GARY PAPAY, M&AMI
Managing Partner, Founder and M&A Broker
Gary Papay is a professional intermediary and business appraiser specializing in the sale and transfer of privately held mid-market petroleum and propane related companies since 1976. Gary is the partner in charge of the Pennsylvania and North Carolina offices and is founder and owner of CK Business Consultants, Inc. and International Business Group, LLC, known as IBG Business.
Entrepreneurial/Industry Experience
Gary Papay’s career started at Agway, Inc. a Fortune 100 company, where he held a progression of positions in the company’s petroleum division, including plant manager, corporate propane operations manager, district manager, and division operations manager. He was responsible for acquisitions and divestitures and business valuations.
After 18 years in corporate management, Gary joined CK Business Consultants, an M&A business transactions firm that specialized in oil and gas-related industries. He acquired the business in 1999 and then expanded the company into manufacturing and distribution sectors.
Gary’s business commitment: “Assisting business owners in valuing and selling their companies at the appropriate time and for maximum value.”
Gary and his wife have three grown daughters, two granddaughters, and one grandson, and reside in Hughesville, PA and Greensboro, NC. Gary is an active Rotarian and enjoys hiking, biking, and traveling to warm climates during the winter months.
Certifications and Designations
- Merger & Acquisition Master Intermediary (M&AMI): The M&A Source
- Certified Business Intermediary (CBI): International Business Broker Association
- Industry Expert Designation: Business Brokerage Press
- Certified Machinery & Equipment Appraiser/Broker (CMEA): NEBB Institute
- Senior Business Analyst (SBA): NEBB Institute
Honors and Awards
- The M&A Source Darrell Fouts Award for visionary leadership in the M&A profession
- Tom West Award: International Business Broker Association (IBBA)
- Chairman’s Award for Leadership: International Business Broker Association (IBBA)
- The M&A Source Platinum Club Award
- Champions Award: The M&A Source
Memberships
- Business Intermediary Education Foundation (BIEF): Board of Directors
- Empire State Energy Association (ESEA)
- International Business Broker Association (IBBA): Fellow; Board of Directors, Secretary
- M&A Source: Fellow; Board of Directors, Secretary
- Manufacturer & Business Association (MBA)
- National Equipment & Business Broker’s Institute (NEBB)
- National Propane Gas Association (NPGA): Board of Directors
- New York Propane Gas Association (NYPGA)
- Pennsylvania Business Brokers Association (PBBA): Board of Directors, Secretary
- Pennsylvania Petroleum Association (PPA)
- Pennsylvania Propane Gas Association (PAPGA): Board of Directors
- Petroleum Marketers Association of America (PMAA)
- Propane Gas Association of New England (PGANE)
Business & Community Involvement
- IBBA and The M&A Source Leadership – Director; Officer; Chair, Credentialing Committee, Bylaws Committee, University Affiliation Task Force, International Credentialing Task Force, Bylaws Task Force
- Published contributor and speaker for industry publications and national conferences
- Volunteer, various local charity organizations and projects
- Flight 93 National Memorial: Founding Sponsor
- World War II Memorial: Charter Member
- Wolf Township Planning Commission: Chair
- Church of the Resurrection: Finance Council Chair; Planning Committee Chair – built new church
- Rotary International: President, Hughesville Rotary; District 7370 Chair Short-Term Youth Exchange Program
- Williamsport/Lycoming Chamber of Commerce
- Leadership Lycoming: Graduate
- Greater Hughesville Business Association