Economy Propane, LLC
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Economy Propane, LLC - overview
Established
2009
Location
Baltimore, MD, US
Primary Industry
Chemicals
About
Economy Propane, LLC, based in the US, provides propane delivery services to residential and commercial customers, ensuring reliable energy supply for heating and cooking needs while emphasizing efficiency and customer satisfaction. Founded in 2009 in Baltimore, US, Economy Propane, LLC specializes in the delivery of propane. The company has maintained its focus on propane delivery services without notable pivots or changes in operations. There are no references to subsidiaries or parent companies.
The most recent deal occurred on December 11, 2025, when Reliable Energy Partners, a portfolio company of Soundcore Capital Partners, acquired Economy Propane, LLC for undisclosed financial terms. The founder's history is not provided, nor are there previous companies mentioned. Economy Propane primarily offers propane delivery services, catering to both residential and commercial clients in Anne Arundel and surrounding counties in Maryland. The company focuses on providing a reliable and economical energy source, ensuring that customers have access to propane for heating, cooking, and other energy needs.
Their service model emphasizes efficient delivery and superior customer service, addressing the energy demands of households and businesses alike. End users include homeowners, local businesses, and potentially larger commercial operations that require consistent energy supply. Economy Propane emphasizes customer-friendly service by maintaining transparent pricing and straightforward interactions, ensuring customer satisfaction. Economy Propane's revenue structure is primarily derived from direct sales of propane to consumers, alongside potential service contracts for regular delivery schedules.
The company engages in straightforward transactions, often operating on a bulk pricing model that benefits both individual and business customers. Revenue is generated through one-time sales as well as recurring delivery services, allowing clients to choose a delivery frequency that meets their consumption needs. Although specific pricing plans are not disclosed, typical structures may include fixed pricing for bulk deliveries and variable rates based on customer consumption levels. The company's focus on fair pricing aligns with its mission to provide economical energy solutions while fostering long-term customer relationships.
In December 2025, Reliable Energy Partners acquired Economy Propane, LLC, enabling a strategic enhancement to its next phase of growth. The acquisition may facilitate developments in new product offerings and market expansion, although specific products or regions targeted for growth have not been disclosed.
Current Investors
Reliable Energy Partners
Primary Industry
Chemicals
Sub Industries
Energy Storage & Batteries, Agricultural Chemicals, Commodity Chemicals, Explosives
Website
www.economy-propane.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Economy Propane, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Economy Propane, LLC | - |
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