KENT, Conn. – December 15, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Paraco Gas Corporation (“Paraco”) of Rye Brook, N.Y. has acquired the full-service propane delivery business of Advantage Propane LLC (“Advantage Propane” or the “Company”) of Califon, N.J. The transaction closed on December 4, 2020. Founded in 2012 by Steven […]
KENT, Conn. – November 10, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Casey Fuel Oil, Inc. (“Casey Energy”) of Ridgefield, Conn. has acquired the fuel business of Marandola Fuel Service, LLC (“Marandola Fuel” or the “Company”) of New Milford, Conn. The transaction closed on October 30, 2020. Established in 1995, Marandola […]
KENT, Conn. – November 5, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Dead River Company (“Dead River”) of South Portland, Maine has acquired the heating oil, propane, and service business of Fortier & Son, Inc. (“Fortier & Son” or the “Company”) of Somersworth, N.H. The transaction closed on October 27, 2020. […]
KENT, Conn. – October 15, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Santoro Oil Company, a wholly-owned subsidiary of Total Energy Capital Corporation (“Total”) of Providence, R.I. has acquired the heating oil delivery and HVAC equipment installation and maintenance business of Hometown Heating, LLC (“Hometown Heating”) of Brooklyn, Conn. The transaction […]
KENT, Conn. – October 5, 2020 – Cetane Associates LLC announced today that Joe Rosengrant has joined its team of financial advisory professionals as a Director of Business Development. Joe brings over 30 years experience in the propane and delivered fuels industry. He most recently served in business development roles at ThompsonGas, Superior Plus Corp., and […]
We were very pleased to have such a knowledgeable and experienced company in our corner with the team at Cetane. It was obvious that they knew the best process and how to get the ball over the goal line. Their advice throughout the process was greatly appreciated and we thoroughly enjoyed working with them.
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