Southampton, PA – February, 2014 – Benjamin Ross Group, a mergers and acquisitions/business broker firm, www.BenjaminRossGroup.com, recently sold Torresdale Fuel of Southeastern Pennsylvania to Star Gas Partners, L.P. of Stamford, Connecticut (NYSE: SGU).
Torresdale Fuel is a third generation business originally consisting of a coal distribution company. They are currently one of the leading heating/fuel, diesel, and gas distribution companies in the Philadelphia area. Star Gas Partners, L.P. is the nation’s largest retail distributor of home heating oil with annual revenue of approximately $1.7 billion and operations in 14 states in the Northeast and Mid-Atlantic, as well as the District of Columbia.
Benjamin Ross Group (www.BenjaminRossGroup.com) engaged as business brokers, initiated the transaction, acted as financial advisor and negotiated the sale.
About Benjamin Ross Group: With offices in Southampton, PA, Radnor, PA, and Princeton, NJ, the Benjamin Ross Group is the most experienced, professional and exclusive business sales, mergers and acquisitions/ business broker firm in the Mid-Atlantic Region. The company represents well-managed businesses, regardless of their size. It provides a full range of services relating to buying, selling or merging businesses; business financing and valuation; and exit planning. For more information, go to: www.BenjaminRossGroup.com.