Griffin's Propane, Inc.

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.

More Completed Sales

By Karlie Mosher July 6, 2026
July 2, 2026 Legacy Energy Consulting, a prominent merger and acquisitions consulting firm, is pleased to announce the successful sale of O’Connell Oil Company of LeSueur, MN, to Central Farm Service (CFS), headquartered in Truman, MN. O’Connell Oil Company’s story is deeply woven into the LeSueur, MN, community. Its roots date back to 1961, when brothers Tom and Richard O’Connell carried forward their family’s legacy by purchasing their father JJ’s general store and fuel business, which was first established in the 1930s. What began as a family fuel business grew over the decades into a trusted local provider of fuel, propane, anhydrous ammonia, and dry fertilizer, built on relationships, hard work, and a commitment to serving neighbors. That legacy continued through the next generation as brothers Pat, Mike, and Brandon joined the company in 1979, 1980, and 2005, respectively. The family connection remained strong with Pat’s wife, Rita, also contributing to the business and Mike’s son, Mark, becoming part of the fourth generation involved in carrying the O’Connell name forward. The O’Connell’s commented “We have spent the last 30+ years building our propane/fuel business and we have known Chad for all of them. When it came time to sell, we knew we could trust Chad to guide us through the difficult and emotional process. Chad, Tyler and Dustin were with us every step of the way and we couldn’t have asked for an easier transition to finding a company we felt could continue our level of customer service. The guidance and knowledge Chad and his team at Legacy have to offer are second to none.” Chad Pendill, founder and President of Legacy Energy Consulting, commented, “I have known the O’Connell family for 30 years, and it was both an honor and a privilege to help guide them through this important transition. Their business is a true legacy company, built through generations of hard work, family commitment, and service to their community.” Legacy Energy Consulting delivered comprehensive merger and acquisition services to O’Connell Oil Company. 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, Tyler Pendill and Dustin Shafer managed the transaction. This transaction is the second for Legacy Energy Consulting in 2026, and it’s twenty-ninth 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.
Legacy Propane LLC
By Karlie Mosher June 1, 2026
June 1, 2026 Legacy Energy Consulting, a prominent merger and acquisitions consulting firm, is pleased to announce the successful sale of Legacy Propane in Allison, IA to Heartland Co-op headquartered in Clive, IA. Legacy Propane of Allison, IA was originally established as Allison Propane in 1972 and was acquired by Heritage Petroleum of Evansville, IN as part of its much larger acquisition of Diamond Oil in February of 2025. John Clark, the COO of Heritage Petroleum commented “We have bought 25 companies in 12 years but had never sold anything. The Legacy Energy team presented, then executed a plan seamlessly to make our first selling experience a success. I would not only use them again, but I would recommend them to other companies looking to execute a transition." Chad Pendill, founder, and President of Legacy Energy Consulting commented "John Clark and Phil Davidson of Heritage Petroleum were a pleasure to work with on this project and it could not have gone any smoother." Legacy Energy Consulting delivered comprehensive merger and acquisition services to Legacy 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, Tyler Pendill and Dustin Shafer managed the transaction. This transaction is the first for Legacy Energy Consulting in 2026, and it’s twenty-eighth since 2020.
Undisclosed Oklahoma Propane Company
By Karlie Mosher November 3, 2025
November 3, 2025 Legacy Energy Consulting, a leading firm specializing in mergers and acquisitions, is pleased to announce the successful sale of a distinguished, undisclosed Oklahoma-based propane and refined fuel company. Legacy Energy Consulting delivered comprehensive merger and acquisition services to the undisclosed company. 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 sixth for Legacy Energy Consulting in 2025 and its twenty-seventh nationwide since its inception in 2020 .