Liberty Propane Announces Further Expansion in Washington State

OVERLAND PARK, KS -- Liberty Propane has announced the acquisition of Propane Service, Inc. (PSI) in Spanaway, WA, a leading retail propane marketer serving the southern Tacoma metropolitan market and surrounding areas. Liberty’s latest acquisition represents an addition of 2,400 customers to the company’s growing presence in the Northwest Region. In addition, Propane Service will add to the southern market coverage area of Liberty’s existing Permagas operations headquartered in Lake Stevens. Alliance customers, which Liberty obtained as part of the Permagas acquisition, will also benefit from the addition of PSI.

“We are enthusiastic about welcoming Propane Service into the Liberty family which represents our company’s second acquisition in Washington state over the past year. We look forward to continuing to serve PSI’s customers and are excited about our ongoing expansion in this attractive region of the country,” stated Liberty’s CEO, Kent Misemer.

Since Liberty’s founding in 2003, the company has completed 19 acquisitions representing a customer base exceeding 93,000 which is served from 35 facilities across 10 states.

Additional corporate information is available on the company’s website, www.libertyenergypartners.com.


CONTACT: Liberty Propane
Kent Misemer, 913-648-1588 x106
kmisemer@libertypropane.net

SOURCE: Liberty Propane Operations, LLC

The information presented herein may contain certain “forward-looking statements” within the meaning of the federal securities laws. The Partnership’s actual future performance will be affected by a number of factors, risks and uncertainties, including, without limitation, weather conditions, regulatory changes, competitive factors, and the operations of vendors, suppliers and customers, many of which are beyond the Partnership’s control. Future events and results may vary substantially from what the Partnership currently foresees, and there can be no assurance that the Partnership’s actual results will not differ materially from its expectations. The Partnership undertakes no obligation to publicly release any revision to these forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.