Platinum Equity to Acquire EDP
October 30, 2026
Platinum Equity signed a definitive agreement to acquire EDP, a U.S. propane distributor serving more than 200,000 residential, commercial, and agricultural customers through over 60 locations. Platinum plans to invest in EDP’s operating capabilities and technology and support further acquisitions in the fragmented propane market; the transaction remains subject to regulatory approvals and customary closing conditions.
- Buyers
- Platinum Equity
- Targets
- EDP
- Industry
- Energy
- Location
- Illinois, United States
- Transaction Type
- Buyout
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