Written on: April 21, 2022
Energy Distribution Partners (“EDP”) has announced the acquisition of Liberty Propane and Meadows Petroleum. Operating out of Ottsville, Pennsylvania and Georgetown, Delaware, Liberty Propane and Meadows Petroleum provide propane, fuel oil and HVAC service to customers across the states of Pennsylvania, New Jersey, Delaware, Maryland and Virginia.
Liberty Propane (Liberty LP Gas, Inc.) was owned by Kevin Meadows and Matt McGuigan while Mr. Meadows also owned Meadows Petroleum (Meadows Petroleum Products, Inc.). Both Mr. Meadows and Mr. McGuigan are longtime, active members of the propane and fuel oil industries.
“We are very pleased to welcome Liberty Propane and Meadows Petroleum into the EDP family,” said Thomas Knauff, EDP’s President and CEO. “Their employees are recognized for taking excellent care of their customers while having deep roots in their local communities.” He added, “In addition, we are eager to have all employees – including Kevin and Matt in addition to their management team – transition to EDP.”
Kevin Meadows commented, “Matt and I are confident EDP is the right propane retailer to take good care of our employees while providing safe, reliable service to our customers. There’s no question we’ve made the right choice.”
EDP is actively seeking to expand its national footprint and diversify through the addition of new retail propane and midstream operations.
About Energy Distribution Partners
Chicago, Illinois-based Energy Distribution Partners is a rapidly-growing company in America’s fast-changing energy landscape – with deep experience in retail and commercial propane sales, operations and finance. The company provides safe, reliable propane service to residential and commercial customers in California, Washington, Nevada, Minnesota, Wisconsin, Michigan, Ohio, Maryland, Virginia, West Virginia, South Carolina, Pennsylvania, New Jersey, New York and Delaware. Energy Distribution Partners pursues a long-term strategy of purchasing successful operations in propane and other fuels and in the midstream energy sector, retaining the brand name, preserving local management and delegating to leaders in local communities.
This is EDP’s 31st transaction. The company is actively seeking partners for growth. For more information, please visit www.edplp.net.