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Announced

Completed

Validere completed the acquisition of Phoenix Energy Consultants.

Synopsis

Validere, a data analytics SaaS platform that provides commodity data transparency to the energy industry, completed the acquisition of Phoenix Energy Consultants, a provider of Western Canadian energy producers with transportation and marketing optimization services for crude oil, natural gas, NGL, and sulfur production. Financial terms were not disclosed. “I got to know Validere as an early partner. The energy supply chain is changing where sellers, buyers, and stakeholders increasingly care about an entirely new array of attributes that describe the molecule, including the emissions data that Validere pulls in and connects. Validere is at the forefront of acting as a data layer for everything that concerns the market. The next step for us as a firm was to incorporate this data so we could continue to service our clients in the best way possible, as has always been our promise," Dave Maffitt, Phoenix President.

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