Portfolio Company
MxEnergy is a leading retail marketer of natural gas and electricity contracts to residential and small commercial customers in 11 states and within two provinces in Canada. The Company offers variable-rate gas and electricity contracts and fixed-price gas contracts of up to three years in length. Numerous states continue to deregulate the retail natural gas and electricity industries to provide customers with choice and to enable utilities to focus on their core competency of transport and transmission. MxEnergy offers customers choice and also provides residential and small commercial customers with the opportunity to lock-in energy prices, a service previously only available to large industrial and commercial businesses.
Acquisition Search Criteria:
Target Size
Companies with a minimum of $15 million in sales
Attractive Target Criteria
Retail energy marketing companies in gas and/or electricity markets that sell to
residential or small commercial customers
Companies situated in deregulated utility territories in North America
Experienced supply, operations and risk management
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