Service Type: M&A, Recapitalization

Client: Hino Gas Sales, Inc. (“Hino”)

Client Description: Hino Gas Sales, Inc.
In 1963, Alejandro Hinojosa, Sr. founded Hinogas by purchasing one propane bobtail truck and delivering propane to mostly rural customers in Cameron and Willacy Counties of South Texas. Mr. Hinojosa did everything himself in those days: he was the mechanic, dispatcher, accountant, receptionist, service technician and driver, delivering the product to hundreds of homes. Over time, Alejandro Sr. began to receive a reputation as a hard-working, reliable and honest person who would always be there no matter the weather conditions to dependably deliver propane gas. Honoring and upholding the same values as Alejandro Sr., Alex Hinojosa Jr. plans to continue the successful growth of the Company that his father built after refinancing the Company and purchasing all the outstanding shares.

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