Tecum Capital Backs Guardian Propane Partners with Inyarek for Acquisition of F.A. Days & Sons

Meritus Gas Partners (AEA-backed) Acquires Assets of Taronis Fuels

February 22, 2023

Industrial Services

Meritus Gas Partners, a platform backed by private equity firm AEA Investors, has acquired the assets of Taronis Fuels in a §363 bankruptcy sale. Capstone Partners advised the debtor; the buyer will retain the company’s employees (saving more than 40 jobs) and integrate Taronis’ industrial, medical, specialty and beverage gas manufacturing and welding-supply distribution capabilities into its national packaged-gas platform.

Reliable Energy Partners Acquires Gateway Propane

November 24, 2025

Energy

Reliable Energy Partners, a propane distribution platform owned by Soundcore Capital Partners, has acquired Gateway Propane, a market-leading propane distributor serving the greater St. Louis area. The add-on expands Reliable's operational footprint to three states and strengthens its strategy of scaling a multi-regional propane distribution platform; terms were not disclosed.

Pfingsten Partners Acquires Fairbank Equipment Inc.

January 6, 2022

Agriculture

Pfingsten Partners, a Chicago-based private equity firm, has acquired Fairbank Equipment, Inc. from Great Range Capital. TM Capital served as exclusive advisor to the seller; Great Range Capital had owned Fairbank since December 2012 and supported its expansion into fertilizer and propane markets.

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.

Cahaba Media Group Acquires Butane-Propane News

February 2, 2021

Media & Entertainment

Cahaba Media Group has acquired the core assets of Butane-Propane News, a long-running trade publication focused on the propane industry. The assets were sold by siblings Natalie Peal and Nanette Dougall; financial terms were not disclosed. The acquisition expands Cahaba's B2B trade media portfolio into the energy/propane sector.

Prosperity Partners Adds Farkouh, Furman & Faccio

December 9, 2025

Professional Services

Prosperity Partners, a Chicago-based tax and accounting platform backed by Unity Partners LP, has completed the addition of New York-based Farkouh, Furman & Faccio (FF&F). The deal brings FF&F's seven partners and 38 employees into Prosperity, establishing a New York City flagship office and adding audit and international tax capabilities to Prosperity's platform.