![Rad Energy logo](https://assets-global.website-files.com/5ee2a7898a78c783568792e0/5ee7c411f34523792b80e097_rad_energy01.gif)
Rad Energy logo
has sold the assets of RAD ENERGY CORP. to
Sprague logo
RAD is a distributor of heating oil
de Visscher & Co. provided strategic guidance and liquidity alternatives to this $200mm family-owned bulk heating oil and fuel distributor. After evaluating alternatives, de Visscher structured and negotiated a strategic sale to New Hampshire-based Sprague Energy, a subsidiary of Axel Johnson Companies of Sweden, providing the shareholders with liquidity.