Press Releases

Nancy Coop Heads Marketing for Cetane Associates

KENT, Conn. – February 2, 2021 – Cetane Associates LLC announces that Nancy Coop has been promoted to Director of Marketing and is heading up the financial advisory firm’s marketing activities. For the past year, Nancy has worked as a consultant supporting Cetane Associates’ business development efforts and industry relationships. She contributes more than 15 […]

Acquisition Announcement: Martini’s Oil

KENT, Conn. – January 19, 2021 – Cetane Associates LLC is pleased to announce that Sail Energy, LLC of Portsmouth, N.H. has acquired Roberts Energy, LLC’s residential heating oil delivery business, marketed under the trade name Martini’s Oil, based in Johnston, R.I.  The transaction closed on January 11, 2021. Delivering warmth and reliability to Rhode […]

Acquisition Announcement: Advantage Propane LLC

KENT, Conn. – December 15, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Paraco Gas Corporation (“Paraco”) of Rye Brook, N.Y. has acquired the full-service propane delivery business of Advantage Propane LLC (“Advantage Propane” or the “Company”) of Califon, N.J. The transaction closed on December 4, 2020. Founded in 2012 by Steven […]

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. […]

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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