Crowley Petroleum Distribution Acquires Anderes Oil, Inc.

Crowley Petroleum Distribution Acquires Taku Oil Sales, Inc.

November 13, 2013

Energy

Crowley Petroleum Distribution LLC has acquired Taku Oil Sales, Inc., a family-owned petroleum distributor serving Juneau, Alaska for nearly 50 years. The purchase, driven by Crowley’s desire to expand service coverage in southeast Alaska, follows the Taku founders’ planned retirement and will preserve existing operations and staff under Crowley’s ownership.

Rand Logistics Acquires Andrie, LLC

July 31, 2024

Transportation

Rand Logistics, a Duration Capital Partners-backed Great Lakes bulk-shipping platform, has acquired Andrie, LLC from Auxo Investment Partners. The deal expands Rand’s service offering into liquid bulk commodities (asphalt, cement, refined oil products, calcium chloride) while Andrie will continue to operate under its existing management and brand.

Auxo Investment Partners Acquires Majority Stake in Andrie LLC

February 21, 2019

Transportation

Auxo Investment Partners has acquired a majority stake in Muskegon-based Andrie LLC, a Jones Act bulk transporter operating tugs and barges across the Great Lakes. The investment makes Andrie part of Auxo's newly created Auxo Marine platform alongside M/G Transport Services; financial terms were not disclosed and the Andrie family retains a significant minority stake while Stan Andrie Jr. remains CEO.

RelaDyne Acquires Enterprise Oil Co.

October 13, 2021

Manufacturing

RelaDyne has acquired Enterprise Oil Co., a family-owned lubricants blender, packager, and distributor based in Chicago, Illinois. The deal expands RelaDyne’s custom blending and distribution footprint in the Chicagoland region and brings Enterprise Oil’s aviation, automotive and industrial lubricant relationships into RelaDyne’s platform.

D&H United Fueling Solutions Acquires Cochise Companies

April 4, 2022

Energy

D&H United Fueling Solutions acquired Cochise Contractors, Services and Petroleum Equipment (Cochise) of Phoenix, Arizona, adding Cochise’s ~70 employees and expanding D&H’s footprint in the Arizona market. The deal expands D&H’s service offerings and coverage across the Sun Belt and Mountain West, and the combined company will operate ~16 branches with roughly 570 employees; D&H is PE-backed by KLH Capital.

ENSERVCO Acquires Adler Hot Oil Service, LLC for $12.5M

October 29, 2018

Energy

ENSERVCO Corporation acquired all outstanding ownership interests of Adler Hot Oil Service, LLC for $12.5 million, with a combination of cash, a seller note, indemnity holdback and an earn-out. The acquisition expands ENSERVCO's frac water heating and hot oiling capabilities and geographic footprint (Bakken, DJ Basin, Green River, Marcellus/Utica) and is expected to be accretive to earnings and improve pro forma debt-to-EBITDA.