Over a several year period, Delancey Street partnered with Williams to assess, evaluate, and explore strategic alternatives. We managed a competitive sell-side M&A process, identified and contacted domestic and international buyers, and negotiated the terms of the transaction.

The transaction included assets of Williams’ propane, heating oil, commercial fuel, energy field services, and HVAC operations serving 14,000 residential, commercial, E&P, and agricultural customers in Pennsylvania and New York. Williams, based in Towanda, PA, had successfully leveraged its infrastructure, operations, facilities and training and safety programs to become one of the leading providers of onsite fueling services to the E&P industry in the region.

Energy Distribution Partners was founded by energy industry executives who have applied their extensive experience in retail propane sales, operations, and finance to become one of the leading consolidators of retail propane and midstream energy storage and transportation businesses. EDP currently operates in California, Minnesota, Ohio, Pennsylvania, New York, and Wisconsin.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders, and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising, and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Healthcare, Industrial & Industrial Technology, Business Services & Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.