#USA #Irvington #Soundcore Capital #Reliable Energy #Irvington Gas

Reliable Energy Expands Its Footprint with Acquisition of Irvington Gas

In a significant development within the energy sector, Reliable Energy Partners has confirmed its acquisition of Irvington Gas, LLC, a prominent propane distributor based in Irvington, Kentucky. This strategic move marks the fifth acquisition for Reliable since its establishment in late 2025, further solidifying its position within the highly fragmented propane distribution market.

Growing Presence in the Propane Market

Reliable Energy, which aims to serve both residential and commercial customers, has been on a dedicated path of growth. Its acquisition of Irvington Gas not only expands its operational reach but also enhances its capabilities in an industry that serves vital energy needs across multiple states. With the addition of Irvington, Reliable now operates in six states, strategically positioning itself in metropolitan areas across the Northeast, Southeast, Mid-Atlantic, and Midwest regions.

Sean Daugherty, the Chief Executive Officer of Reliable, expressed excitement about the acquisition, highlighting Irvington's reputation as a leader in customer service and commitment to safety. “Irvington has built a distinguished reputation over three generations by providing top-notch services. This acquisition adds a highly respected company to our portfolio, setting the stage for future growth,” he stated, emphasizing the importance of Irvington's local expertise and community ties.

A Focus on Community and Customer Service

Reliable Energy's growth strategy is rooted in creating partnerships with talented operators in high-potential areas. The firm has leveraged its connection with Soundcore Capital Partners, a private equity firm that specializes in building compelling market platforms, to support its ambitious expansion plans. Michael Khutorsky, Senior Managing Director at Soundcore, noted, “Irvington represents our fifth acquisition and underscores the confidence of sellers in our strategic approach to building a best-in-class propane distribution network.”

This commitment to local service is crucial for Reliable. The company not only intends to enhance operational efficiency but also to maintain the personalized, community-focused approach that Irvington has nurtured over the last 90 years. This reflects Reliable's broader vision to empower local energy businesses while ensuring they retain their individual charm and customer connection.

The Future of Reliable Energy

The acquisition terms remain undisclosed, but the implications for Reliable's growth trajectory are clear. By integrating Irvington Gas into its operations, Reliable is taking significant strides to become a major player in the propane distribution landscape. The firm aims to balance organic growth with a strategic focus on acquisitions, providing essential energy solutions tailored to diverse customer needs.

With a firm foundation laid by the Kasey family, who have operated Irvington for three generations, Reliable is positioned well to continue this legacy. They are committed to building on Irvington's established reputation for safety and service, ensuring that customers in and around Louisville and beyond experience the same quality of service that has characterized Irvington’s history.

As Reliable Energy Partners continues to expand, it remains dedicated to creating impactful relationships within the communities it serves, offering customers safe, affordable, and sustainable propane options. This focus will likely propel additional growth initiatives in the coming years, further enhancing Reliable’s position in the marketplace and solidifying its legacy in the energy sector.

By fostering a blend of operational expertise, capital investment, and local insight, Reliable Energy is set to achieve its vision of becoming a premier multi-regional propane distribution platform, one acquisition at a time.