Press Releases

Barrett Conway Promoted to Director

KENT, Conn. – May 26, 2022 – Cetane Associates LLC announces that Barrett Conway has been promoted to Director. For more than two years Barrett has served as a senior analyst, engaging in M&A advisory, business value estimates, and transaction analysis as part of the firm’s deal execution team. He contributes more than seven years […]

Tyler Machado Joins Cetane Associates

KENT, Conn. – May 10, 2022 – Cetane Associates LLC is pleased to announce that Tyler Machado has joined its financial advisory firm as an Analyst, effective April 1, 2022. Tyler provides analytical support to the firm’s M&A deal execution team. He will work from Cetane’s Washington D.C. office. Before joining Cetane Associates, Tyler worked […]

Acquisition Announcement: Liberty Propane & Meadows Petroleum

KENT, Conn. – April 24, 2022 – Cetane Associates LLC is pleased to announce that Energy Distribution Partners headquartered in Chicago, Ill. has acquired the multi-state, full-service energy businesses Liberty LP Gas Inc. and Liberty Community Gas, LLC (together doing business as Liberty Propane), and the full-service heating oil business Meadows Petroleum Products, Inc. (Meadows […]

Tamera Kovacs Joins Cetane Associates

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. Tamera Kovacs has spent the last 20+ years in the retail propane/delivered fuels industry with much of that time performing M&A advisory, business consulting, transition planning, […]

Acquisition Announcement: Foss-Johnson Oil

KENT, Conn. – March 10, 2022 – Cetane Associates LLC is pleased to announce that Lakes Gas Co., a Minnesota corporation headquartered in Wyoming, Minn. 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. For nearly 70 years, Foss-Johnson Oil […]


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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.

— Steve Lombardi, Brodeur’s Oil, Moosup, CT