FuelExchange™, the energy industry merger & acquisition service of Gray, Gray & Gray, LLP, has announced that Santa Energy (Bridgeport, CT) has acquired Branchville Oil Co., Inc. (Ridgefield, CT). FuelExchange served as a consultant for Branchville Oil throughout the transaction, from initial valuation through final negotiations.
“It was great to see the owner of Branchville Oil, Paul Ciavarelli, land with such a well-run, professional organization like Santa. It was important to Paul that his legacy and the location he grew up in would be handed over to folks he felt had the integrity to keep that legacy going and who are experienced in making acquisitions. It was a pleasure working with both sides,” says Marty Kirshner, Partner & head of the Energy Practice at Gray, Gray & Gray.
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