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Stuyvesant Fuel Services, a $500MM revenue, third-generation, Family-Owned, Heating Oil, Terminal, and Natural Gas marketing company was approached with an expression of interest by a large, strategic, industry participant. de Visscher & Co. was engaged to first study the merits of the proposed offer, and then advise on additional suitors who should be contacted as well as on other alternatives that could solve the capital and liquidity needs of he shareholders. The Company elected to pursue a strategic and highly targeted sale (4-6 prospects) to create a “quietly competitive” process that would maximize shareholder value. The Shareholders ultimately partnered with Hess Corporation, a multi-billion dollar, publicly-traded, strategic partner.