Goldman Sachs Alternatives to acquire AEGIS Hedging
The Texas commodity risk-management technology provider serves about 700 producers, consumers, capital providers and financial counterparties.
Takeaways
- AEGIS provides commodity market intelligence, technology and market infrastructure.
- The company serves about 700 customers and counterparties across North America.
- Goldman Sachs will succeed Greenbelt Capital Partners and Baird Capital as institutional investor.
Private Equity at Goldman Sachs Alternatives agreed to acquire AEGIS Hedging Solutions, a Woodlands, Texas-based provider of commodity market intelligence, technology and market infrastructure.
AEGIS serves about 700 commodity producers and consumers, capital providers and financial counterparties across North America.
Goldman Sachs will succeed Greenbelt Capital Partners and Baird Capital as the company's institutional investor, while management will invest alongside the buyer.
The parties said the investment will support product development and expansion across commodity and capital markets.
Financial terms were not disclosed.
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