Mitchell Supreme Fuel
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Mitchell Supreme Fuel - overview
Established
1921
Location
-, NJ, US
Primary Industry
Oil & Gas
About
Mitchell Supreme Fuel specializes in the delivery of heating oil and HVAC services, catering to both residential and commercial sectors in New Jersey and surrounding areas, ensuring efficiency and reliability in energy supply. Founded in 1921 and headquartered in Orange, US, Mitchell Supreme Fuel provides energy solutions with a focus on heating oil delivery and HVAC services. The company underwent a management acquisition in 1997 led by Fineman-Bozik, resulting in full ownership by the management team. Mitchell Supreme Fuel is engaged in the delivery and supply of heating oil and a wide range of HVAC services for residential and commercial clients.
Their offerings include automatic heating oil delivery, air conditioning solutions, air quality systems, and Smart Home technology products. The company prioritizes customer convenience through advanced delivery systems and offers energy-efficient solutions such as Energy Star-certified HVAC systems, all while serving a broad market that includes New Jersey, parts of Connecticut, New York, Pennsylvania, and Delaware. Mitchell Supreme Fuel generates revenue through a direct-to-consumer model that includes various pricing plans for heating oil delivery and flexible payment structures. Revenue is supplemented by service agreements for HVAC maintenance and emergency services, facilitating ongoing service relationships and contributing to the company’s financial performance.
Mitchell Supreme Fuel's management plans to leverage its recent acquisition funding to enhance service offerings and expand into new geographic regions by 2024. This includes the development of new products aimed at improving energy efficiency and customer comfort in the home. The recent funding will also support marketing initiatives to attract new clients in targeted areas.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production, Oil & Gas Equipment and Services
Website
http://www.mitchellsupreme.com
Total Amount Raised
Subscriber access only
Mitchell Supreme Fuel - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Mitchell Supreme Fuel | - | ||||||||
| Buyout | Completed | Mitchell Supreme Fuel | - |
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