home services industry acquisitions Archives

Cetane Announces the Sale of Hart and Iliff

NEW MILFORD, Conn. – October 25, 2024 – Cetane Associates (“Cetane”) is pleased to announce that NRG Heat & Power LLC (“NRG”), located in Rye Brook, N.Y., has acquired Hart & Iliff Fuel and Energy Systems (Hart & Iliff) located in Newton, N.J. The transaction closed on October 1, 2024. Hart & Iliff was established… Continue reading Cetane Announces the Sale of Hart and Iliff

Cetane Announces the Sale of Barnes Petroleum

NEW MILFORD, Conn. – October 22, 2024 – Cetane Associates (“Cetane”) is pleased to announce that Martin Oil Company (“Martin Oil”) located in Bellwood, Pa. has acquired Barnes Petroleum Products, Inc. (“Barnes Petroleum”), of Claysburg, Pa. The transaction closed on September 30, 2024. Barnes Petroleum Products was founded by Robert Barnes in Blue Knob, Pa.,… Continue reading Cetane Announces the Sale of Barnes Petroleum