Press Releases

Acquisition Announcement: Marandola Fuel Service, LLC

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 […]

Acquisition Announcement: Fortier & Son, Inc.

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. […]

Acquisition Announcement: Hometown Heating

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 […]

Joe Rosengrant Joins Cetane Associates

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 […]

Acquisition Announcement: NES Group

KENT, Conn. – September 29, 2020 – Cetane Associates LLC is pleased to announce that DCC Propane, LLC, a division of DCC plc (“DCC Propane”), of Roberts, Ill., has acquired the full-service energy business of Northeast Oil and Propane, Inc. and Saveway Petroleum Inc. (together the “NES Group”) headquartered in Brooklyn, Conn. The transaction closed […]

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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