Press Releases

Cetane Awarded Top 10 M&A Advisors in 2022

KENT, Conn. – November 15, 2022 – Cetane Associates LLC announces being named to the “Top 10 Mergers and Acquisitions Consulting Firms 2022” in Financial Services Review’s (FSR) annual edition on M&A advisory firms. FSR will feature a profile of Cetane in the magazine’s December issue. Cetane’s founder Steve Abbate commented, “From the beginning, our […]

Prone M&A Consultants

Acquisition Announcement: Heaps Oil Company

KENT, Conn. – November 3, 2022 – Cetane Associates LLC (Cetane) is pleased to announce that Tevis Energy, Inc. (Tevis Energy), a Maryland corporation, has acquired certain assets related to the operations of Heaps Oil Company, Inc. (Heaps Oil) a full-service distillates delivery business located in Whiteford, Md. The transaction closed on October 27, 2022. […]

Acquisition Announcement: Charlie Burnham Energy & Heating

KENT, Conn. – October 27, 2022 – Cetane Associates LLC (“Cetane”) is pleased to announce that Dead River Company, of South Portland, Maine, has acquired the full service propane and heating oil delivery business and HVAC business of Charlie Burnham Energy & Heating Service, based in Freeport, Maine. The transaction closed on October 12, 2022. […]

Acquisition Announcement: Scott Energy

KENT, Conn. – October 6, 2022 – Cetane Associates LLC (“Cetane”) is pleased to announce that Dead River Company, LLC (“Dead River”), northern New England’s largest full-service home heating provider, with a corporate office based in South Portland, Maine, has acquired the distillates, propane and HVAC service business of Scott Energy Co., Inc. (“Scott Energy”), […]

Acquisition Announcement: M.W. Sewall Inc.

KENT, Conn. – September 27, 2022 – Cetane Associates LLC (“Cetane”) is pleased to announce that Colby & Gale, Inc. (“Colby & Gale”), a Maine corporation based in Damariscotta, Maine, has acquired the propane, distillates, and HVAC service business of M.W. Sewall Inc. (“M.W. Sewall”), headquartered in Bath, Maine. The transaction closed on September 20, […]


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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