Kamps Propane, Inc.
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Kamps Propane, Inc. - overview
Established
1969
Location
Manteca, CA, US
Primary Industry
Oil & Gas
About
Kamps Propane, Inc. is a propane distribution company that specializes in providing propane products and services for residential and commercial customers, emphasizing energy efficiency and customer service. Kamps Propane, Inc. is engaged in the distribution of propane and related services.
Founded in 1969 and headquartered in Manteca, California, the company was recently acquired by Superior Plus Corp. as part of a strategic expansion into the U. S. propane market.
The acquisition deal was completed in March 2022, following an agreement in July 2021. The founder's specific background information is not available, and there are no known subsidiaries or prior ventures mentioned. Kamps Propane, Inc. focuses on delivering propane for heating, water heating, and cooking, alongside services for transitioning from oil or electric systems.
The company also facilitates the removal of old oil tanks, catering to a diverse clientele that includes agriculture, construction, and hospitality sectors. The mySuperior customer portal provides clients with seamless online management options for payments, deliveries, and service management. In 2020, Kamps Propane, Inc. reported an EBITDA of USD 27.
00 mn, indicating a solid financial performance as it continues to serve both residential and commercial markets with propane and related installation services. Following its acquisition by Superior Plus Corp. , Kamps Propane, Inc. is poised for expansion in California and the broader Western U.
S. The acquisition aims to create synergies and enhance operational capabilities within the region. The rationale behind this acquisition focuses on enabling Kamps to strengthen its distribution network and service offerings in the propane market, enhancing its ability to meet customer needs effectively.
Current Investors
Superior Plus Corp.
Primary Industry
Oil & Gas
Sub Industries
Petroleum Wholesale Distribution
Website
www.kampspropane.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Kamps Propane, Inc. - 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 | Kamps Propane, Inc. | - |
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