HomeNovember 8, 2019
Retail Energy Supplier Serving 95,000 Customers In PJM, New York Evaluating Strategic Alternatives, Goes To Market
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A retail energy supplier serving 95,000 residential and small business electricity and natural gas customers in PJM and New York is exploring strategic alternatives
Equity Transfers, LLC is marketing the retail supplier's business and has retained Preston Ochsner and Ochsner Interests Inc. to assist in obtaining and evaluating offers for the retail energy provider
The retail supplier is described as having EBITDA of $9.1 million in 2018, $10.3 million in 2017, and a projected $10 million for 2019
The retail supplier is described as having revenue of $43.9 million in 2018, $38.7 million in 2017, and a projected $50 million for 2019
The retail supplier is described as having a, "lean operation with consistent profit margin."
Interested parties can contact Preston Ochsner for more details, at Preston@OchsnerInterests.com or 713-498-5361
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