Tounge Associates Hires New M&A Senior Advisor
Monday, September 16, 2024
Tounge Associates has hired Matt Porter, the founder of Tidewater Oil Company, as a senior advisor to the company's M&A advisory team. In this role, Porter will assist Tounge Associates in guiding companies through the M&A process.
EDP Acquires Green Propane & Summit Propane
Tuesday, August 6, 2024

EDP has purchased Green Propane and its sister company, Summit Propane. With a headquarters office in Hatfield, Pennsylvania, this latest acquisition — EDP’s 40th — strengthens its footprint in southeastern Pennsylvania and increases its presence in the Poconos Mountains. Both Green Propane and Summit Propane have been owned by Todd Walker. 

iRely Announces New Headquarters Location in Dallas, Texas
Thursday, July 11, 2024

DALLAS — July 9, 2024 — iRely, a provider of back-office software solutions for petroleum, agriculture, and commodity trading and risk management (CTRM) industries, has announced the relocation of its headquarters to Dallas, Texas. This move is set to enhance the company's growth and provide easier access for international travel. 

Southern Quality Propane Acquires Marianna Propane Branch of Florida Public Utilities
Thursday, June 27, 2024

NEW MILFORD, Conn. — June 27, 2024 — Cetane Associates has announced that Southern Quality Propane, Inc. (“SQP”), a Florida corporation, has acquired certain assets used in the operation of, or associated with, the full-service propane delivery business of the Marianna propane branch of Florida Public Utilities (“FPU”) located in Marianna, Fla. The transaction closed on June 18, 2024. 

FEI Inc. Hires Territory Manager for Energy Division
Friday, May 31, 2024
FEI Inc. has hired Kevin Ernesti as its new territory manager for its Southwest Energy Division. Ernesti takes on the role with 35 years of experience in customer service and sales, aligning with the company's goal of developing customer relations in the region.