Fountain Hills, AZ – November 6, 2024 - Legacy Energy Consulting, a prominent merger and acquisitions consulting firm, is pleased to announce the successful sale of Griffin's Propane, located in Silver City, NM, to an undisclosed buyer.

Griffin’s Propane was established in 1991 by Richard and Charlotte Griffin to provide reliable propane services to the community of Silver City in Southwest New Mexico. Recognizing the superior quality of their service, they grew their business to include four locations in New Mexico and four in Arizona over the subsequent thirty plus years, with the assistance of their daughter Lindsay, who joined the business in 2014, and son-in-law Alex who joined in 2019.

The Griffin family commented, “When we decided to sell our family business, it was a difficult decision to sell the company that we had spent the last 34 years building. We received exceptional guidance from Chad, Tyler, and the entire Legacy Energy Consulting team. They made the transition smooth and understood the importance of finding the right buyer that aligned with our values regarding customer service and business culture with our employees. We are very pleased to know that our employees, customers, and communities will be in good hands.”

Chad Pendill, founder, and President of Legacy Energy Consulting commented "Richard, Charlotte, Lindsay, and Alex have built an impressive enterprise and established themselves as a leading propane company in the Southwestern United States. It was a pleasure getting to know them and gaining their trust to represent them in the sale of their business."

Legacy Energy Consulting delivered comprehensive merger and acquisition services to Griffin’s Propane. These services encompassed the initial valuation, discreetly marketing the business to potential buyers through an efficient and structured sale process, negotiating the final deal structure, and managing the due diligence process between the seller and the eventual buyer. Chad Pendill and Tyler Pendill managed the transaction. This transaction is the fifth for Legacy Energy Consulting in 2024, and its twenty first since 2020.

About Legacy Energy Consulting

Legacy Energy Consulting was established in 2020 by Chad Pendill, a propane industry veteran with over thirty years in the industry, and his son Tyler Pendill. The firm specializes in offering merger and acquisition services to propane and refined fuel businesses across the nation. Legacy Energy Consulting is a family-owned business that aims to provide personalized and reliable guidance to other family-owned businesses during the sale of the business they have worked so hard to build. 

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