
Propane

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…

A Year After a Sale – Tidewater
Tounge Associates had the privilege to assist Tidewater in the sale of their business to Dead River in 2022. We first met Matt and Michele Porter in 2021 to learn more about their business and complete a Valuation. It wasn’t until 2022 that Matt and Michele made the decision to sell their business and engage…

Propane’s future looks bright in the Energy Transition
The energy transition is underway – or so they say. Meanwhile, we need to fuel the world’s economy considering 80-85% of our energy still comes from fossil fuels. Regardless of how you feel about the energy transition – whatever fuels we choose to optimize, it is paramount that they are sturdy like the four legs…
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.