Tounge Associates, LLC (TA) is pleased to announce that Lake Region Energy Holdings, LLC (Lake Region Energy), based in York, ME has acquired the fuel oil distribution business of Maine-ly Heating Oil (Maine-ly), based in Standish, Maine.   The transaction closed on November 17th, 2022. Phil and Kim Pomerleau founded Maine-ly Heating Oil in 1984 in Gorham, Maine. In 1987, Mainely Heating Oil was relocated to 57 Northeast Road in Standish, Maine. Mainely can proudly say they started as a ... Read More

Tounge Associates (TA) is pleased to announce that Dead River Company (Dead River), with corporate offices in South Portland, Maine has acquired the oil and propane fuel distribution and service business of Tidewater Oil Company (Tidewater Oil), based in Belfast, Maine.   The transaction closed on December 7th, 2022. Founded in 2006 by Matt Porter, Tidewater Oil has always sought to provide an unsurpassed experience each time they interact with their customers. As a child, Matt was exposed to ... Read More