Townsend Energy Acquires Alvin Hollis Co.

Canton, Mass. — Dec. 23, 2025 — FuelExchange, the merger & acquisition service of Gray, Gray & Gray LLP, has announced the completion of a transaction in which Townsend Energy, a fourth-generation, full-service energy marketer in New England, acquired Alvin Hollis Co., a sixth-generation Massachusetts heating oil and propane distributor. Marty Kirshner of FuelExchange represented Alvin Hollis in the transaction.

“Members of the FuelExchange team at Gray, Gray & Gray were the ultimate professionals throughout the entire process,” said Jim Bicknell, president of Alvin Hollis. “From our first meeting when we discussed a possible sale, through the extensive preparation before going to market, right through the negotiation and final transaction, they were right there with us and for us. And I fully expect that Gray, Gray & Gray will continue to support our family in the next phase of our lives.”

“We have been working with the Bicknell family and Alvin Hollis for more than 25 years,” said James DeLeo, MBA, CPA/MST, leading partner at Gray, Gray & Gray. “Our insight into their company provided us with a real understanding of the family’s intent and hopes for their company, both during and after the transaction. We are very pleased with how the sale progressed, and that an amazing company like Townsend Energy will be continuing the tradition of service that Alvin Hollis customers have come to expect.”