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MidwestCRE

Satori Energy acquires energy procurement contract assets of Goby, LLC

Staff Writer April 4, 2017
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David C. Wiers, President of Satori Energy, announced that Satori Energy has acquired the energy procurement contract assets of Chicago based Goby, LLC.

This acquisition, the third by Satori Energy since 2011, allows Satori to continue its pattern of targeted growth through adding value to the procurement process for clients nationwide. Mr. Wiers commented, “We have a good working relationship with Goby; our clients have seen demand side reduction and visibility benefits through utilizing Goby’s SeaSuite platform. Satori will maintain its working relationship with Goby as a strategic partner in the energy sector moving forward, and we will continue to create value for all of our clients through our proprietary procurement process.” As part of the transaction, Pritesh Patel will join Satori as Director of Sales. “We are excited to have a quality individual like Pritesh join our team. His experience and industry contacts will contribute and add to the strong sales team we currently have in place,” Mr. Wiers noted.

Goby Executive Vice President Helee Lev further commented, “We will continue to support our customers through strategic partnerships to deliver the full breadth of supply and demand side energy management solutions enabled by our SeaSuite platform. This Satori relationship is another great example in addition to the Able Services relationship we announced earlier this summer.”

The transaction closed in December 2014.

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