Thoughts & Advice

THE THOMPSONGAS ACQUISITION MODEL

ThompsonGas understands every propane business comes with a unique set of specific needs. No two propane acquisitions are the same. When you choose to sell your propane company to ThompsonGas, we are committed to working with you to ensure the agreement suits your requirements as well as ours.

Propane Seller’s Options

ThompsonGas has successfully facilitated many propane acquisitions in recent years, and have discovered the overwhelming majority of purchases fall into one of the following categories:

  •  The Propane Seller Exits the Industry

This is the most traditional situation. In this case, the propane seller is looking forward to retirement and is prepared to move onto to the next stage of their life.

  •  The Propane Seller Transitions Gradually from the Industry

There are certain instances in which the propane seller prefers to remain with the company for predetermined period of time, usually taking on a smaller role in order to acclimate and introduce employees and customers to ThompsonGas.

  •  The Propane Seller Remains with ThompsonGas

For some propane sellers, remaining active in the business is a priority. We have had great success in specific acquisitions in which propane sellers have selected to remain with ThompsonGas, continuing their career with a true industry leader.

As with your options, our propane purchase structure will be discussed in great detail. In each instance, ThompsonGas works closely with you to ensure you’re in agreement with the specific proposal.

If you would like to explore your options, please feel free to contact us anytime for a confidential discussion.

Do you know the value of your propane business?

The value is a result of your actions as the business owner.

When placing a value on your propane business, you will need to answer the normal questions about number of gallons and customers as well as following:

  •  What percentage of customer owned versus company owned propane tanks are at your  customers locations? If you have a higher-than-normal number of tanks that are customer owned, it may make the propane business buyer uncomfortable. They may have concerns about the stability of your customer base under the new ownership.
  • What condition are your tanks in? Propane business buyers will want to check and see if your tanks are new or highly reconditioned as well as the age.
  • What is the condition and age of your delivery and service vehicles? The propane business buyer will be looking for newer model vehicles that have been well maintained, with service records from a reputable commercial truck maintenance company.
  • What is the curb appeal and condition of your office and storage location? What will the buyers see when visiting your office and storage location? Have they been well maintained? How do they represent your company and reputation?
  • Do you have loyal employees that can handle the workload? How have your employees been treated over the years? Are they trained, loyal, and well-balanced?  The buyers will want to know if they can take all the employees on board and continue to build your business.

So, whether you are looking to retire and leave the industry, or you want to stay and grow the business, remember the value will be a result of your actions. ThompsonGas can help you determine how much your propane business is worth. Please contact Dan Carrigan at 913-638-8677 or Jeff Kerns at 301-432-3882 to discuss your options.

ThompsonGas has Developed a Successful Propane Acquisition Program.

We have grown our company through propane business acquisitions over the years. We provide owners a real, viable solution to transition out of the propane industry. The reason our propane acquisition program has been so successful is quite simple – we care about you, your company and your employees.

Regardless of the specific reasons you’re considering selling your propane business, we understand. When you decide to sell your propane business to ThompsonGas, you can rest assured that we will honor your company’s legacy, protect your employees, and continue to provide the service your customers have grown to expect.

With ThompsonGas, you have the option of remaining involved with your propane business, or, you can rely on us to handle all business operations and retire from your propane business. We guarantee you will always have an open line of communication with ThompsonGas, not a nameless, faceless executive board.

If you would like to explore your options, we would love the opportunity to have a confidential discussion with you. Please call Dan Carrigan, 913-638-8677 or Jeff Kerns, 301-432-3882.

Start Planning Your Future

Are you ready to retire?

Have you been thinking about your succession plan?

Do you know your options?

ThompsonGas understands there’s a lot to consider when you start planning for your future and the future of your company. You’ve worked hard building your propane business. You have great employees that deliver outstanding customer service. Your customers depend on you. Now you need and deserve a trusted partner who cares as much about the future of your company as you do.

When you partner with ThompsonGas, you can trust we know the propane business and propane acquisitions. We have successfully acquired and integrated many businesses like yours. Our well-financed acquisition model offers flexible options that large, national companies won’t consider. Whether you’re looking to retire and leave the industry, or you want to stay and grow the business, we’ll get you the capital you need to exit or grow, without sacrificing your confidentiality, reputation or values in the process. Try finding a major company willing to do all of this and offer you the flexibility to design a plan that is beneficial to both parties.

To explore your options with ThompsonGas, please feel free to contact Dan Carrigan, 913-638-8677 or Jeff Kerns, 301-432-3882 for a confidential discussion.

 

The ThompsonGas acquisition strategy provides several benefits to growing companies.

ThompsonGas’ unique business strategy involves acquiring, investing and partnering with operating propane businesses that meet our qualifications. This exclusive procurement of assets provides current owners not only the opportunity for front end liquidity, but the ability to participate in the ongoing equity ownership of the company. Several advantages are evident via this mutual agreement. Other privileges of partnering with ThompsonGas may include:

  • Lower cost of capital to grow the business.
  • If desired, the opportunity for continued operational control of the company.
  • The substantial benefits associated with being part of a continuously growing organization.
  • Detailed due diligence followed by rapid acquisition turnaround time.
  • Security of a long-lasting partnership with an industry leader.

Selling your business is an important undertaking and understanding what is required is critical. ThompsonGas can help you determine what you will need if you are thinking of selling your business either now or in the future.

Learn what is required to sell your propane company. We have been in business for over 70 years and know from experience that we can help. Discover the ThompsonGas difference!

Let our experience help you – Contact us today!

ThompsonGas Understands the Service Your Customers Deserve.

Your company never would have become a successful propane business if it weren’t for the dedicated service consistently provided to your customer base. In fact, one of the major valuations of your propane business is the worth of your customer’s happiness. They’ve selected and chose to patronize your company based more on your stellar customer service than your competitive rates. In any business, exceeding customer expectations is crucial to a company’s success.

Today, there are more and more choices for your customers to select from. It’s important to provide more than just propane to your customers, they demand, and deserve, the best experience possible.

When your company or business becomes part of ours, you can rest assured your customer base will become a priority. We understand the valuation of the customers you have worked so hard to build and retain. ThompsonGas takes great pride in ensuring the propane companies we acquire are in good hands, focusing not only on the business owner but also the overall satisfaction of the customer base.

When you choose to sell your propane company to ThompsonGas, you can be confident we will:

  • Care for your employees & customers.
  • Understand and keep your best interests in mind.
  • Provide exposure, growth & financial stability.
  • Pay the proper value of your business & legacy.
  • Maintain your tradition of excellence.

Are you ready to discover how much your propane business is worth? Please contact Jeff Kerns at 301-432-3882 or Dan Carrigan at 913-638-8677 today to discuss all the options regarding selling your propane business. We will be happy to discuss our propane valuation process and detail what your propane business is really worth.

Tired of all the hurdles to keep your propane business profitable?

Have you considered finding a buyer for your propane company?

With all of the hurdles a small propane company must overcome, we understand how difficult and expensive operating a profitable business can be. Maybe you’ve considered finding a buyer for your propane company, but think it’s too time consuming and complicated. There is a solution to finding the perfect company to acquire your propane business.

Many corporations are only interested in becoming a buyer if they can purchase propane companies at “fire-sale” prices. We’ve grown ThompsonGas via acquisitions by offering owners the proper value for their propane business. We will have confidential discussions with you regarding the actual worth of your company… working with you to come up with an agreement that makes not only sound business sense for ThompsonGas, but also benefits you and your interests.

When ThompsonGas acquires your propane business, we’re able to provide the exposure your propane company needs to grow and continue to be viable. With the financial strength, leadership and propane knowledge of ThompsonGas, you may be surprised how quickly we can help make a positive impact on your operation.

Don’t waste any more time or energy jumping hurdles. Contact Dan Carrigan at 913-638-8677 or Jeff Kerns at 301-432-3882 to find out more about ThompsonGas.

Have You Thought About Selling Your Propane Company?

But, Not Sure Where to Begin? 

Whether you’re ready to sell right now or later, we would like the opportunity to discuss your options with you. We believe you deserve a trusted partner who cares as much about the future of your company as you do.

When you partner with us, you won’t get the typical buyout where you become just another acquisition. We have successfully acquired and integrated many businesses like yours. We understand that your most valuable assets are your customers, your employees and your families. You can rest assured that we will honor your company’s legacy, protect your employees, and continue to provide the incredible service your customers have grown to expect.

Our well-financed acquisition model offers flexible options that large, national companies won’t consider. Whether you’re looking to retire and leave the industry, or you want to stay and grow the business, we’ll get you the capital you need to exit or grow, without sacrificing your confidentiality, reputation or values in the process. Try finding a major company willing to do all of this and offer you the flexibility to design a plan that is beneficial to both parties.

To explore your options with ThompsonGas, please feel free to contact Dan Carrigan, 913-638-8677 or Jeff Kerns, 301-432-3882 for a confidential discussion.

 

Own A Propane Company? Considering Your Next Step?

ThompsonGas understands the challenges encountered every day by propane companies just like yours. Each day brings its own surprises, sometimes making you wonder what the future holds for your family, employees, customers, and yourself.  If you’ve ever considered selling your propane business, we’re here to tell you there’s never been a better time. The following are some of the benefits available with ThompsonGas:

ThompsonGas Will Maintain Your Legacy & Tradition of Excellence

Perhaps you’ve heard horror stories of propane companies that decided to sell their business to larger, corporate entities and it didn’t go well. Unfortunately, we’ve heard them as well, but never from a propane business we’ve acquired. What makes ThompsonGas so different is that we understand the importance of family. When ThompsonGas acquires existing propane businesses, first and foremost, we commit ourselves to maintaining your legacy and tradition of excellence.

ThompsonGas Understands the Service Your Customers Deserve

You built a successful propane business because of the dedicated service consistently provided to your customers. They’ve selected and chosen to remain with you based more on your stellar customer service than your competitive rates. Here at ThompsonGas, we understand that. In any business, exceeding customer expectations is crucial. It’s important to provide more than just propane to your customers, they demand, and deserve, the best service possible. When your company becomes part of ours, you can rest assured your customers will remain a priority!

ThompsonGas Cares About Your Employee’s Growth

Perhaps your major concern is what will become of your employees, the dedicated team that helped you grow your company throughout the years. All too often, when it comes to propane acquisitions, buyers look only at the financial statements, noting existing employees as merely collateral. ThompsonGas places a direct focus on continuing to nurture existing staff, guiding and leading them with advancement opportunities within our organization. Several employees from businesses we have acquired now find themselves in pivotal roles within our organization.

ThompsonGas Will Provide Your Company with Financial Stability, Exposure & Growth

With all of the obstacles a small business must overcome throughout the course of a day, we can appreciate how complicated and expensive operating a profitable company can be. ThompsonGas is able to provide the exposure your propane company needs to grow and continue to be viable. With the financial strength, leadership and propane knowledge of ThompsonGas, you may be surprised how quickly we can help make a positive impact on your operation.

ThompsonGas Pays Market Value for Your Business

Certain corporations are only interested in acquisitions if they can purchase them at “fire-sale” prices. We have grown our company via acquisitions by offering not only market value for your business, but structuring the purchase price so you maximize your after-tax proceeds. We’ll have open conversations with you regarding the value of your company. We will work with you to come to an agreement that makes not only sound business sense for ThompsonGas, but also benefits your interests.

If you would like to explore your options, we would love the opportunity to have a confidential discussion with you. Please call Dan Carrigan, 913-638-8677 or Jeff Kerns, 301-432-3882.

Propane Sellers have Options with ThompsonGas.

ThompsonGas understands every propane business comes with a unique set of specific needs. When you decide to sell your propane company, remember ThompsonGas is committed to working with you to ensure the agreement suits your requirements as well as ours.

ThompsonGas has successfully facilitated many propane acquisitions in recent years; and, have discovered the overwhelming majority of purchases fall into one of the following categories:

The Propane Seller Exits the Industry

This is the most traditional situation. In this case, the propane seller is looking forward to retirement and is prepared to move onto the next stage of their life.

The Propane Seller Transitions Gradually from the Industry

There are certain instances in which the propane seller prefers to remain with the company for a predetermined period of time, usually taking on a smaller role in order to acclimate and introduce employees and customers to ThompsonGas.

The Propane Seller Remains with ThompsonGas

For some propane sellers, remaining active in the business is a priority. We have had great success in specific acquisitions in which propane sellers have selected to remain with ThompsonGas, continuing their career with a true industry leader.

No Other Company Will Provide You More Flexibility

As with your options, our propane purchase structure will be discussed in great detail. If you would like to explore your options, we would love the opportunity to have a confidential discussion with you. Please feel free to contact us anytime.

Jeff Kerns, 301-432-3882 or Dan Carrigan, 913-638-8677