New York – September 15, 2026 -- Approved Oil Company and RAEL Fire Protection have entered a strategic partnership combining more than 180 years of combined experience to serve New York metropolitan area building owners across commercial real estate, multifamily, healthcare, hospitality, industrial, institutional, and retail markets.
Two family-owned firms retain independent ownership while aligning services
The collaboration does not involve any change in ownership structure. Both companies will continue operating independently while coordinating on opportunities where their service offerings overlap, aiming to give customers broader technical expertise and improved scheduling across building systems.
Approved Oil covers energy and mechanical infrastructure, RAEL handles fire and life safety compliance
Approved Oil provides energy procurement, mobile boiler rentals, boiler/burner/domestic hot water heater installations, generator fuel piping certifications, and local law compliance services, backed by 24/7 operational support. RAEL Fire Protection specializes in inspection, testing, maintenance, repair, and installation of fire sprinkler systems, fire alarms, special hazard systems, kitchen fire suppression and hood cleaning, and fire extinguisher services, supported by its proprietary RAEL-REDi technology platform.
Executives cite rising compliance and operational-continuity pressures on building owners
"Building owners and facility managers face increasing demands to maintain compliance, manage risk, and keep their facilities operating without interruption," said Oliver Israel, Vice President of Operations at RAEL Fire Protection. Vincent Theurer, President and CEO of Approved Oil, said the partnership connects the two companies' expertise to deliver more comprehensive support for facilities customers depend on daily.
Companies target new business across seven property sectors
The firms expect the partnership to generate opportunities in commercial real estate, multifamily housing, healthcare, hospitality, retail, industrial, and institutional markets, with a stated focus on reducing administrative complexity and service coordination challenges for facility operators.