J.J. Sullivan Oil & Propane acquires local company

February 9, 2016 By    

J.J. Sullivan Oil & Propane, a retailer based in Guilford, Conn., acquired Connecticut-based Madison Oil, according to FuelExchange LLC.

J.J. Sullivan Oil & Propane is an energy company serving New Haven County in Connecticut with propane¬†fuel delivery, installations and service; air-conditioning installations and service; indoor air-quality installations and service; and fuel oil delivery and service. The acquisition of Madison Oil, which is based in Madison, Conn., expands the company’s heating oil and fuel oil business.

FuelExchange, an affiliate of Gray, Gray & Gray LLP, facilitated the transaction, acting as the sole broker. FuelExchange helps companies interested in buying, selling or merging propane, oil, petroleum or convenience store businesses.

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