BGC Group Acquires Sage Energy Partners
October 10, 2024
BGC Group, Inc. (Nasdaq: BGC) has acquired Sage Energy Partners, LP, a Houston-based energy and environmental brokerage firm. The deal expands BGC's U.S. energy brokerage capabilities — adding coverage in refined products, biofuels, ethanol, carbon emissions, NGLs and petrochemicals — and strengthens its Energy, Commodities, and Shipping (ECS) business.
- Buyers
- BGC Group, Inc.
- Targets
- Sage Energy Partners, LP
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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