Thinking of Selling Your Business?
Tounge Associates is a long-standing Family Owned M&A firm. Serving lower-middle market business owners in the Manufacturing, Energy, and Insurance markets. Let’s work together to meet your goals.
Generalists and Specialists
Tounge Associates has national specialty practices in Manufacturing, Energy Distribution & Services and Insurance Industries. But we are also generalists, especially in New England! If you are a lower middle market business owner with revenue in the $5-$50MM range – lets connect. It’s never too early to consider your options.
Arlex Oil Corp
has been acquired by
Latest Transactions
Tounge Associates knows each transaction is personal. We enjoy the relationships we build with business owners, family offices, and strong companies across the Manufacturing, Energy Services, and Insurance industries. Each transaction is more than just a transaction.
Latest News
Q4 2025 Insurance Buyers Survey
As of Q4, 2025: Tounge Associates has relationships to 50+ active insurance agency buyers in the New England region. We connected with these buyers to learn more about their investment criteria, acquisition experiences, and what they are looking for from sellers. If you are a seller or considering an exit in the future, we look…
Adding Hunter Carroll to the Team
Tounge Associates is pleased to announce we have added Hunter Carroll as our newest M&A Advisor, with a focus on the Insurance industry. With over a decade of experience in the insurance industry, Hunter is a former agency owner who successfully sold his business in 2023. He understands the unique challenges and opportunities that come…
Adding Matthew Porter to the Team
Tounge Associates is pleased to announce we have added Matthew Porter as Senior Advisor to the M&A Advisory team, with a focus on the Oil, Propane and HVAC markets. Matt Porter was the founder and owner of Tidewater Oil Company– an oil, propane and service business in Belfast, ME. Tounge Associates had the privilege to…
Start the Confidential Process
Tounge Associates is a no pressure, relationship driven family practice. Let’s start with a confidential introduction to your business, your goals, and where Tounge Associates could assist you along the exit path! It’s a journey and we can help you along the way.
