- TM Capital served as exclusive financial advisor to Ferrellgas Partners, L.P. (“Ferrellgas”) in the sale of Blue Rhino Global Sourcing, Inc. (“BRGS”) to an undisclosed buyer
- Ferrellgas Partners, L.P. (NYSE: FGP), with revenues of over $2 billion, primarily serves propane customers nationally and provides midstream services to major energy companies
- BRGS is a leading designer and supplier of branded and private label consumer barbecue accessories, outdoor heating products and fireplace accessories as well as commercial cooking products; BRGS is not related to the Blue Rhino tank exchange business, which Ferrellgas will continue to own and operate
- BRGS serves as a category manager for blue-chip retailers and commercial foodservice customers and boasts a portfolio of well-recognized brands including Blue Rhino, Chef Master, Endless Summer, Mr. Bar-B-Q and UniFlame
Client Testimonial
Our decision to select TM Capital to advise us on the recent divestiture of Blue Rhino Global Sourcing was key to achieving an exceptional transaction. They assembled an experienced team of professionals that thoughtfully orchestrated a flawless process by clearly articulating the complete value proposition to a universe of buyers, and successfully navigating a multitude of logistical, legal, and financial variables required to conclude the deal on time. At every step along the way, I always felt that TM Capital was there for us striving to deliver maximum shareholder value.”Geoffrey L. Berger, SVP of Ferrellgas, L.P. & EVP of Blue Rhino
