Notch Capital is a private investment firm specializing in acquisitions, recapitalizations and advisory support of family-owned small and medium-sized businesses in the retail delivered fuel, heating and cooling, home services and home services-adjacent industries. We buy or invest in well-run businesses and also help companies navigate their own growth plans.
Our extensive background in these industries is informed by our work supporting more than a hundred leading businesses in the delivered fuels, HVAC and home comfort industries.
When the owners of these businesses are ready to sell their companies or recapitalize for sustained growth, they know they can count on Notch Capital to support the transition while protecting their legacies, customers and teams. Our commitment goes beyond the sale of the business. We focus on providing operational and strategic expertise along with the right capital structure to ensure a bright future and that the business will be well positioned to scale.
We take a patient, long-term investment approach that actively supports and grows well-run operations. As a private capital firm, we are comfortable with, and often encourage, creative deal structures to meet the specific objectives of each owner. We believe the best deals are those that are win-wins.
Finally, we understand the complexities of the M&A and financial spheres. We are able to work with banks and other capital partners to keep things moving and achieve a positive result for all parties.
How can Notch Capital facilitate your business’s next chapter? Look at our investment criteria and reach out to us to arrange a no-obligation consultation.

Jeff Simpson has spent 25+ years building the value of businesses in the propane, heating oil and HVAC industries. His experience in operations, M&A negotiations, financial advisory support and capitalization in this specialized industry is unparalleled. He’s forged strong partnerships with industry dealmakers, trade associations, and debt and equity providers.
Jeff began his career in operations with Shipley Energy Group. He most recently served as managing director of Angus Energy’s Advisory & Finance Group and asset manager of Angus Fund, L.P. He previously held positions on the energy finance teams at RenRe Energy Advisors Ltd., Citizens Financial Group and UPS Capital Business Credit. Jeff founded Notch Capital to bring a wider range of capital solutions to the historically underserved home heating and cooling services industry.
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