Trout Capital Advisors Blog | M&A, Valuation & Capital Markets Insights

Trout Advises W.L. Zimmerman & Sons on Sale of Propane & Oil Divisions

Written by Admin | Mar 25, 2026 1:49:03 PM

LANCASTER, Pa., January 2026 -- Trout Capital Advisors, LLC is pleased to announce that it served as the exclusive financial advisor to W.L. Zimmerman & Sons, Inc. in the sale of its propane and oil divisions to Kauffman Gas.

Founded in Lancaster County, W.L. Zimmerman & Sons has been a trusted provider of energy products and services to residential and commercial customers for generations. The transaction allows the Zimmerman family to transition these operations to a well‑capitalized, regionally focused operator while ensuring continued service excellence for customers and opportunities for employees.

“Selling a long-standing division of our family business was not a simple decision. Trout Capital Advisors was a trusted partner from start to finish, helping us navigate the process with clarity and confidence,” said Kristine Shirk, CEO of W.L. Zimmerman & Sons, Inc.

Trout Capital Advisors advised W.L. Zimmerman & Sons throughout the entire transaction process, including valuation analysis, buyer outreach, negotiation, and execution. Kauffman Gas was selected as an ideal partner given its strong regional presence, operational capabilities, and commitment to customer service. “This transaction reflects the continued consolidation within the propane and fuels sector and the strong demand for high‑quality, family‑owned businesses,” said Andrew Rice, Partner at Trout Capital Advisors. “We were honored to work alongside the family and help them achieve a successful outcome that aligned with their goals and continue their proud legacy.”

Terms of the transaction were not disclosed.