Timberline Gas LLC
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Timberline Gas LLC - overview
Established
2012
Location
-, MT, US
Primary Industry
Oil & Gas
About
Timberline Gas LLC, operating as Madison River Propane, provides propane gas supply and services, catering to residential, commercial, industrial, and agricultural sectors in Southwest Montana. Founded in Belgrade, Montana, Madison River Propane specializes in the delivery and installation of propane gas solutions. The company has undergone a recapitalization by Alturus Strategic Capital Partners in July 2015, though details of the financial terms remain undisclosed. The company has not been noted to have any subsidiaries or significant operational pivots since its inception.
Madison River Propane specializes in the supply of propane gas for residential, commercial, industrial, and agricultural applications, primarily in Southwest Montana. Their core offering is metered propane, allowing customers to pay based on actual usage, thus enhancing budget management and reducing unexpected costs. Customers can conveniently pay via credit card over the phone, ensuring a secure and efficient service. They cater to a diverse clientele including homeowners and businesses, providing essential services such as installation of above-ground and underground tanks, gas line piping, and appliance setup, tailored to meet specific customer needs.
Madison River Propane generates revenue through the direct sale of propane and associated services related to installation and maintenance. Customers are charged for the propane consumed in accordance with the metered service model, ensuring transparency in billing and minimizing unforeseen costs. The company also offers installation services for gas tanks and appliances as part of their revenue strategy, primarily operating on a B2C model. Additionally, they provide 24/7 emergency response services to enhance customer safety and satisfaction, promoting client loyalty and repeat business.
Moving forward, Madison River Propane plans to leverage the recent recapitalization by Alturus Strategic Capital Partners to expand its service offerings and enhance operational capabilities. The company is strategizing to introduce new propane-related products aimed at improving customer convenience by the end of 2023. Additionally, there are plans to expand into neighboring regions within Montana, targeting areas with increasing demand for propane services, with a projected timeline for expansion in 2024.
Current Investors
Alturus Strategic Capital Partners
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
https://madisonriverpropane.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Timberline Gas LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Timberline Gas LLC | - |
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Timberline Gas LLC - employee data


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