Tuesday, July 2, 2024
Cetane Associates announces that SOS Xtreme Comfort has acquired the propane, distillates and HVAC business of Spiegel Corp. Jeffrey Spiegel becomes the principal owner, continuing the family legacy since 1934.
Cetane Associates
Wednesday, May 22, 2024
NEW MILFORD, Conn. — May 22, 2024 — Cetane Associates has announced that an undisclosed buyer has acquired the propane assets related to Shoshone Propane Inc. (“Shoshone Propane”), a full-service propane business located in Pahrump, Nevada. The transaction closed on May 2, 2024.
Thursday, April 25, 2024
NEW MILFORD, Conn. — April 25, 2024 — Cetane Associates is pleased to announce that Whitney Parsley has joined its financial advisory firm as an associate, effective April 15, 2024. Parsley provides paralegal support to the firm’s M&A deal execution team. She will be based at Cetane’s Houston, Texas office.
Thursday, March 7, 2024
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.
Tuesday, February 13, 2024
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.
Wednesday, February 7, 2024
Daigle Oil Company has acquired the propane assets of Mapleton Oil Company Inc., a full-service fuel business in Mapleton, Maine. Cetane Associates served as the financial advisor to Mapleton Oil Company, facilitating the sale and providing guidance throughout the process.
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Tuesday, November 28, 2023
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.
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Tuesday, November 7, 2023
Pamela Giordano has joined Cetane Associates as the full-time director of the company's financial advisory firm. Giordano previously worked as a part-time consultant for Cetane.
Wednesday, October 18, 2023
Cetane Associates has announced the acquisition of Rockingham Oil by Dead River Company, the largest full-service heating provider in northern New England.
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Tuesday, October 17, 2023
Cetane Associates has hired Griffin Sharp as its new director. In his previous role, Sharp served as the director of corporate development at Dead River Company.
Thursday, October 5, 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.
Tuesday, September 12, 2023
Cetane Associates has announced that Eastern Propane Inc. has acquired the assets relating to Blue Flame Gas Company. The full-service propane company headquartered in Rangeley, Maine, will now operate under the Easter Propane banner.
Thursday, August 17, 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.
Tuesday, August 1, 2023
Haffner's has acquired Hartmann Oil & Propane, a full-service heating fuels and propane delivery business. The acquisition will expand the assets of Haffner's, one of the largest wholesale distributors of fuel in New England.
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Thursday, July 20, 2023
The full-service heating fuels business Horan Oil has joined the MacFarlane Energy team. The latter will continue Horan Oil's reputation for excellent customer service.
Wednesday, July 12, 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.
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