Reliable Energy Partners Acquires Gateway Propane

Reliable Energy Partners Acquires Economy Propane

December 11, 2025

Energy

Reliable Energy Partners, a propane distribution platform owned by Soundcore Capital Partners, has acquired Economy Propane, a bulk-propane distributor headquartered in Baltimore, Maryland. The add-on expands Reliable’s footprint into the Mid-Atlantic and broadens the platform’s capabilities into bulk propane distribution to serve residential, commercial and industrial customers.

Reliable Energy Partners Acquires Irvington Gas

February 4, 2026

Energy

Reliable Energy Partners, a propane distribution platform backed by Soundcore Capital Partners, has acquired Irvington Gas, a bulk-propane distributor headquartered in Irvington, Kentucky. The deal expands Reliable's operating footprint to six states as part of its buy-and-build strategy for residential and commercial propane distribution; terms were not disclosed.

Soundcore Capital Partners Acquires Florida Lift Gas to Launch Reliable Energy Partners

November 12, 2025

Energy

Soundcore Capital Partners has formed Reliable Energy Partners, a propane distribution growth platform, through its acquisition of Florida Lift Gas and has named industry veteran Sean Daugherty as CEO. The platform — headquartered in Tampa, Florida and wholly owned by Soundcore — will pursue organic growth and strategic add-on acquisitions to scale a multi-regional residential and commercial propane distribution business.

Energy Capital Partners Acquires Majority Interest in PROENERGY

September 5, 2024

Energy

Energy Capital Partners (ECP) has acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers and global turbine services. The transaction (terms not disclosed) transfers control from affiliates of Eos Partners and ACON Investments to ECP, which will support PROENERGY's platform expansion, growth initiatives, and continued operations under existing leadership.

Energy Distribution Partners (EDP) Acquires Preferred Propane

November 21, 2025

Energy

Energy Distribution Partners (EDP), a multi-state retail propane marketer, has acquired Preferred Propane (Preferred Energy Group) of Vernon, Connecticut. Blue Peak Resources advised the Violette family on the sale; the family will retain and continue operating their HVAC business, which was not part of the transaction.

Energy Distribution Partners Acquires Sullivan Oil & Propane

October 23, 2024

Energy

Energy Distribution Partners (EDP) has acquired Sullivan Oil & Propane, a Bath, Pennsylvania-based provider of propane, fuel oil and HVAC services. The deal—EDP’s 41st since 2012—adds a local team of 15 employees and expands EDP’s footprint in the Lehigh Valley and Poconos as an add-on to its propane and home energy platform.