2025-26 merger and acquisition activity
May 14, 2026 By LP Gas
Check out this list of mergers and acquisitions in the propane industry that LP Gas has tracked over the past 12 months.
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Citizens to acquire downstream energy adviser Matrix Capital Markets Group
February 17, 2026 By Brian Richesson
Citizens Financial Group Inc. plans to purchase substantially all the assets of Matrix Capital Markets Group Inc.
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Jernigan Oil sells convenience retail division to Sunoco Retail
February 11, 2026 By Mason Kopy
Matrix advised Jernigan Oil on the sale of its convenience retail division to Sunoco Retail, an affiliate of Sunoco LP.
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Petroleum Transport Co. Inc. acquires Pope Transport
July 4, 2025 By Sydney Fischer
Pope Transport operates a fleet of nearly 50 tractors and 90 trailers.
Read More 2024-25 merger and acquisition activity
May 9, 2025 By Brian Richesson
Check out this list of mergers and acquisitions in the propane industry that LP Gas has tracked over the past 12 months.
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Star Group acquires Cato’s home heat and commercial fuel division
March 25, 2025 By Sydney Fischer
Matrix Capital Markets Group, an independent, advisory-focused, privately held investment bank, advised on the sale.
Read More WTG Fuels sells delivered fuels business to ThompsonGas
September 24, 2024 By Brian Richesson
Matrix Capital Markets Group, an independent, advisory focused, privately held investment bank headquartered in Richmond, Virginia, announced the sale.
Read More Ferrellgas purchases Eastern Sierra Propane
January 31, 2024 By Danielle Pesta
Overland Park, Kansas-based Ferrellgas Partners LP has purchased Eastern Sierra Propane, based in Bishop, California.
Read More Parker Oil acquires Bobby Taylor Oil
January 19, 2024 By Ellen Kriz
Parker Oil Co., based in South Hill, Virginia, acquired Bobby Taylor Oil Co. and T&S Transport, based in Fayetteville, North Carolina.
Read More Santmyer Companies purchases Cole Distributing
May 4, 2023 By Ellen Kriz
Santmyer Companies, a full-service petroleum marketer based in Wooster, Ohio, acquired Cole Distributing, located in Shelby, Ohio.
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