Revelar Capital Acquires Lettermen's Energy from CID Capital
December 18, 2025
Revelar Capital has acquired Lettermen's Energy Holdings, LLC from Indianapolis-based private equity firm CID Capital. Lettermen's, a Kansas City-headquartered consolidator of independent propane distributors with operations in roughly 20 states and about 240 employees, was built by CID through a buy-and-build strategy and will enter its next growth phase under Revelar's ownership; terms were not disclosed.
- Buyers
- Revelar Capital
- Targets
- Lettermen's Energy Holdings, LLC
- Sellers
- CID Capital
- Industry
- Energy
- Location
- Missouri, United States
- Transaction Type
- Divestiture
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