Wilson Oil & Propane acquires Harris Comfort

In looking to expand its footprint across southeastern Pennsylvania, Wilson Oil & Propane acquired Harris Comfort, a heating oil, propane and HVAC provider with over half a century of service to the Bucks County region.

Notch Capital, based in Simsbury, Connecticut, served as the sole M&A adviser to the seller while finding a local buyer.

The transaction helped Harris Comfort transition to new leadership while growing gallons for Wilson Oil & Propane and expanding its customer base and service region, according to Notch Capital.

“Jeff [Simpson] and the Notch Capital team were instrumental in finding the right buyer whose values aligned with ours,” says Bruce Harris, vice president and a member of the third-generation ownership group of Harris Comfort. “We were not interested in engaging in a broad-based buyer search because our reputation was too important to us to sell to anyone. It was an absolute necessity that our employees and our legacy would be taken care of, and Jeff made sure that we found the company that would do that.”

David O’Connell of Wilson Oil & Propane adds, “Jeff did a wonderful job throughout the process, getting the parties together face-to-face to discuss important elements of the deal to ensure it would get done. Without his extensive background in M&A markets, we would not have gotten to the finish line.”

Notch Capital is a private investment firm specializing in buyouts and recapitalizations of lower middle market businesses in the heating, cooling and home services industries. It also provides advisory services to help these businesses strengthen their performance and analyze acquisitions.

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