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New Deal


Announced

Completed

Palmdale Oil completed the acquisition of Como Oil & Propane of Florida.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

United States

Acquisition

Private

Completed

Single Bidder

fuel

propane distributor.

Integrated Oil and Gas

propane distributor

Domestic

Synopsis

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Palmdale Oil, a provider of fuels, lubricants, and chemicals with delivery solutions across the state of Florida, completed the acquisition of Como Oil & Propane of Florida, a Florida-based, full-service fuel and propane distributor. Financial terms were not disclosed. "Como has built an impressive business and a reputation as a go-to provider for propane, generators and ancillary services in Southeastern Florida. Bringing together our shared offerings will greatly benefit new and existing customers of both organizations. This partnership combines two family-oriented businesses with a shared mission to provide trusted services and solutions for customers across Florida. The addition of Como's propane business expands Palmdale's broad service offering and strengthens our platform as the leading, fully integrated provider of fuels and lubricants in Florida," Lachlan Cheatham, Palmdale CEO.

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