HOP Energy Acquires Kosco Heritage Energy
June 20, 2019
HOP Energy, a PE-backed specialty fuel distributor, has acquired Kosco Heritage Energy, a more than 50-year-old heating oil distributor based in Kingston, New York that serves about 21,000 residential, commercial and HVAC customers across the Hudson Valley. HOP — itself a portfolio company of Delos Capital and Shorevest Capital — says the deal expands its product and service capabilities and will serve as a platform for future local consolidation and growth.
- Buyers
- HOP Energy, LLC, Delos Capital, Shorevest Capital
- Targets
- Kosco Heritage Energy, LLC
- Platforms
- HOP Energy, LLC
- Industry
- Oil & Gas
- Location
- New York, United States
- Transaction Type
- Addon
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