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AppDirect Formally Announces Acquisition Of Energy Broker DNE Resources
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AppDirect, a B2B commerce platform, formally announced that it has acquired Québec-based DNE Resources, an energy broker focused on Canadian deregulated markets but which also holds broker licenses in certain U.S. states
AppDirect's acquisition of DNE had been first reported by EnergyChoiceMatters.com last month
As previously reported, AppDirect also recently acquired Broker Online Exchange (BOX)
Both acquisitions are financed by a CAD 100 million credit facility provided by global investment group La Caisse (formerly CDPQ), "and substantially expand AppDirect’s reach into the Canadian and U.S. energy markets, fueling its vision of becoming the everything store and lifecycle management platform for all services supporting business success and growth sold through advisors and brokers," AppDirect said
Founded in 2009, DNE provides energy solutions for industrial and commercial customers, with AppDirect stating that DNE has grown to become one of the largest energy management firms in Canada, with more than CAD 250 million in energy spending under management.
"Through this acquisition, the DNE team will gain access to the BOX My Service Cloud platform and AppDirect’s portfolio of value-added services. This allows DNE to offer a truly differentiated go-to-market approach to provide their customers with additional technology solutions, driving new revenue streams and increasing customer loyalty," AppDirect said
"DNE Resources and BOX will remain as strong distinct brands in the energy market," AppDirect said
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June 19, 2025
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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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