|
|
|
|
Private Equity Firm Closes On Acquisition Of Retail Energy Supplier
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Effective June
16, 2021, Gainline Equity Fund LP ('Gainline') has indirectly acquired a majority of the limited
liability company interests in Atlantic Energy Group LLC ('Atlantic Energy Group'), which is
the direct parent company of retail energy supplier Atlantic Energy MD, LLC
The transaction had been first reported by EnergyChoiceMatters.com in April
Atlantic Energy MD, LLC is now 100% indirectly owned by Gainline Atlantic
Acquisition Inc., a new company formed to own Atlantic Energy Group and indirectly
majority-owned by Gainline.
Atlantic Energy said that the transaction will not result in any changes
to Atlantic Energy MD, LLC’s operating personnel or management.
Gainline Equity Fund LP is an investment fund vehicle of a private equity firm headquartered in North America that invests in U.S.-based middle market companies. Gainline is controlled by its general partner, Gainline Equity Fund GP LLC.
See more details concerning the transaction in our prior story here
ADVERTISEMENT Copyright 2010-21 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
June 29, 2021
Email This Story
Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Energy Risk Professional -- Retail Supplier -- Houston
• NEW! -- Energy Customer Support Specialist -- Retail Supplier -- Houston
• NEW! -- Business Development Account Executive - Indirect Broker Sales -- Retail Supplier -- Houston
• NEW! -- Customer Engagement Manager -- Retail Supplier -- Houston
• NEW! -- Energy Customer Service Specialist
• NEW! -- Energy Sales Executive
• NEW! -- Senior Energy Intelligence Analyst
• NEW! -- Energy Advisor
• NEW! -- Energy Operations Analyst
-- Retail Supplier
|
|
|