How Much Did Star Group Raise?
Funding & Key Investors

Star Group has solidified its position as a cornerstone of the United States energy distribution sector, navigating decades of market evolution to maintain its operational footprint. The organization has successfully secured a cumulative capital infusion of $168.3M, reflecting its enduring relevance in the home heating and utility services landscape. Most recently, the firm finalized a major strategic investment totaling $165M, a move that underscores its commitment to scaling infrastructure and enhancing service delivery capabilities across its residential and commercial customer base.

This latest financing round serves as a critical milestone, enabling the company to fortify its balance sheet while continuing to provide essential heating oil, propane, and HVAC maintenance services. By leveraging this capital, Star Group is positioned to optimize its logistics network and expand its ancillary service offerings, including home security and plumbing solutions, which have become increasingly vital to its diversified revenue model.