Blossman Gas Acquires Southwest Propane

HOUSTON (July 9, 2025) — Cetane Associates has announced that Blossman Gas Inc. of Ocean Springs, Mississippi, has acquired Southwest Propane of Pennington Gap, Virginia. The transaction was closed on July 2, 2025. 

Founded to serve local needs, Southwest Propane has been delivering propane to homes and businesses across Southwest Virginia and neighboring regions for many years. Known for their reliability and strong customer relationships, they’ve earned the trust of the communities they serve. 

“We’re excited about this next chapter,” said Southwest Propane owner Jimmy Gordon Jr. “It’s a great feeling knowing the company and our customers are with Blossman Gas. They’re all about great service and treating people right—just like we do. We know they’ll keep looking out for our customers like family, and that means a lot to us.” 

Blossman Gas is the largest privately held propane marketer in the U.S., providing propane services to 19 Southeastern and Mid-Atlantic states. Established in 1951 by Woodrow “Woody” Blossman, the third generation of family ownership now has thousands of customers and 85 stores. For more than 70 years, Blossman Gas has invested heavily in the service side of its business and strives to “maintain service and family values of a small company.” 

Blossman Gas Chief Operating Officer David Reynolds remarked, “We’re thrilled to welcome Southwest Propane into the Blossman Gas family. Southwest is a wonderful addition to our company as we continue to grow every day, and we look forward to serving their valued customers with the same great care.” 

Joe Rosengrant, director of business development at Cetane Associates, commented, “It’s been a true honor working with Jimmy and his team. They built a solid, respected business that reflects their hard work and dedication. We’re excited for what’s ahead for them and send our warmest wishes for the future.” 

Cetane served as the sole arranger to Southwest. Cetane advised on the sale, including an initial valuation opinion, marketing the business through a confidential process, assisting in negotiating the final deal terms, and coordinating the due diligence process.