Written on: August 11, 2022 by ICM
Blossman Gas, Inc., Ocean Springs, MS, has acquired the full-service propane delivery business of Wigley Propane, LLC based in Jasper, GA. Terms of the transaction, which closed on Aug. 5, were not revealed.
Founded in 2011 by Jeff Wigley and Renay Wigley, Wigley Propane sells and delivers propane to residential and light commercial customers in and around Pickens County from its Jasper, GA facility, which includes a 60,000-gallon propane bulk plant.
Co-founders Jeff and Renay began their business with Jeff behind the wheel of a bobtail and Renay taking customer calls from their house. Their business experience, entrepreneurial attitude, and local relationships helped them to build a thriving propane company with a well-recognized brand and strong demand.
“We’re excited to complete this transaction and continue to bring our customers outstanding service under the Blossman umbrella,” said Jeff Wigley. “We are proud of the Wigley brand and our dedicated employees.”
Blossman Gas is the largest privately held propane marketer in the U.S., providing propane services to 19 Southeastern and Mid-Atlantic states. Established in 1951 by Woodrow “Woody” Blossman, the third generation of family ownership now has thousands of customers and 84 stores. For more than 70 years, Blossman Gas has invested heavily in the service side of its business and strives to “maintain service and family values of a small company.”
“It’s an honor to have the Wigley Propane group join the Blossman Gas team,” said Blossman Gas COO David Reynolds. “We welcome them and look forward to delivering superior service to their customers. This transaction is an excellent addition to our growing organization.”
Cetane Associates served as the sole arranger and financial advisor to Wigley Propane.