Every winter, your name is the one they trust to show up. We're building the company behind it.

We partner with family-built heating oil, propane, and home-comfort companies across the Northeast and bring them onto one regional platform. Each company keeps its own name, its people, and the relationships it spent decades earning. What changes is what sits behind it: wholesale supply security, capital for trucks and tanks, back-office support, recruiting, and the systems that are hard to justify one company at a time.

No. That is your choice, and both answers are equally welcome. Some owners want to keep building and take a bigger swing with real backing behind them. Others have earned the right to step away and want to know the company and the customers will be looked after when they do. We can take the full weight — management, dispatch, and the 2 a.m. no-heat call — because we have run this business ourselves.

The name stays over the door and the crew stays employed. Your name is the asset — it is why customers call you instead of the company one town over, and erasing it would destroy the very thing worth partnering with. Your drivers and technicians are the hardest people in the industry to hire; we are not in the business of letting them go.

There is no hard floor. We work with companies from a few thousand accounts to substantially larger regional operations. What matters more than size is the quality of the customer base — automatic delivery penetration, service-plan renewals, and a reputation that holds up in the towns you serve.

The Northeast — New England and the Mid-Atlantic. We build density route by route rather than planting flags across the map, because in this business route density is what drives both service quality and margin.

It starts with a confidential conversation, with no bankers and no obligation. If it makes sense for both sides, we work through the numbers together and put terms in writing that are built around what you want. From first conversation to close typically runs three to five months, and we will tell you early and directly if we are not the right fit.

Yes. Many owners sell a majority for cash at close and roll a meaningful stake forward, so they share in what the wider platform becomes. Others prefer a clean full sale. We build the structure around your goals rather than forcing one template.

Existing plans and prepaid arrangements are honored. Customers should experience continuity — the same trucks, the same technicians, the same phone number — with better response times and equipment availability behind the scenes as the platform grows.

Yes. Our team built and grew a Northeast heating oil and propane business from $1M to $28M of EBITDA and handed it on in stronger shape than we found it. We have priced routes, fought through cold snaps, and taken the 2 a.m. call. That operating history is why we can take the keys in full when an owner wants to step away.

They are part of the diligence and we handle them as a matter of course — tank programs, customer-owned versus company-owned equipment, vehicle fleets, and lease obligations. Aging assets do not disqualify a company; capital for replacement is one of the concrete things the platform brings.

No. Millrace Energy is an independent company and is not affiliated with Millrace Asset Group, an investment management firm, or with any other business that shares the Millrace name. We are a Northeast home-energy platform.

Email owners@millraceenergy.com. The conversation is confidential, there is no obligation, and we will give you a straight answer quickly — including if we are not the right partner for your company.