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EDP is a multi-regional, route-based provider of propane and power-related services to more than 200,000 residential, commercial, and industrial customers across the United States. The company is built on a foundation of dependable service and a strong commitment to the communities it serves.
At the time of PPC’s partnership, EDP was owned by its founder and two Chicago-based family investors with which PPC had long-standing relationships. EDP’s leadership team was looking for a partner who could accelerate the next phase of growth and provide a liquidity solution to one of the families, but who also understood the importance of legacy, people, and local decision-making. PPC’s own family-business roots and experience working with founder- and family-led companies helped establish alignment early, setting the foundation for a successful partnership.
- Investment date
- September 2020
- Headquarters
- Chicago, IL
- Status
- Active
- Sector
- Commercial & Facility Services, Supply Chain & Distribution
PPC deal team
Eric Kieras
Investment Partner - Services
Alyson Aurand
Vice President - Services
Kailash Jayaraman
Associate
“Since our founding, EDP has cultivated a culture committed to delivering outstanding quality and service across all of the local markets in which we operate. The collaboration with PPC has helped to advance our growth strategy as we build upon the exceptional standard of quality, service, and safety for which EDP is known.”
Tom Knauff,
Founder & Former CEO
“Since stepping into the CEO role in 2025, I’ve been impressed by how closely aligned the PPC and EDP teams are around building a durable, customer-focused business. PPC has a deep appreciation for the complexities of founder-led businesses, while also bringing the resources and depth to help us scale.”
Kevin Pollack,
CEO
On the road to growth
We are excited to continue to support EDP’s operational initiatives, including optimization of the service delivery value chain and investment in platform infrastructure and processes. A key part of our strategy also includes the acquisition of like-minded, often family-owned businesses. EDP has expanded its operating footprint through the strategic acquisition of more than 40 leading regional providers and is actively seeking additional businesses to acquire.
“EDP is a recognized leader in the industry with a terrific management team. We are delighted to partner with the leadership team to support continued expansion of the company’s national footprint and build upon its proven track record of success.”
Eric Kieras,
Partner,
PPC
Recent acquisitions
EDP seeks to partner with propane distribution providers who are committed to providing excellent service to its customers and employees. EDP has completed 19 acquisitions since partnering with PPC.
