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Cetane Associates
Wednesday, February 22, 2023
Cetane Associates (Cetane)announced that Sail Energy LLC, of Portsmouth, New Hampshire, has acquired the assets related to the full-service propane and heating oil delivery and HVAC business of Tower Energy LLC<
Respondents ruminate on not letting regrets get in the way of living their best lives
Thursday, January 12, 2023
NEW MILFORD, Conn. (Jan. 5, 2023) — Cetane Associates LLC has announced that Duncan McMurchie has joined its financial advisory firm as an associate, effective Jan. 1, 2023. McMurchie provides analytical support to the firm’s M&A deal execution team.
Thursday, November 10, 2022
KENT, Conn. (Nov. 3, 2022) — Cetane Associates LLC announced that Tevis Energy Inc., a Maryland corporation, has acquired certain assets related to the operations of Heaps Oil Company Inc., a full-service distillates delivery business located in Whiteford, Md. The transaction closed on Oct. 27, 2022.
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Thursday, July 7, 2022
KENT, Conn. (July 7, 2022) — Cetane Associates LLC announced that TexNJ Energy LLC (DBA Weaver Fuels) of Allentown, Pennsylvania, has acquired the business operations of Apgar Oil Co. Inc., a full-service heating fuels delivery business, and Apgar’s discount brand, Thrifty Fuel, also located in Allentown. The transaction closed on June 30.
Wednesday, June 8, 2022
KENT, Conn.
Thursday, May 26, 2022
KENT, Conn. (May 26, 2022) — Cetane Associates LLC announced that Barrett Conway has been promoted to director.
Thursday, May 12, 2022
KENT, Conn. (May 10, 2022) — Cetane Associates LLC announced that Tyler Machado has joined its financial advisory firm as an analyst. Machado provides analytical support to the firm’s mergers and acquisitions deal execution team. He will work from Cetane’s Washington, D.C., office.
For many of your colleagues, a do-over would be deemed unnecessary, but they have learned valuable lessons along the way
How price fluctuations have affected your company's EBITDA & what it looks like in the eyes of a consultant
Tuesday, March 29, 2022
Kent, Conn. (March 29, 2022) — Cetane Associates LLC is pleased to announce that Tamera Kovacs has joined its financial advisory firm as Director, effective April 1, 2022.
Your colleagues dream about what they would create with nothing holding them back
How borrowing can generate more positive cash flow for propane marketers of all sizes
Thursday, March 10, 2022
KENT, Conn. (March 10, 2022) – Cetane Associates LLC is pleased to announce that Lakes Gas Co., a Minnesota corporation headquartered in Wyoming, Minnesota has acquired the propane and refined fuels delivery business of Foss-Johnson Oil LLC based in Walcott, N.D. The transaction closed on March 1, 2022.
The industry sounds off on the life lessons they would pass on & skill sets they’ve acquired
Thursday, February 17, 2022
KENT, Conn. (Feb. 17, 2022) – Cetane Associates LLC is pleased to announce that F. F. Hitchcock Oil Co., LLC of Cheshire, Conn. has acquired Roberts Energy, LLC’s residential heating oil delivery business, marketed under the trade name Superior Fuel (along with its companion brand Amodeo Fuel) based in Waterbury, Conn. The transaction closed on Jan. 10, 2022.
Thursday, February 3, 2022
KENT, Conn. (Feb. 1, 2022) — Cetane Associates LLC is pleased to announce that Skylands Energy Service Inc. of Raritan, New Jersey has acquired the full-service energy supply business of M.J. Neill Inc., located in Bernardsville, New Jersey. The transaction closed on Jan. 18, 2022.
Thursday, January 13, 2022
KENT, Conn. (Jan. 6, 2022) — Cetane Associates LLC has announced that Sail Energy LLC of Portsmouth, New Hampshire, has acquired the assets related to the full-service propane, heating fuels, and motor fuels delivery business of the Rinker Oil Corporation, headquartered in Cuba, New York. The transaction closed on Dec. 15, 2021.
Thursday, December 23, 2021
KENT, Conn. (Dec. 14, 2021) – Cetane Associates LLC is pleased to announce that D. E. Duffey & Sons Inc., a Pennsylvania corporation with offices in Plymouth Meeting, Pennsylvania., has acquired the full-service heating oil delivery business of Sheller Oil Company, a Pennsylvania corporation located in West Chester, Pennsylvania. The transaction on the sale of their heating oil business closed on Dec. 9, 2021. (The Sheller family will continue to own its Sheller Propane business, operating from its current West Chester location.)
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