HVAC BusinessesNew JerseyEssex

Select Categories New Jersey
Diversified Energy Distributor and Services ProviderHeating Oil Delivery and HVAC Service and Installation
Diversified Energy Distributor and Services ProviderHeating Oil Delivery and HVAC Service and Installation

Orange, NJ

Equity Partners HG has been retained to explore strategic options, including a sale, for a premium heating oil distributor and HVAC service provider serving northern New Jersey (the “Company”). Founded almost 100 years ago, the Company offers oil delivery and heating and cooling installation and service to both residential and commercial customers. The Company has consistently made strategic investments in technology over the years, enabling improved monitoring and increased productivity in oil delivery. As a result, the Company’s automatic delivery program, which accounts for 82% of liquid sales, is among the most accurate and efficient in the industry. Last year, the Company sold over 6.2 million gallons and because the large majority came from customers enrolled in the automatic refueling program, cash flow is highly stable and predictable. The Company services, sells, and installs high-efficiency heating and cooling equipment (HVAC) supported by comprehensive maintenance service contracts. The staff is highly skilled, with significant tenure and experience. Most of the technicians have New Jersey Master HVACR licenses or are in a Department of Labor approved apprenticeship program to obtain it. They are also an authorized Generac generator dealer specializing in installations on a full range of residential and commercial properties as well as specialists in rooftop AC units. Ownership, who is considering retirement and preparing for the next phase, is proactively looking at options for the Company going forward, including bringing on a partner or selling some or all of the business. This is a unique opportunity to partner with or acquire a well-run, profitable business in a growing industry, one with an impressive customer base, significant assets, and an experienced professional team.


Become a BizBuySell Edge Member Today!