Level Propane has been acquired by Eagle Rock Propane

Eagle Rock Propane has acquired Level Propane Gases, Inc., one of the largest residential propane suppliers in the country operating in 14 states. EdgePoint served as the exclusive buy-side advisor to Eagle Rock Propane. In the transaction Propane Restructuring Partners provided $15 million of debtor in possession financing and interim management to the Level Propane. EdgePoint participated in the bankruptcy auction process, negotiated with equity sources and successfully completed the purchase of the business for Eagle Rock Propane.

Eagle Rock Propane was a private investment company assembled to purchase the assets of Level Propane.

EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.

C.E. White Acquisition Inc. has been acquired by Austin…

C.E. White Acquisition Inc. (“C.E. White”) has been acquired by Austin Capital Corporation & Seneca Capital Partners. The terms of the transaction were not disclosed. EdgePoint Capital initiated the transaction, led the negotiations, and served as exclusive financial advisor to C.E. White.

C.E. White is a leading manufacturer of quality seating products for the school bus, commercial, and transit markets. The Company is headquartered in New Washington, Ohio.

Austin Capital Corporation is a private investment management company headquartered in Cleveland, Ohio, that creates value through investments in lower middle market companies in the Midwest. Seneca Capital Partners is a private investment management company headquartered in Birmingham, Michigan.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.