plays across the United States . Crestwood is engaged in the gathering , processing , treating , compression and transportation of natural gas ; storage , transportation , terminalling , and marketing of NGLs ; gathering , storage , terminalling and marketing of crude oil ; and gathering and disposal of produced water .
� AMERICAN LEASE ACQUIRES SPERR ’ S FUEL & HEATING
American Lease , a Delaware corporation , acquired the residential distillates delivery and service business of Sperr ’ s Fuel & Heating Co . in Glen Mills , Pa .
A family-owned business founded in 1983 by John L . Sperratore , Jr ., Sperr ’ s Fuel grew first by word of mouth and from new accounts developed through LIHEAP . After 35 years John wanted to retire , coinciding with his son Mark and daughter-in-law Laura stepping into manage the business . By 2018 , Mark and Laura became owners who made updates to the company ’ s website and digital marketing , relocated their facility , and hired new employees .
American Lease is the fleet arm of American Energy Supply , led by President Kristen Baiocco . The business has a history that dates back to the 1970s when Kristen ’ s father Russell J . Baiocco established a reliable fuel supply for construction projects . Today , the business is certified with The Women ’ s Enterprise National Council as a business owned and operated by two women , Kristen Baiocco and Maria Baiocco .
The transaction closed on June 28 , 2023 . Cetane Associates ( www . cetane . com ) served as the sole arranger and financial advisor to Sperr ’ s Fuel .
� EASTERN PROPANE ACQUIRES BLUE FLAME
Eastern Propane Gas , a New Hampshire corporation , acquired the business assets of R . B . Sahagen , DBA Blue Flame Gas Co ., headquartered in Rangeley , Maine . Blue Flame is a full-service propane sales , delivery , and appliance business which also owns and operates a retail store offering a range of products for the home . The transaction was completed on August 29 , said Cetane Associates in an announcement .
With expertise in the propane industry , Robert and Jeannine Sahagen established Blue Flame in 1998 . From their initial home-based operations , they grew the business to include a bulk plant that houses an office , vehicle-repair and inventory space , and a 30,000-gallon storage tank .
The Sahagens ’ son Aaron Vryhof and his wife Meagan Vryhof took on
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