#United States #New York #Matador Gas #Ozark Mountain #Action Propane

Matador Gas Strengthens Its Operations with Action Propane and Ozark Mountain Acquisitions

In a strategic move to bolster its presence in the propane distribution market, Matador Gas LLC, backed by Firmament, has finalized the acquisitions of Action Propane, Inc. and Ozark Mountain Propane Company. This expansion not only enhances Matador's service area but also underscores its commitment to operational excellence and customer satisfaction across Texas and Arkansas.

Founded in 1984, Action Propane has built a reputation for reliable service, primarily serving the robust markets of Austin and Highland Lakes for more than four decades. The company has established itself as a trusted provider for both residential and commercial clients. Owner Wanda Hoggarth emphasized the significance of continuity in customer service and the legacy of the family-operated business as key factors in selecting a suitable acquirer. “For more than 40 years, our customers have been at the heart of everything we've done. Finding the right partner to carry that legacy forward was incredibly important to our family,” she stated.

On the other hand, Ozark Mountain Propane, founded in 1994, has been serving a diverse clientele including residential, commercial, industrial, and agricultural sectors across Arkansas for over thirty years. Due to its solid footing with six full-service locations, Ozark Mountain is poised to significantly enhance Matador’s operational capacity in the region. Jennifer Stowe, a representative of the founding family, remarked on the selectiveness involved in the sale, stating, “We were very selective about who we would trust with what our family had built,” highlighting the importance of the right alignment for legacy and business values.

The leadership of Matador Gas expressed enthusiasm over the integration of these respected brands. CEO Rusty Janssen noted, “We are thrilled to welcome Action and Ozark Mountain to Matador. Both businesses have built strong reputations through decades of reliable service and longstanding customer relationships.” This merger is projected to not only fortify Matador’s existing market but also to pave the way for further growth and development in new territories together with the local teams from Action and Ozark Mountain.

The acquisitions signify More than just geographical expansion; they encapsulate a strategy aimed at infusing quality operations into Matador’s already established service network. Each brand contributes unique strengths to the company, fostering an environment of mutual growth and commitment to customer service.

Brian Peters, a Principal at Firmament, commented on the natural synergy these acquisitions bring, asserting, “Action and Ozark Mountain are natural fits with Matador, adding high-quality local operators that strengthen and extend the Company's footprint.” This merger is about building a leading propane distribution network, with the vision of nurturing community ties while also investing in sustainable practices and customer-focused services.

Matador Gas’s promise is to continue enhancing customer experiences and to maintain the local service models that have made these businesses successful over the years. Grounded in values of reliability and community engagement, Matador is set to thrive in its extended journey, buoyed by the strong foundations laid by Action and Ozark Mountain.

In conclusion, Matador Gas's strategic acquisitions signify a pivotal moment for the company, reinforcing its position as a major player in the propane distribution market, while also ensuring the legacy of trusted local service continues to thrive.