Press Releases

Aquisition Announcement: Horan Oil Corporation

NEW MILFORD, Conn. – July 18, 2023 – Cetane Associates (“Cetane”) is pleased to announce that MacFarlane Energy, Inc (“MacFarlane Energy”), a Massachusetts corporation, has acquired certain tangible and intangible assets of the full-service heating fuels business of Horan Oil Corporation (“Horan Oil”), a corporation based in Stoughton, Mass. The transaction closed on June 28, […]

Acquisition Announcement: Augusta Fuel Company

NEW MILFORD, Conn. – July 11, 2023 – Cetane Associates (“Cetane”) is pleased to announce that Dead River Company has acquired full-service home heating Augusta Fuel Company (“Augusta Fuel”), Augusta, Maine. The transaction closed on June 27, 2023. The legacy of Augusta Fuel dates back to 1888, when it was founded as the Augusta Ice […]

Acquisition Announcement: South Florida Gas

NEW MILFORD, Conn. – June 27, 2023 – Cetane Associates (Cetane) is pleased to announce that ThompsonGas, LLC (ThompsonGas), a Maryland limited liability company, has acquired the tangible and intangible assets related to the propane delivery business of South Florida Gas Company Inc. (South Florida Gas), headquartered in Fort Myers, Fla. The transaction closed on […]

Acquisition Announcement: Evergreen Fuels, Inc.

NEW MILFORD, Conn. – June 21, 2023 – Cetane Associates (Cetane) is pleased to announce that the Van Etten Oil Co., Inc. (VEO Energy), a New York corporation based in Monticello, N.Y., has acquired the business assets related to the operations of Evergreen Fuels, Inc. (Evergreen Fuels), a full-service delivered fuels business located in Montgomery, […]

Trey Brasseaux Joins Cetane Associates

NEW MILFORD, Conn. – May 16, 2023 – Cetane Associates is pleased to announce that Trey Brasseaux has joined its financial advisory firm as an Associate, effective May 15, 2023. Trey brings more than six years of client advisory experience in financial roles with professional services businesses. His background includes working with an independent investment […]

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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