New Milford, Conn. (March 7, 2024) — Cetane Associates announced that Don Smith has joined its financial advisory firm as director, effective March 1. With close to four decades of M&A expertise, Smith has successfully closed over 700 business transactions.
Cetane Associates
NEW MILFORD, Conn. – Feb. 13, 2024 – Cetane Associates (Cetane) is pleased to announce that Dead River Company has acquired Bourne’s Inc. (Bourne’s Energy), a full-service propane, heating fuels, and pellets delivery business located in Morrisville, Vermont. The transaction was completed on Feb. 1, 2024.
Cetane Associates (“Cetane”) has announced that Dead River Company has acquired Roby’s Propane Gas, a propane and distillates delivery business headquartered in West Wareham, Massachusetts. The transaction was completed on November 14, 2023.
NEW MILFORD, Conn. (Oct. 5, 2023) — Cetane Associates is pleased to announce that Sail Energy LLC, of Portsmouth, New Hampshire, has acquired tangible and intangible assets related to the full-service heating fuels and propane delivery business of Blanchard’s Cash Fuel Inc., a Maine corporation. The transaction was completed on Sept. 30, 2023.
NEW MILFORD, Conn. (Aug. 15, 2023) — Cetane Associates announced that American Lease Inc., a Delaware corporation, has acquired certain tangible and intangible assets related to the residential distillates delivery and service business of Sperr’s Fuel & Heating Co., a corporation based in Glen Mills, Pennsylvania. The transaction closed on June 28, 2023.
NEW MILFORD, Conn. (July 11, 2023) — Cetane Associates has announced that Dead River Company has acquired full-service home heating Augusta Fuel Company, headquartered in Augusta, Maine. The transaction closed on June 27, 2023.