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Chicago, May 20, 2019 (GLOBE NEWSWIRE) -- EY has announced that Tom Knauff, CEO of Energy Distribution Partners (EDP), is a finalist for the Entrepreneur Of The Year® 2019 Award in the Midwest.
The awards program recognizes entrepreneurs and leaders of high-growth companies who excel in innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. Mr. Knauff was selected as a finalist by a panel of independent judges. Winners will be announced at a gala event on June 12, 2019, at Navy Pier in Chicago.
“I am honored to be chosen as an EY Entrepreneur of the Year finalist. Our team has built Energy Distribution Partners from a start-up in 2012 into the nation’s eighth-largest independent provider of propane and light fuels, creating value through a disciplined strategy of acquiring strong businesses and implementing best practices for organic growth,” Mr. Knauff said. “We just completed our 23rd acquisition and now operate in nine states from coast to coast. In the past three fiscal years, revenue more than doubled and EBITDA more than tripled. EDP’s rapid growth continues in fiscal 2019.”
Now in its 33rd year, the EY Entrepreneur of the Year program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world. Regional award winners are eligible for the Entrepreneur Of The Year National competition.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Ewing Marion Kauffman Foundation. Local sponsors for the Midwest program include Plexus Groupe, LaSalle Network, Cresa, PNC Bank, Becker Professional Education and 1871.
About Energy Distribution Partners
Energy Distribution Partners is a rapidly-growing company in America's fast-changing energy landscape – with deep experience in retail and commercial propane sales, operations and finance. The company provides safe, reliable propane service to residential and commercial customers in California, Washington, Minnesota, Wisconsin, Michigan, Ohio, Pennsylvania, New York and South Carolina. Energy Distribution Partners pursues a long-term strategy of purchasing successful operations in propane and other fuels and in the midstream energy sector, retaining the brand name, preserving local management and delegating to leaders in local communities. The company is actively seeking partners for growth. For more information, please visit www.edplp.net.
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