product

Company

Legal