Press Releases

Acquisition Announcement: Blue Eagle Logistics

HOUSTON, Texas. – June 5, 2025 – Cetane Associates (“Cetane”), is pleased to announce that Blue Eagle Logistics, Inc. (“Blue Eagle”), of Breinigsville, Pa. has transitioned to Morgan Hartz of Breinigsville, Pa. The transaction was completed on May 5, 2025.

Blue Eagle, based in Breinigsville, Pennsylvania, is a trusted air freight trucking company specializing in first and last-mile logistics and warehousing. The company handles sensitive freight, including auto and aircraft parts, electronics, medical equipment, military gear, and pharmaceuticals. Its hub in Breinigsville manages daily linehaul, sorting, cross-docking, and storage, while their staff coordinate local deliveries. Their facility in Scranton, Pa. maintains rapid logistics for critical parts, helping restore essential services such as ATMs and cell towers.

Blue Eagle recently entered a new chapter under the ownership of Morgan Hartz, managed by her team of experienced leaders from the private equity space. She aims to build upon the company’s strengths while exploring new opportunities to serve clients more effectively. The transition has progressed smoothly, and the team is enthusiastic about the company’s future. Morgan expressed her optimism, stating, “We are thrilled to be taking on Blue Eagle. They built an impressive business, and we see enormous potential for growth, innovation, and expansion in the logistics space.”

Doug Woosnam, Director at Cetane Associates, shared, “We are truly grateful for the trust the Blue Eagle team placed in Cetane to guide them through this important transition. It’s rewarding to see the legacy of the business carried forward by passionate and committed new owners.”

Cetane served as the sole arranger to Blue Eagle. Cetane advised on the sale, including an initial valuation opinion, marketing the business through a confidential process, assisting in negotiating the final deal terms, and coordinating the due diligence process. Team members Doug Woosnam, Barrett Conway, and Duncan McMurchie managed the transaction.

About Cetane Associates

Cetane is a leading provider of financial advisory services to business owners in the propane, heating oil, pest control, lawn care, landscaping, and HVAC & plumbing industries. Clients engage Cetane to advise on sales, spin-offs, and acquisitions, as well as to perform valuation and ad hoc corporate finance assignments. For more information, please visit www.cetane.com.


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