Press Releases

Acquisition Announcement: Hometowne Energy Co., Inc.

KENT, CONNECTICUT March 10, 2020 – Cetane Associates LLC is pleased to announce that Sail Energy, LLC in Pourtsmouth, New Hampshire, has acquired the full-service energy business of Hometowne Energy Co., Inc. in Brockport, New York. With an operational footprint spanning eighteen counties in western New York, Hometowne Energy sells and delivers bulk propane, heating […]

Barrett Conway Joins Cetane Associates

Cetane Associates LLC announced today that Barrett Conway has joined its team of financial advisory professionals as an Analyst. Barrett will provide analytical support to the firm’s deal execution team. Prior to joining Cetane, Barrett worked five years as an associate in the wealth management area of Salient Partners in Houston. Barrett holds a BBA […]

Acquisition Announcement: Mack Oil Company, Inc.

KENT, CONNECTICUT February 11, 2020 – Cetane Associates LLC is pleased to announce that the Rhoads Energy Family of Companies in Lancaster, Pennsylvania has acquired the full-service heating oil business of Mack Oil Company, Inc., in Malvern, Pennsylvania. Founded in 1931, Mack Oil Company, Inc., operating under the name Mack Services Group, delivers heating oil […]

Acquisition Announcement: George H. Bloch Fuel Service, Inc.

KENT, CONNECTICUT January 21, 2020 – Cetane Associates LLC is pleased to announce that Reliance Oil, LLC in Selinsgrove, Pennsylvania has acquired the convenience store, fuel delivery, and HVAC service businesses of George H. Blouch Fuel Service, Inc. in Lebanon, Pennsylvania. George H. Blouch Fuel Service, Inc. operates four convenience stores with branded gas stations […]

Acquisition Announcement: Phoenix Propane

KENT, CONNECTICUT December 20, 2019 – Cetane Associates LLC is pleased to announce that Connecticut Propane & Petroleum, LLC of Marlborough, Connecticut has acquired the propane distribution business of Phoenix Propane, LLC of Oxford, Connecticut. Founded in 2010, Phoenix Propane, LLC markets propane and related products to approximately 2,000 residential and commercial customers located within […]

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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