PitStop Fuels, Inc.

Industries

Energy, Power & Infrastructure

Services

Sale To A Strategic Buyer

Press Release

PitStop Fuels Has Been Acquired by Stone Road Energy

Founded in 2005, PitStop is a leading distributor of heating oil, propane, kerosene and motor fuels serving retail and commercial customers throughout Southern Maine. The fastest growing portion of its fuel distribution business is its propane delivery segment, driven largely by the continued customer trend of converting from heating oil to propane. The Company delivers its services using its modern truck fleet and its network of bulk fuel terminals strategically-located throughout the Maine Lakes Region. The cold temperatures, high number of degree days and a lack of pipeline infrastructure make this one of the most attractive route-based heating oil and propane delivery markets in the country.