The content in this preview is based on the last saved version of your email - any changes made to your email that have not been saved will not be shown in this preview.

FuelExchange, the merger & acquisition service of Gray, Gray & Gray, LLP, has announced the completion of a transaction in which Townsend Energy, a fourth-generation, well-recognized full service Energy marketer in New England, acquired Alvin Hollis Co., a sixth-generation Massachusetts heating oil and propane distributor. Marty Kirshner of FuelExchange™ represented Alvin Hollis in the transaction.

“Members of the FuelExchange team at Gray, Gray & Gray were the ultimate professionals throughout the entire process,” said Jim Bicknell, President of Alvin Hollis. “From our first meeting when we discussed a possible sale, through the extensive preparation before going to market, right through the negotiation and final transaction, they were right there with us and for us. And I fully expect that Gray, Gray & Gray will continue to support our family in the next phase of our lives." 


“We have been working with the Bicknell family and Alvin Hollis for more than 25 years,” said James DeLeo, MBA, CPA/MST, Leading Partner at Gray, Gray & Gray. “Our insight into their company provided us with a real understanding of the family’s intent and hopes for their company, both during and after the transaction. We are very pleased with how the sale progressed, and that an amazing company like Townsend Energy will be continuing the tradition of service that Alvin Hollis customers have come to expect.” 


Brookes Townsend, President of Townsend Energy, stated, “It was a pleasure working with Marty Kirshner and Jim DeLeo of Gray, Gray & Gray and FuelExchange on the acquisition of Alvin Hollis. They represented both sides with professionalism and integrity throughout the process. This is a major acquisition for Townsend, and we are beyond excited to join forces with another multi-generation family business that shares our values and vision.”

FuelExchange™ assists those interested in buying, selling or merging a propane, fuel oil, HVAC or plumbing business, helping to facilitate transactions as a “one stop” resource for identifying potential partners, marketing companies for sale, determining business valuation, managing transactions, and developing post-sale financial and operational strategies. 


For additional information, please contact Carl Kaplan at FuelExchange™ at (781) 232-1992 or ckaplan@gggllp.com.

Gray, Gray & Gray, LLP | www.gggllp.com
Facebook  Linkedin  Instagram  Youtube

The information contained in this communication (including any attachments and/or re-directs to other online sources) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. 


Copyright © 2025. All Rights Reserved.