Ferrellgas Acquires Rez Bear Propane

Harris, New York (Dec. 19, 2022) — Blue Peak Resources has announced the sale of Rez Bear Propane of Harris, New York, to Ferrellgas, a nationwide propane retailer headquartered in Liberty, Missouri.

Rez Bear Propane has been committed to offering customers in Sullivan, Orange, and Eastern Ulster counties propane service and products over the past years. The company was founded in 2016 by Randy Resnick and Bobby Mapes, two experienced and successful entrepreneurs that joined forces to start a separately run company called Rez Bear Propane.

With a focus on exceptional service from a well-trained and long-tenured staff, the company has experienced significant growth over the past six years. Both Resnick and Mapes were committed to finding a buyer that is known for dependable service, safe practices and for offering cutting-edge products. They found it in Ferrellgas. Resnick and Mapes will now focus their attention on their other non-propane business entities, which were not part of the sale and will remain independently run under their individual leadership.

“Ferrellgas is the right company to continue what we started. Our customers and our employees will be in great hands with Ferrellgas,” said Mapes. “Blue Peak Resources was the perfect company for us to hire, they helped us prepare our business for sale and did a great job finding the right buyer.”

“We are so appreciative that Bobby and Randy put their trust in our company. We are committed to ensuring our clients are comfortable with us, the process, and the outcome. Selling your business is a deeply personal and emotional decision and we take it very seriously,” said John Armentano, partner, Blue Peak Resources.