Paraco Gas Acquires North Shore Bottled Gas

Pecos Propane, Inc. Sold to Undisclosed Buyer

April 16, 2025

Oil & Gas

Generational Group advised Pecos Propane, Inc., a family-owned propane distributor based in Pecos, New Mexico, on its sale to an undisclosed buyer; the transaction closed April 16, 2025. Pecos Propane serves residential and commercial customers across Northern New Mexico and was backed by the Pacheco family prior to the sale.

Palmdale Propane Acquires Gatorgas LP

June 26, 2025

Energy

Palmdale Propane, a subsidiary of Palmdale Oil, has acquired Gatorgas LP, a family-owned propane distributor serving North Central Florida and the Gulf Coast. The acquisition expands Palmdale's geographic footprint and distribution capabilities in Central Florida; financial terms were not disclosed.

Par Pacific Acquires ExxonMobil Billings Refinery and Upper Rockies Logistics System

June 1, 2023

Oil & Gas

Par Pacific Holdings completed the acquisition of ExxonMobil's Billings refinery and related Upper Rockies marketing and logistics assets for a base purchase price of $310 million, closing June 1, 2023. The assets include the 63,000 bpd Billings refinery, a 65% interest in an adjacent cogeneration facility, multiple pipelines and terminals (including the Silvertip and an interest in the Yellowstone pipeline), and supply arrangements for ~250 Exxon/Mobil-branded retail locations.

Catalyst Power Acquires AP Gas & Electric (NY) LLC

December 15, 2021

Energy

Catalyst Power Holdings LLC acquired AP Gas & Electric (NY) LLC, expanding Catalyst Power's retail energy footprint across New York State and enabling the addition of natural gas, community solar, and Connected Microgrid offerings to AP G&E NY's middle-market commercial and industrial customers. The acquisition is backed by BP Energy Partners, the private equity sponsor of Catalyst Power, and represents an add-on to Catalyst Power's platform to accelerate deployment of lower-carbon energy solutions.

Chevron Acquires Equity Interest in American Natural Gas LLC (Beyond6) from Mercuria

October 1, 2021

Energy

Chevron U.S.A. Inc. closed its previously announced acquisition of an equity interest in American Natural Gas LLC (operator of the Beyond6 CNG fueling network), acquiring a network of about 60 compressed natural gas stations across the United States from Mercuria Energy Trading. The deal expands Chevron's alternative-fuels footprint and supports its strategy to grow lower-carbon and renewable natural gas distribution capabilities.

Air Water America Acquires Noble Gas Solutions

May 20, 2022

Industrial Services

Air Water America Inc., the North American industrial gases arm of Japan-based Air Water Inc., has acquired Noble Gas Solutions, an independent gas and welding products distributor headquartered in Albany, New York. The acquisition expands Air Water's footprint and service capabilities in the New York tri‑state area and provides Noble Gas access to Air Water's broader product and technology offerings.