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 […]
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 […]
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 […]
KENT, Conn. – September 21, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Brideau Oil Corp. (“Brideau Energy”) of Fitchburg, Mass. has acquired the heating oil, diesel, and bulk gasoline delivery businesses of Montuori Oil Delivery, Inc. and related entities (together “Montuori Oil”) of Fitchburg, Mass. The transaction closed on September 10, […]
KENT, Conn. – September 15, 2020 – Cetane Associates LLC (“Cetane”) is pleased to announce that Tower Energy Holdings Company and Tower Energy, LLC (together “Tower Energy”) in Plainville, Conn. have acquired the full-service energy business of Barrieau Oil Company, Inc. (“Barrieau Oil”) in West Hartford, Conn. The transaction closed on July 30, 2020. Barrieau […]
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.
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