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EnergyCAP Named a Major Player in Worldwide Carbon Accounting & Management Software in Latest IDC MarketScape Report

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP, a leader in energy and sustainability software solutions, is proud to announce its recognition as a Major Player in the IDC MarketScape: Worldwide Carbon Accounting & Management Applications 2024 Vendor Assessment (doc # US51572424, June 2024).

The report aims to help organizations better understand the carbon accounting and management software ecosystem by taking a deep dive into current software platform offerings. Vendors were evaluated on six capability and six strategy categories.

"We are honored to be recognized by the IDC MarketScape as a Major Player in carbon accounting and management software," said Tom Patterson, CEO of EnergyCAP. "We believe this acknowledgment reflects our dedication to providing innovative and reliable solutions that help our customers achieve their energy and sustainability goals effectively."

For more information about EnergyCAP and its suite of products, please visit https://www.energycap.com/.

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals. Visit EnergyCAP.com to learn more.

EnergyCAP, a leader in energy and sustainability software solutions, is proud to announce its recognition as a Major Player in the IDC MarketScape: Worldwide Carbon Accounting & Management Applications 2024 Vendor Assessment (doc # US51572424, June 2024).

Related link: https://www.energycap.com/

EnergyCAP Named Market Leader in the Summer 2024 Energy Management Software Customer Success Report

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP has been named a Market Leader in the Energy Management Software category for the Summer 2024 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer success content such as customer testimonials, success stories, case studies, and customer videos.

FeaturedCustomers evaluated all the potential Energy Management Software companies on its platform for possible inclusion in the report. Only 21 companies met the criteria needed for being included in the Summer 2024 Energy Management Software Customer Success Report. EnergyCAP earned a Market Leader award in the category.

The Customer Success Report is based on the curation of authenticated case studies, testimonials, and videos from across the web, telling a complete story of vendors in the Energy Management Software space through real customer experiences. Rankings are determined by multiple factors including total number of customer success content, social media and market presence, vendor momentum based on web traffic and search trends, and additional data aggregated from online sources and media properties.

Market Leader - The Market Leader designation is awarded to vendors with substantial customer base & market share and enough customer success content to validate their vision. Leaders have the highest ratio of customer success content, content quality score, and social media presence relative to company size. Highly rated by customers, EnergyCAP consistently publishes high quality, vendor produced customer success content and curates quality customer references from multiple third-party sites.

The full report, along with EnergyCAP's profile, is available for you to download here: https://www.featuredcustomers.com/vendor/energycap

"Being recognized as a Market Leader in the Summer 2024 Energy Management Software Customer Success Report by FeaturedCustomers is a testament to the hard work and dedication of our team at EnergyCAP," said Tom Patterson, CEO of EnergyCAP. "Our commitment to delivering exceptional energy and sustainability solutions and ensuring customer success remains at the forefront of our mission.

"This accolade reflects our consistent efforts to provide top-tier service and innovative solutions that empower our customers to achieve their sustainability goals. We are honored by this recognition and will continue to strive for excellence in helping our clients manage their energy data and drive sustainable outcomes."

About EnergyCAP:

For forty years, EnergyCAP has helped over 10,000 energy and sustainability leaders across government, education, and commercial sectors streamline utility bill accounting, energy management, and sustainability reporting. EnergyCAP's financial-grade energy data analytics platform and tools make it the leading energy and sustainability ERP platform on the market today. EnergyCAP, LLC is a multiple year winner of ENERGY STAR Partner of the Year, Inc. 5000 Fastest Growing Private Companies, and Environmental Leader's Product of the Year. In addition to software, EnergyCAP, Inc. provide implementation, training, utility bill processing & management, and support services. Learn more: https://www.energycap.com/.

About FeaturedCustomers:

FeaturedCustomers, the world's only customer reference platform for B2B business software & services, helps potential B2B buyers research and discover business software & services through vendor validated customer reference content such as customer testimonials, success stories, case studies, and customer videos. Every day their platform helps influence the purchasing decisions of thousands of B2B buyers in the final stages of their buying cycle from Fortune 500 companies to SMB's. For more information, visit https://www.featuredcustomers.com/.

EnergyCAP has been named a Market Leader in the Energy Management Software category for the Summer 2024 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer success content.

Related link: https://www.energycap.com/

UTTO Inc. partners with GRTGaz/RICE of France and the NYSEARCH/Northeast Gas Association (NGA) for innovative Digital Mapping Solutions

NEW YORK, N.Y. /ScoopCloud/ -- UTTO Inc. partners with GRTGaz/RICE of France and the NYSEARCH/Northeast Gas Association (NGA) to develop and commercialize innovative Digital Mapping Solutions to revolutionize utility operations in U.S urban areas.

Creating and maintaining accurate digital maps for buried infrastructure is a critical function for utility companies. Enhancements in geospatial records in large cities are vital for improving productivity in construction, asset management, safety, emergency response, damage prevention, and regulatory compliance.

"The mapping industry's biggest challenge is downtown areas where large buildings obstruct the sky and block or delay satellite signals," said Alan Haddy, President UTTO Inc. "Solving the limitations of high accuracy GPS technology in urban canyon environments where satellite signals are obstructed by buildings remains a top priority."

This partnership aims to integrate GRTGaz/RICE's innovative "e-Nails" technology with UTTO's vLocate Mapper device and platform. The initiative will develop a commercially viable system to overcome the challenges of urban canyons and eliminate the need for "line of sight" GPS satellite signals.

The goal is to create a mapping system that simplifies the accurate (sub-meter) capture of buried asset locations and enables precise relocation of these facilities in the absence of GPS signals.

About UTTO Inc.:

Since 2012 UTTO have been pioneering data driven enterprise solutions that reduce damages, improve training and de-risk the locating and mapping of buried facilities. Learn more at: https://utto.com/

UTTO Inc. partners with GRTGaz/RICE of France and the NYSEARCH/Northeast Gas Association (NGA) to develop and commercialize innovative Digital Mapping Solutions to revolutionize utility operations in U.S urban areas. Creating and maintaining accurate digital maps for buried infrastructure is a critical function for utility companies.

Related link: https://utto.com/

Garden Studios Bills Tenants and Identifies Energy Waste with EnergyCAP

STATE COLLEGE, Pa. /ScoopCloud/ -- Garden Studios, an innovative film studio based in London, has transformed its utility management and billing processes by implementing EnergyCAP's leading energy management platform. This move aligns with Garden Studio's commitment to sustainability as a certified B Corporation, dedicated to responsible business practices.

Garden Studios is a dynamic, B Corp™ certified startup specializing in providing state-of-the-art facilities for film, television, commercial, and music video productions. In addition to their production services, Garden Studios offers utility reselling to their tenants, necessitating efficient and accurate energy management. To enhance this aspect of their operations, Garden Studios turned to EnergyCAP SmartAnalytics™ for real-time energy analysis.

The studio embarked on modernizing their utility billing process through the deployment of EnergyCAP SmartAnalytics (formerly known as Wattics). This robust platform has enabled Garden Studios to effectively map and monitor energy consumption, streamline billing for customers, and pinpoint areas of energy inefficiency, thereby reinforcing their sustainability objectives.

"The traditional utility management at most studios is overly manual and inefficient," explained Rich Phillips, CTO of Garden Studios. Recognizing the need for a more technologically advanced solution, Garden Studios sought to replace their outdated manual tracking and billing systems to enhance accuracy and reduce labor-intensive processes.

The transition to EnergyCAP SmartAnalytics was seamless, supported by the platform's simplicity and powerful features. "This web-hosted platform suits our tech-forward approach, reflecting my background in software development and product management," said Phillips.

EnergyCAP SmartAnalytics provides an advanced solution for data collection from utility providers, analysis, and insightful reporting, which Garden Studios leverages for customer billing. "It's a comprehensive tool that allows us to break down consumption data and generate precise bills," Phillips noted.

Garden Studios has achieved significant improvements in utility charge recovery and energy waste reduction. "By billing accurately and identifying waste, we've seen rapid savings," Phillips remarked. The platform highlights areas of excess consumption, such as unnecessary lighting left on during off-hours. The intuitive dashboards and graphs have been instrumental in achieving these results, providing clear and actionable data that drives decision-making.

About Garden Studios:

Garden Studios is a forward-thinking film studio in London, dedicated to sustainability and innovation in the creative industries. As a B Corp certified organization, they are committed to maintaining high standards of social and environmental performance, accountability, and transparency. Learn more: https://www.gardenstudios.io/.

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals. Visit https://www.energycap.com/ to learn more.

MULTIMEDIA:

VIDEO (YouTube): https://youtu.be/6q6zjZu0AUU?si=yRh-R5Exy-wxSce8

RELATED LINKS:

https://www.energycap.com/energy-monitoring-software/

Garden Studios, an innovative film studio based in London, has transformed its utility management and billing processes by implementing EnergyCAP's leading energy management platform. This move aligns with Garden Studio's commitment to sustainability as a certified B Corporation, dedicated to responsible business practices.

Related link: https://www.energycap.com/

Matrix Leads Capital Raise for G&M Oil Company

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company's ("G&M" or the "Company") syndicated debt financing.

Established in 1969, G&M Oil is one of California's largest independently owned fuel retailers with over 200 locations throughout Los Angeles, Orange, San Bernardino, Riverside, San Diego and Ventura Counties. The Company maintains successful partnerships with Chevron and ExtraMile and has been consistently lauded for its outstanding performance in their Retail Excellence programs.

Adam Sparks, General Manager of G&M commented, "We were fortunate to work with Matrix to structure and intermediate this important financing. Their experience, expertise, and objective approach were critical to securing capital on terms that were very attractive to the Company."

Matrix provided capital advisory services to G&M, which included financial modeling, assessment of optimal financing strategy, selection of capital providers, and negotiation of the transaction. The financing was managed by John Whalen, Head of Matrix's Capital Advisory Investment Banking Group; Ryan Weir, Director; and Garrett Novotny, CFA, CPA, Senior Analyst.

Scott Olson, Director of Strategy & Corporate Development of G&M stated, "The Matrix team delivered outstanding support and insight throughout the process. Their dedicated and adaptable approach, coupled with their robust execution, ensured a favorable result for all involved. Their expertise was critical to a successful outcome."

Mr. Whalen added, "We deeply value the trust G&M placed in us to guide them through this capital raise. G&M is a best-in-class operator and this transaction is a testament to the Company's strong profile. In addition to providing the Company with significant structural latitude, the new capital base will support G&M's immediate and long-term growth initiatives. We couldn't be more pleased to support G&M Oil - truly a privilege to work with them!"

About Matrix Capital Markets Group, Inc.

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions.

Our industry focused, dedicated sector advisory groups serve clients in the automotive aftermarket, downstream energy & convenience retail, healthcare and outdoor recreation & marine markets. Our broad sector advisory groups serve clients in a wide range of industries including business services, consumer, diversified industrials, restaurants and transportation & logistics.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company's ("G&M" or the "Company") syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank.

Related link: https://www.matrixcmg.com/

EnergyCAP Eco Champion Award Winners Announced

STATE COLLEGE, Pa. /ScoopCloud/ -- In the inaugural EnergyCAP Eco Champion Awards, leaders in sustainability and energy efficiency were celebrated across a diverse range of industries and use cases. All awards are based on submissions from the 2023 calendar year.

This year's awards included the following categories:

MOST SUSTAINABLE ORGANIZATION

WINNER: The University of California System has earned the distinction of being named this year's Most Sustainable Organization, a testament to its wide-ranging and strategic approach to sustainability. Across its numerous campuses, the UC system has set ambitious carbon neutrality goals, embarked on renewable energy projects, and implemented waste reduction initiatives. Its leadership role in the higher education sector for sustainability, a firm commitment to decarbonization, and detailed sustainability reporting have established a high standard for others to follow.

This commendation is further bolstered by the UC system's significant pivot from relying on carbon offsets to making a firm commitment towards the full decarbonization of its operations, a move that signals a deepened commitment to reducing its carbon footprint. Acknowledging the limitations of carbon offsets, the UC system has opted for direct action in emissions reduction across its ten campuses and five medical centers. Utilizing EnergyCAP, the UC system meticulously tracks and manages utility usage, enabling precise reporting on Scope 1 and 2 GHG emissions. This systematic and organized approach to energy data underscores the UC system's effective strategy in monitoring, analyzing, and reporting its sustainability progress systemwide.

RUNNERS UP: The University of Cincinnati, Miami-Dade County, FL, and Chesterfield County, VA.

RISING STAR: AFL Global is recognized as a rising star in sustainability.

MOST ENERGY COSTS AVOIDED

WINNER: The United States Department of State's Bureau of Overseas Buildings Operations has been honored with the "Most Energy Costs Avoided in 2023" award, a distinction that underscores its leadership in energy efficiency and cost management. This achievement is significantly attributed to Energy Manager, Jennifer (Jenna) Faupel, PE, CEM, who spearheaded the Department's Energy Analytics program. Under her guidance, the Department successfully navigated the complexities of managing energy consumption and invoices across 244 global locations, dealing with challenges such as multiple languages, currencies, vendors, and rate schedules.

Jenna's leadership in implementing the EnergyCAP system has not only facilitated the identification and realization of considerable cost savings but has also supported the Department's strategic energy management and greenhouse gas inventory efforts. Despite the daunting task of coordinating a vast and complex data set with limited resources, Jenna's focus on utility cost savings has yielded impressive results:

Total 2023 Savings Achieved: $1.3 million to date, with over $5 million in identified potential savings projects pending.

2023 Utility Agreement Modifications Resulting in Annual Cost Savings:

* $155,000 at the US Embassy Jakarta for adjusted minimum billed electricity use.

* $219,000 at the US Consulate General Karachi by shifting to a time-of-use tariff.

* $305,000 at the US Embassy N'Djamena through minimum billed demand adjustments.

* $60,000 at the US Consulate General Johannesburg, also through minimum billed demand changes.

RUNNERS UP: The University of Cincinnati and Charlotte County, FL

THE ENERGYCAP TRIFECTA AWARD

Winner: The University of Texas Medical Branch (UTMB) has distinguished itself by securing the Trifecta Award, thanks to its dual nominations and the tangible energy savings achieved using EnergyCAP's comprehensive suite of software solutions. Since adopting EnergyCAP in 2017, UTMB has effectively leveraged the software for a variety of purposes, including data collection, Bill CAPture, chargebacks, and, more recently, the integration of SmartAnalytics and CarbonHub.

One notable success story from UTMB's application of EnergyCAP SmartAnalytics involved the identification of a malfunctioning chilled water valve, which, once corrected, yielded $25,000 in savings within just a year. This instance, particularly exemplified by the improvements made in the Customs House, is just a starting point for UTMB, as they aim to extend these energy-saving practices across their facilities, demonstrating a scalable model of efficiency and sustainability.

RUNNERS UP: University of New Mexico and the University of Nebraska-Lincoln

MOST CREATIVE ENERGY PROJECT

WINNER: The University of Cincinnati was awarded the "Most Creative Energy Project" for its course, "Energy, Environment and Society," co-taught by Eugene Rutz and Sid Thatham. This innovative course educates students from all disciplines about energy technologies, policies, and practices globally through debates, tours, presentations, and a hands-on capstone project where students devise real-world energy solutions. A unique aspect is its study-abroad program in Scotland, where students compare international energy perspectives with domestic ones, gaining insights from various sectors.

The course aims to empower the next generation of leaders with a deep understanding of the complex factors influencing energy policy and sustainability. By incorporating tools like EnergyCAP UtilityManagement and EnergyCAP CarbonHub, it will enable students to analyze real energy and carbon data, fostering critical thinking and practical problem-solving skills. This recognition underscores the University of Cincinnati's commitment to preparing students to address and influence the future of energy and sustainability critically and creatively.

RUNNER UP: The Youth in Energy Empowerment Program (YEEP) followed closely as runner up with its inspiring initiatives to grow and train the next generation of sustainability professionals.

MOST CREATIVE SUSTAINABILITY Program

Winner: The Pennsylvania State University received the "Most Creative Sustainability Project" award for its nine-acre Sustainability Experience Center. This living laboratory on the University Park campus engages in sustainability across food, energy, water, and community systems. Highlight projects include the Eco-Machine, which purifies wastewater while producing biofuels, and the MorningStar Solar Home, a fully renewable-energy powered residence that exemplifies energy self-sufficiency.

BEST DASHBOARD

WINNER: The St. Johns County School District (SJCSD)'s distribution of its energy incentives through its public dashboards has earned it the "Best Public Dashboard" award.

In September 2008, the School Board adopted an innovative Energy Management Program (EMP) aimed at controlling and optimizing the cost and consumption of energy and related products across all district facilities.

Since the inception of the EMP, the footprint of SJCSD's facilities has expanded significantly; the district's gross facility footprint grew by over 35% from 4,977,748 square feet in 2008 to 6,746,702 square feet by the end of FY 2020. Despite this growth, the district has demonstrated remarkable efficiency improvements and cost savings through its energy management strategies and has publicized the data through its EnergyCAP Public Dashboard.

The SJCSD's efforts are highlighted through comprehensive dashboards that track energy, water, and sewer usage and costs across more than 40 school sites and over 180 accounts. While natural gas utility bills are currently tracked outside of the Energy Management Program, the district is actively working to integrate all commodities into its energy management system. St. Johns County SD's Utilities Overview dashboard

CONCLUSION

EnergyCAP applauds all 2023 Eco Champion Awards winners and runners-up for their dedication to pioneering sustainable practices, reducing environmental footprints, and leading by example in their communities and beyond. Their achievements are a testament to the potential of collective efforts in making a significant impact on our planet's health and future.

For more information about the awards and this year's winners, download the 2023 Eco Champions ebook: https://www.energycap.com/resource/eco-champion-awards-celebrating-2023-winners/.

Winners will receive their physical awards at the Eco Champion awards ceremony happening at EnergyCAP's annual training conference, Catalyst 2024, in Denver, Colorado.

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals. Visit https://www.energycap.com/ to learn more.

In the inaugural EnergyCAP Eco Champion Awards, leaders in sustainability and energy efficiency were celebrated across a diverse range of industries and use cases. All awards are based on submissions from the 2023 calendar year. EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions.

Related link: https://www.energycap.com/

EnergyCAP earns 2024 Environment+Energy Leader Top Product Award

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP proudly announces that it has been awarded a coveted Top Product of the Year Award in the Environment+Energy Leader Awards program. This year marks a milestone as the program divides accolades into six innovative categories, tailoring recognition to specific sustainability and energy management excellence sectors. EnergyCAP's suite of solutions, UtilityManagement™, CarbonHub™, and SmartAnalytics™, together earned a top spot in the Software & Cloud category, setting a benchmark for innovation and sustainability in its class.

For more than a decade, the Environment+Energy Leader Awards program has honored organizations whose outstanding efforts and leadership drive forward the sustainability agenda. EnergyCAP's software suite provides a powerful set of tools for customers of all sizes and across every industry to track and report on their energy usage, gain a financial grade view of their emissions, and use real-time energy and sustainability analytics, machine learning, and device monitoring to reduce CO2 emissions throughout their facilities and meet net zero goals faster, better, and while saving significant cost and resources.

EnergyCAP's innovation and commitment to constant improvement captured the attention of the Environment+Energy Leader judges' panel in a year filled with remarkable entries. The panel highlighted EnergyCAP's 40+ years of industry experience, user-friendly cloud-based platform, and centralized decision making across an organization. Feedback from the panel was unequivocal: "Evaluating EnergyCAP reveals it as a comprehensive solution for managing a wide array of energy data, including GHG emissions and utility bills. It excels in democratizing access to this information across teams, facilitating in-depth analysis and easily delivering actionable insights."

Tom Patterson, CEO of EnergyCAP, LLC echoed the panels' feedback and expressed gratitude for the award: "EnergyCAP is humbled by the recognition we've seen from a number of organizations this year, especially the Environment+Energy Leader Awards. Their thorough, unbiased evaluation aligns with what we hear from customers every day - that EnergyCAP provides actionable insights saving time, costs, and energy usage, while providing ubiquitous access as a single source of truth. There's a reason customers trust our platform to evaluate tens of thousands of their emissions records, and millions of utility bills, every year. We're thrilled to see that the panel recognized both our extensive 40-year history in the industry, and our commitment to remain cutting edge."

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals.

Visit https://www.energycap.com/ to learn more.

For media inquiries, please contact:

Amber Artrip

VP of Marketing

EnergyCAP

marketing@EnergyCAP.com

About the Environment + Energy Leader Awards:

For well over a decade now, the Environment+Energy Leader Awards program has celebrated the exceptional advancements made in the realms of environmental, sustainability, and energy management. The awards recognize those who contribute and set new standards in the industry, setting a high standard for others to follow. Winners of the awards are seen as Leaders in environmental initiatives and energy management, with their achievements serving as benchmarks for excellence across the globe.

EnergyCAP proudly announces that it has been awarded a coveted Top Product of the Year Award in the Environment+Energy Leader Awards program. This year marks a milestone as the program divides accolades into six innovative categories, tailoring recognition to specific sustainability and energy management excellence sectors. EnergyCAP's suite of solutions, UtilityManagement™, CarbonHub™, and SmartAnalytics™, together earned a top spot in the Software & Cloud category.

Related link: https://www.energycap.com/

EnergyCAP earns 2024 ENERGY STAR® Partner of the Year Award

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP is proud to announce that it has received the 2024 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency. This marks the sixth occasion that EnergyCAP has received this prestigious award, underscoring its continuous commitment to energy efficiency and management excellence.

Each year, the ENERGY STAR program honors a select group of businesses and organizations that have made outstanding contributions to energy efficiency and the transition to a clean energy economy. EnergyCAP's energy and sustainability software suite has consistently yielded significant time, cost, and energy use savings for its customers by streamlining utility bill accounting, identifying energy conservation opportunities, and simplifying reporting and compliance.

EnergyCAP's ENERGY STAR® benchmarking software interface automates energy data submittals, allowing customers to submit building data and view their ENERGY STAR scores and metrics directly in the platform. Leveraging data that's already in EnergyCAP eliminates additional analysis and double-entry into Portfolio Manager®, streamlining and simplifying submittals and results.

"This award reflects not only the efforts of EnergyCAP, but our customers' dedication to energy efficiency and best practices in building operations and maintenance," said Tom Patterson, CEO of EnergyCAP, LLC. "More than 15,000 properties were submitted to ENERGY STAR through EnergyCAP's platform last year alone. We're incredibly proud to have facilitated benchmarking for so many customers, and remain committed to helping organizations simplify, analyze, and report energy and sustainability data efficiently."

The EPA had complimentary words for EnergyCAP and other 2024 award winners. "President Biden's Investing in America agenda creates unprecedented opportunity to build a clean energy economy, and private sector partners through programs like ENERGY STAR are leading the way," said EPA Administrator Michael S. Regan. "I congratulate this year's ENERGY STAR award winners for their innovation and leadership, in delivering cost-effective energy efficient solutions that create jobs, address climate change, and contribute to a healthier environment for all."

Winners are selected from a network of thousands of ENERGY STAR partners. EnergyCAP's achievement in this category highlights its role in helping businesses and organizations significantly reduce energy costs and environmental impacts. For a complete list of 2024 winners and more information about ENERGY STAR's awards program, visit http://www.energystar.gov/awardwinners.

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals. Visit https://www.energycap.com/ to learn more.

About ENERGY STAR:

ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR's impacts can be found at http://www.energystar.gov/impacts.

EnergyCAP is proud to announce that it has received the 2024 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency. This marks the sixth occasion that EnergyCAP has received this prestigious award, underscoring its continuous commitment to energy efficiency and management excellence.

Related link: https://www.energycap.com/

Matrix Advises on the Sale of Andretti Petroleum Group to H&S Energy

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group ("Company") on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates ("H&S"). Andretti Petroleum Group is one of the largest convenience retail and fuels distribution businesses on the West Coast and Pacific Northwest, operating in northern California, Oregon and Washington.

Andretti Petroleum Group was founded in 1997 when racing icons Mario Andretti, Michael Andretti, long-time Andretti advisor John Caponigro, and Texaco executive M.J. Castelo launched a startup Texaco wholesale business in northern California. Mario Andretti had always been enamored with the fuels business after having worked at his uncle's gas station with his twin brother Aldo just three days after moving from Italy to America at the age of 15. In 1998, the nascent business developed its flagship Texaco facility in downtown San Francisco, which featured an Andretti SpeedMart convenience store, an Andretti Winning Finish car wash, a Burger King, and the first Starbucks integrated into a convenience store.

Over the next 25 years, M.J. Castelo embodied the legendary Andretti competitive spirit and grew the Company to be one of the largest convenience retail and fuels distribution businesses in the West through organic growth and a series of acquisitions. The enterprise completed its first major acquisition in 2001, when it purchased a chain of convenience stores and dealer operations in Monterey County, California. In 2005, the Company expanded further north with the acquisition of Humboldt Petroleum's 16 company-operated stores. Andretti's most transformative acquisition occurred in 2017, when it purchased Colvin Oil Company of Grants Pass, Oregon. The Colvin transaction more than doubled the size of the Company and added retail, wholesale, transportation, commercial fuels, and lubricants operations. Over the past few years, the Company continued to expand via acquisition, most notably through the acquisitions of Sheldon Oil and Stein Oil, while also rolling out a comprehensive rebranding effort through its proprietary Pinnacle 365 store brand and proprietary loyalty program. Prior to the sale, Andretti Petroleum Group consisted of nearly 170 convenience retail and fuels distribution assets in California, Oregon, and Washington.

Matrix provided merger and acquisition advisory services to the Company, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by Cedric Fortemps, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; Andrew LoPresti, CPA, CFA, Vice President; John Mickelinc, CFA, Senior Associate; and James Mickelinc, CPA, Associate.

Mr. Castelo, CEO and Managing Member of Andretti Petroleum Group, commented, "We are delighted to transact with H&S Energy as the new steward of our enterprise. Our companies share similar stories, starting with single sites, then growing into formidable players in our industry. This transaction will be a win for all stakeholders. We especially appreciate the great work of Matrix in assisting us with finding the perfect buyer and perfect transaction."

Sal Hassan, founder and CEO of H&S, stated, "We are honored to take on this great portfolio of retail sites, wholesale distributorship, cardlocks, lubricants, and transportation assets. We believe the people on both ends of this transaction, when put together, will bring great synergies and help take H&S to the next level. Working through this transaction with the help and professionalism of everyone involved made the process smooth and simple. We thank the entire group for their efforts."

Mr. Fortemps added, "M.J. and the Andretti team have built an incredible business through thoughtful, strategic growth, meticulous execution, and unparalleled passion to be the best across the entire organization. We are honored to have been chosen to advise them on the sale of the exceptionally successful business that they built and know that their successes will continue in their future endeavors---both on and off the racetrack."

John Caponigro, Hank Wineman, and Gabriella Tringali of Frasco, Caponigro, Wineman, Scheible, Hauser, and Luttmann and Otto Konrad and Kaitlin Cottle of Williams Mullen served as legal counsel for Andretti Petroleum Group.

Robert Sahyan, Michael Leake and Aaron Duffy of Sheppard Mullin, Jeffrey Reuben of Elkins Kalt, and Paula Bailey, General Counsel of H&S Energy served as legal counsel for H&S.

About H&S Energy, LLC

Based in Orange, California, H&S Energy was founded by Sal Hassan in 1996 with one gas station. Sal's vision was to have larger footprint convenience stores that offered customers a variety of snacks, hot food, fresh coffee, and the cleanest restrooms on the street. His vision grew H&S to more than 160 convenience stores under the Chevron, Texaco, Shell, and 76 fuel brands. H&S operates its convenience stores under the ExtraMile banner and under its own proprietary brand, Power Market.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements.

About Matrix Capital Markets Group, Inc.

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions.

Our industry focused, dedicated sector advisory groups serve clients in the automotive aftermarket, downstream energy & convenience retail, healthcare and outdoor recreation & marine markets. Our broad sector advisory groups serve clients in a wide range of industries including business services, consumer, diversified industrials, restaurants and transportation & logistics. For additional information or to contact our team members, please visit https://www.matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC.

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group ("Company") on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates ("H&S"). Andretti Petroleum Group is one of the largest convenience retail and fuels distribution businesses on the West Coast and Pacific Northwest, operating in northern California, Oregon and Washington.

Related link: https://www.matrixcmg.com/

Matrix Advises on the Sale of Hicks Oils’ Lubricants Business to Schaeffer Manufacturing Company

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated ("Hicks" or the "Company") on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company ("Schaeffer"). Hicks Oils is a premier independent lubricant blending and packaging business in southern Illinois that produces automotive and industrial lubricants. Schaeffer, founded in 1839 and based in St. Louis, produces and sells a broad range of synthetic motor oils, industrial lubricants, hydraulic fluids, and other related products.

Based in Du Quoin, Illinois, Hicks Oils was formed in 1978 by C. W. Hicks as a further expansion of his integrated petroleum operations, with the initial goal of providing products and services to the local coal mining industry. In 1989 upon the passing of Mr. Hicks, his grandsons Todd and Shawn Coady joined the Company and took over running the lubricants business and the family's multiple other companies. Shawn Coady currently serves as President of the business and Todd as Vice President. Throughout the 1980's and 1990's as markets changed, the business evolved and expanded to include contract packaging, private label, and company branded products. Today, Hicks Oils blends and packages motor oil, hydraulic fluid, gear lubes, transmission fluids and various specialty lubricants for distributors, major oil companies, OEMs, and after-market providers.

Matrix provided merger and acquisition advisory services to the Company, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by John Underwood, Managing Director; Vance Saunders, CPA, Managing Director; Andrew LoPresti, CPA, CFA, Vice President; Jared de Perio, Analyst.

Dr. Shawn Coady, President of Hicks said, "When I decided to sell the business, I had significant experience with Matrix from various propane market transactions and was confident they were the right company to handle the transaction. Hicks Oils is a unique business, and they did an exceptional job handling the sale. I am very pleased with Schaeffer as the buyer. I believe the strategic and cultural fit of the two companies will provide significant growth opportunities, as well as a great work environment for Hicks' employees."

Mr. Underwood added, "We have valued our relationship with Dr. Coady for many years and we were honored when he chose Matrix to sell the Hicks' lubricants blending and packaging business. We very much appreciate the trust that Shawn placed in the Matrix team and the contributions from him and his operating team during the sales process."

Bill Scott of Allen & Korkowski & Associates served as legal counsel for Hicks.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated ("Hicks" or the "Company") on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company ("Schaeffer"). Hicks Oils is a premier independent lubricant blending and packaging business in southern Illinois that produces automotive and industrial lubricants.

Related link: https://www.matrixcmg.com/

Matrix Advises on the Sale of Eastern Sierra Propane to Ferrellgas Partners, L.P.

BALTIMORE, Md. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Eastern Sierra Propane ("Eastern Sierra" or the "Company") on its sale to Ferrellgas Partners, L.P. (OTC: FGPR) ("Ferrellgas"). The Company is one of the premier propane retailers in the Eastern Sierra Nevada mountain range, serving both residential and commercial customers.

The Company was founded in 1993 in Bishop, CA by Tom Sigler and Rudy Forster. Initially, Eastern Sierra was run out of Tom Sigler's house, and propane storage was obtained by using a 12,000-gallon tank at a customer's location in exchange for installing vapor meters on his gas dryers. It soon became very clear that the Company needed a much larger space and their own propane storage. As such, the Company leased a nearby property in Bishop, CA and installed their first 30,000-gallon propane tank.

Tom Sigler subsequently acquired Rudy Forster's 50% ownership interest, and Tom along with his son, Jason Sigler who joined in 1998, have significantly grown the Company over the last two plus decades.

Matrix provided merger and acquisition advisory services to the Company, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by Sean Dooley, CFA, Managing Director; Spencer Cavalier, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group and Nate Wah, CPA, Senior Associate.

Tom Sigler, President and Shareholder of Eastern Sierra, said, "When I decided to sell my business I researched companies who had the best transaction closing results, and I found that Matrix Capital was the top firm. They were helpful by first providing me with a valuation of my business and then finding a buyer who was the best fit for my employees and customers. I am glad that I made the decision to choose Matrix for there were many challenges along the way and they were there to help. Sean Dooley and Nate Wah were more than helpful in walking me through those challenges. I would recommend Matrix to anyone who was considering selling their business."

Mr. Dooley added, "We very much appreciate the trust that Tom placed in us to advise him on the sale of the Company that he and his family worked so hard to build. It was a pleasure working with him and the Ferrellgas team on this transaction, and we wish Tom and Jason all the best in their future endeavors."

Stephen Kappos served as legal counsel for Eastern Sierra.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products. For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Eastern Sierra Propane ("Eastern Sierra" or the "Company") on its sale to Ferrellgas Partners, L.P. (OTC: FGPR) ("Ferrellgas"). The Company is one of the premier propane retailers in the Eastern Sierra Nevada mountain range, serving both residential and commercial customers.

Related link: https://www.matrixcmg.com/

Matrix Advises on the Sale of Bobby Taylor Oil Company, Inc. & T&S Transport, Inc. to Parker Oil Company

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces the successful closing on the sale of Bobby Taylor Oil Company, Inc. and T&S Transport, Inc. ("BTOC" or the "Company") to Parker Oil Company Incorporated. Based in Fayetteville, North Carolina, BTOC is a leading supplier of retail propane, commercial refined fuels, and racing gas to a diverse customer base of residential and commercial accounts throughout the state of North Carolina.

The Company was founded in August 1963 by Bobby Taylor, and at the time, operated out of Mr. Taylor's home in Fayetteville, North Carolina. During its first years of business, the Company sold fuel oil, kerosene, and gasoline to its local customer base with just one tank wagon. Seeking to further diversify its business lines, BTOC added propane and racing fuels to its product mix and further expanded its customer base throughout central North Carolina. Following his father's retirement in the early 2000's, Johnny Taylor Jr. assumed the role of President of BTOC, and along with his brothers David and Mark, led the Company through several decades of continued success and growth.

Today, the Company operates two refined fuels and propane bulk plants in Fayetteville and Elizabethtown, NC and employs over 30 dedicated associates. For the past 60 years, Bobby Taylor Oil Company has been highly regarded as a best-in-class operation providing quality fuels and reliable service to the local communities.

Johnny Taylor Jr., the Company's President commented, "Selling a business can be stressful; you will need experts in that field to help you navigate through the process. We were grateful to have Matrix handle this for us."

Matrix provided merger and acquisition advisory services to BTOC, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the transaction. The transaction was managed by John Duni, CFA, CPA, Vice President; Spencer Cavalier, CFA, ASA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; and Jared de Perio, Analyst.

Mr. Cavalier added, "While Mr. Bobby Taylor laid the foundation, Johnny and his family built BTOC into one of the most reputable refined fuels and retail propane distributors in the industry, evidenced by their organic growth and customer retention rates. We were honored to serve as their advisor."

R. Williford McCauley of Williford McCauley - Attorney at Law served as legal counsel to the Company.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces the successful closing on the sale of Bobby Taylor Oil Company, Inc. and T&S Transport, Inc. ("BTOC" or the "Company") to Parker Oil Company Incorporated. Based in Fayetteville, North Carolina, BTOC is a leading supplier of retail propane, commercial refined fuels, and racing gas to a diverse customer base of residential and commercial accounts throughout the state of North Carolina.

Related link: https://www.matrixcmg.com/

Matrix Announces the Sale of Santmyer Companies, Inc.’s Convenience Retail and Branded Dealer Wholesale Businesses

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Santmyer Companies, Inc. ("Santmyer" or the "Company") on the sale of its Red Rover convenience retail stores to Par Mar Oil Company and its branded dealer wholesale business to Countywide Petroleum Company (subsidiaries of Croton Holdings Co.). Santmyer is a leading privately-owned and family operated full-service distributor whose primary offerings include diesel, gasoline, propane, lubricants, diesel exhaust fluid and logistics services.

Santmyer was founded in 1952 when Myron Santmyer opened a Gulf service station in Dalton, OH, and became a Gulf distributor. In 1980, Terry Santmyer (Myron's son) purchased the business, which at the time was comprised of just two tank wagons and four employees. Terry began building the Company into a leading full-service petroleum marketer that today employs more than 175 Ohioans. Santmyer purchased a Marathon jobbership in 1999, and in 2012, Zach Santmyer (Terry's son) became president of the Company. Under Zach's leadership, Santmyer expanded into propane, developed the Red Rover brand, became a Chevron-branded lubricants distributor, added the Sunoco and Exxon brands to offer customers a more comprehensive slate of fuels, and leveraged technology to modernize the Company.

In 2021, Zach engaged Matrix to perform a strategic review of the Company to assess capital allocation and the return on investment between business segments. With that analysis, the Company decided to focus on the distribution of propane, commercial fuels, and lubricants. In early 2023, Santmyer purchased the commercial fuels and propane assets of Cole Distributing and made the strategic decision to divest its convenience retail and branded wholesale businesses.

Matrix provided merger and acquisition advisory services to Santmyer, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by Andrew LoPresti, CPA, CFA, Vice President; Spencer Cavalier, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; and Kyle Tipping, CFA, Senior Associate.

Zach Santmyer, President of Santmyer, stated, "We are committed to evolving and growing our Company based on our core competencies, and we engaged Matrix years ago as an advisor in that planning and evaluation process. Based on our strategic goals, we decided to divest our convenience retail and branded dealer wholesale businesses to narrow our strategic focus on commercial fuels, propane, lubricants, automated cardlocks and car washes. This transaction puts Santmyer in a great position to pursue future growth opportunities that align with these segments going forward. The Matrix team ran a very structured process that yielded an outstanding result, and I would like to thank them for the expertise and dedication they provided throughout this transaction."

Mr. Cavalier added, "We have had the honor of working with Santmyer's talented management team for years. Zach and Nate have made a series of strategic decisions to grow the Company's core distribution business. We are thankful to be their advisor."

Christopher Pycraft and Easton Saltsman of Critchfield, Critchfield & Johnston served as legal counsel for Santmyer.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Santmyer Companies, Inc. ("Santmyer" or the "Company") on the sale of its Red Rover convenience retail stores to Par Mar Oil Company and its branded dealer wholesale business to Countywide Petroleum Company (subsidiaries of Croton Holdings Co.). Santmyer is a leading privately-owned and family operated full-service distributor whose primary offerings include diesel, gasoline, propane, lubricants, diesel exhaust fluid and logistics services.

Related link: https://www.matrixcmg.com/

EnergyCAP Recognized as a Leader in Energy Management Software by Independent Research Firm

BOALSBURG, Pa. /ScoopCloud/ -- EnergyCAP, a leading provider of energy and sustainability enterprise resource planning (ERP) software, proudly announces its prestigious placement in the top right leader quadrant of the Verdantix Green Quadrant: Energy Management Software 2023. This accolade underscores EnergyCAP's commitment to delivering innovative and effective solutions in the energy & sustainability management sector.

Tom Patterson, CEO of EnergyCAP, remarked on this achievement: "Being recognized by Verdantix as a leader in energy management software is a reflection of our team's dedication and the innovative strides we have made in the industry. Our focus has always been on providing solutions that meet and exceed the evolving needs of our clients, and this recognition is a significant milestone that underscores our commitment to advancing energy management and sustainability practices globally."

The Verdantix Green Quadrant report offers a comprehensive analysis of top EMS vendors, providing a detailed, fact-based comparison. EnergyCAP distinguished itself in this rigorous analysis, which included live product demonstrations and a multifaceted evaluation process.

EnergyCAP's responses to the Verdantix questionnaire highlighted the robustness and versatility of its software solution suite.

With over 40 years of experience in energy & utility bill management, EnergyCAP has significantly broadened its product offering following a private equity acquisition in 2021. The company acquired energy management and monitoring provider Wattics in 2022 and launched our financial grade greenhouse gas (GHG) accounting solution, EnergyCAP CarbonHub, in 2023. The suite of solutions - EnergyCAP SmartAnalytics (formerly Wattics), EnergyCAP UtilityManagement, and EnergyCAP CarbonHub - integrate seamlessly to manage energy, cost, and carbon data from the portfolio level down to the asset and device level in a single platform.

EnergyCAP excels in all six functionalities assessed by Verdantix, earning a score above 1.0 in each category. EnergyCAP UtilityManagement is particularly noteworthy, scoring a 2.0 due to advanced automated bill processing, direct utility provider connections, and an intuitive interface for bill and contract visualization. The interaction between EnergyCAP SmartAnalytics and EnergyCAP UtilityManagement offers bill validation and enables energy and cost predictions through a cross-package machine learning algorithm. EnergyCAP also achieves a high score for carbon management, with comprehensive carbon accounting and reporting functionality, supported by a global catalogue of emissions factors.

"EnergyCAP's integration of utility bill data management, real-time energy intelligence, and finance grade carbon accounting into a single platform demonstrates a comprehensive approach to energy, cost, and sustainability data management. These features make it well-suited to address the diverse and evolving needs of energy and sustainability professionals," said Harry Wilson of Verdantix.

"Our placement in the Verdantix Green Quadrant is a reflection of our commitment to excellence and our mission of helping customers better manage their finite resources to create a more sustainable world," added Tom Patterson.

You can download the report from Verdantix here: https://www.verdantix.com/report/green-quadrant-energy-management-software-2023

For more information about EnergyCAP and our suite of energy and sustainability solutions, please visit https://www.energycap.com/.

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP), empowering customers with full control and understanding of their energy & sustainability data to reduce their carbon footprint and drive savings. For over forty years, thousands of public and private institutions have been using EnergyCAP to streamline accounting processes, reduce resource consumption, and identify opportunities for sustainable operations. EnergyCAP helps customers who are drowning in paper bills, manual processes, and cumbersome spreadsheets and enables them to execute, analyze, and report on the energy and decarbonization projects needed to create a more sustainable world. Visit Energycap.com to learn more.

EnergyCAP, a leading provider of energy and sustainability enterprise resource planning (ERP) software, proudly announces its prestigious placement in the top right leader quadrant of the Verdantix Green Quadrant: Energy Management Software 2023. This accolade underscores EnergyCAP's commitment to delivering innovative and effective solutions in the energy & sustainability management sector.

Related link: https://www.energycap.com/

Matrix Announces the Successful Sale of Coborn’s, Inc.’s Holiday Franchised Fuel and Convenience Stores

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Coborn's, Inc. ("Coborn's" or the "Company") on the sale of its 14 Holiday franchised fuel and convenience stores and one developmental site to Holiday Stationstores, LLC.

St. Cloud, Minnesota based Coborn's is a 102-year-old, employee-owned grocery retailer with nearly 10,000 employees and 77 grocery stores across Minnesota, North Dakota, South Dakota, Wisconsin, Michigan and Illinois under the banners Coborn's, Cash Wise Foods, Hornbacher's, Tadych's Marketplace Foods and Sullivan's Foods. Coborn's entered the convenience store business in 1986 with its Little Dukes branded convenience stores and converted 14 locations to Holiday franchised stores in 2006. Coborn's operates several fuel, liquor and pharmacy locations as well. To support its 200 various retail business units, Coborn's also operates its own central bakery, dry cleaning facility and grocery distribution center.

Coborn's was founded in 1921 by Chester A. Coborn who opened a one-room produce store in Sauk Rapids, Minnesota. Chris Coborn, a fourth-generation family member, is the current CEO and Chairman of the Board and his daughter Emily Coborn Wright, Vice President of Retail Support Services, and his son Peter Coborn, Director of Liquor Operations, are fifth-generation family members in leaderships roles.

Matrix provided merger and acquisition advisory services to Coborn's, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by Spencer Cavalier, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; John Underwood, Managing Director; Nate Wah, CPA, Senior Associate; and G. Reilly Erhardt, CPA, Analyst.

Chris Coborn, CEO of Coborn's stated, "We are very pleased with the assistance Matrix provided in divesting our Holiday franchised fuel and convenience stores. This is part of Coborn's overall strategy to focus our growth efforts on the grocery store market. Matrix's efforts have led to the successful sale of our Holiday franchise stores to our long-term franchisor partner, Holiday. The transaction provides continuity to our store employees and customers, as the stores will remain Holiday branded and continue to accept the Coborn's MORE Rewards program. Matrix did an excellent job at meeting our strategic objectives in the sale."

Mr. Underwood added, "Chris and his team have done a tremendous job growing the Coborn's family business. The family legacy is incredibly impressive with what they have achieved over the last century since the Company's founding. I am very pleased that Matrix was able to contribute to Coborn's future growth by selling the Holiday franchised stores to allow for more capital deployment for Coborn's strategic growth initiatives."

Robert A. Rosenbaum and Morgan A. Helme of Dorsey & Whitney LLP served as external legal counsel for Coborn's, Inc.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Coborn's, Inc. ("Coborn's" or the "Company") on the sale of its 14 Holiday franchised fuel and convenience stores and one developmental site to Holiday Stationstores, LLC.

Related link: https://www.matrixcmg.com/

Matrix Announces the Successful Sale of Springer Eubank Company, Inc.

RICHMOND, Va. /ScoopCloud/ -- RICHMOND, Va. and BALTIMORE, Md., Nov. 2, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Wilmington, NC-based Springer Eubank Company, Inc. and its affiliates ("Springer Eubank" or the "Company") on the sale of the Company's assets including the travel center & convenience & gas division ("TC&G Division") and its delivered fuels and fuel transport divisions to an affiliate of Petroleum Marketing Group, Inc.

The origin of Springer Eubank dates back to the 1800's when Springer Coal and Eubank Oil began marketing petroleum products in the coastal Carolinas. In 1976, they merged to form Springer Eubank Oil Company, and in 2004 was acquired by W. Cecil Worsley, III and became Springer Eubank Company, Inc. Greta Stanley, Springer Eubank's Executive Vice President had previously worked with Mr. Worsley since 2005 at Worsley Companies (Scotchman Stores), and she later joined Springer Eubank in 2008 when the company sold. At the time of the sale of Worsley Companies, Springer Eubank was a sister wholesale fuel company that was retained by Mr. Worsley.

Springer Eubank's TC&G Division is comprised of nine company-operated convenience stores, one travel center, one cardlock, six dealer/agent operated sites and one greenfield landbank site located in the greater Wilmington, NC area, as well as eastern South Carolina. The convenience stores operate under the locally well-known "Phoenix Mart" banner, while the travel center is branded "Phoenix Travel Center." The stores market major fuel brands including Amoco, Exxon and Sunoco and three locations feature the Company's proprietary "Coastal Fuels" gasoline and diesel. Three locations offer QSR foodservice, including two Subways and one Jimmy Johns.

The delivered fuels segment operates out of the Company's bulk plant located near the port of Wilmington and distributes diesel, gasoline and kerosene to a variety of commercial and marine customers. Springer Eubank's fuel transport division supports both the TC&G and delivered fuels divisions and consists of a fleet of nine transports.

Matrix provided merger and acquisition advisory services to Springer Eubank, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the transaction. The transaction was managed by David Corbett, CFA, Director; Spencer Cavalier, CFA, ASA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; John Mickelinc, CFA, Senior Associate and Alexander Rakos, Senior Analyst.

Mr. Worsley commented, "I have known the Matrix team for many years and was aware of the outstanding reputation that they have in the industry. Their knowledge of the market and skill in executing a highly effective M&A process made them the clear choice when deciding who to hire as an advisor. Matrix was instrumental in achieving my goals for the sale of Springer Eubank."

Mr. Corbett added, "Cecil and the Worsley family have been well-respected in the industry for many years. Cecil has built Springer Eubank into one of the leading petroleum marketers in Wilmington and the surrounding areas. We were honored to represent him in the sale of the Company as he transitions his focus to his other entrepreneurial ventures."

Stephen Diab, Berry Trice and Lauren Williams of Murchison, Taylor & Gibson, PLLC served as legal counsel for Springer Eubank Company, Inc.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals, car washes and quick service restaurants. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 300 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Wilmington, NC-based Springer Eubank Company, Inc. and its affiliates ("Springer Eubank" or the "Company") on the sale of the Company's assets including the travel center & convenience & gas division ("TC&G Division") and its delivered fuels and fuel transport divisions to an affiliate of Petroleum Marketing Group, Inc.

Related link: https://www.matrixcmg.com/

FMTC Safety Accelerates US Market Expansion with M&A Safety Services becoming part of the family

HOUMA, La. /ScoopCloud/ -- FMTC Safety, a leading provider of comprehensive safety training solutions, is pleased to announce its acquisition of M&A Safety Services, a respected safety training company with two training locations in Louisiana: Lafayette and Houma. The acquisition enhances FMTC's course capability in the Offshore, Wind, Maritime, and Industry sectors and solidifies its position as the largest player in the USA safety training market.

Management

Bryan Aucoin of M&A will serve as the CEO of the USA Operations for FMTC Safety. M&A's Travis Martin will act as the COO and Don Romero as the CCO. Bryan Aucoin, CEO M&A Safety Services: "By becoming part of the FMTC family, we now have an opportunity to compete on a global scale, and our team will be an important part of the future growth initiatives for the USA Operations." Kaylab Verdin, FMTC's current center manager will lead the integration of both companies in the USA.

Team

Employees from both organizations will be retained, ensuring a smooth integration and preserving the exceptional service levels that clients have come to expect. "We are excited to join forces with FMTC and combine our expertise to deliver the best safety training services in the industry," said Bryan Aucoin, CEO of M&A Safety Services. "Our shared vision and commitment to excellence will ensure a seamless transition and continued success," added Kaylab Verdin, Center Manager of FMTC Houma. In order to leverage the strength of both brands, both FMTC Safety and M&A Safety Services brand names will be utilized in the market.

Continuous expansion

FMTC Safety is actively exploring opportunities to open additional training centers across the United States. This expansion may be realized through partnerships with esteemed institutions such as colleges, universities, and other educational entities, further strengthening the company's commitment to providing accessible and comprehensive safety training across the country. Additionally, FMTC Safety will be introducing new training programs, particularly in the renewables sector, such as Global Wind Organization (GWO) courses, and will start offering courses for the maritime industry (STCW) shortly.

About FMTC Safety:

FMTC Safety was founded in 2014 and has a market leading position throughout Europe. They have played an important role in the global market since expanding its operations in recent years into France, Belgium and Saudi Arabia. With the acquisition of M&A, FMTC will now operate 13 training centers/offices as well as a strong digital platform that includes advanced learning solutions for its clients. FMTC operates locations in the Netherlands, France, Belgium, Saudi Arabia, and USA.

FMTC's unique selling point is its client-based approach. The client always decides when they want to train and where the training will take place. In January, Benelux investor Smile Invest acquired a majority stake in FMTC.

About M&A Safety Services:

M&A Safety Services was founded in 2016 by Bryan Aucoin, Travis Martin, and Don Romero and has established itself as a leader for safety and survival training in the Gulf Coast region. M&A is currently headquartered in New Iberia, LA and has full-service training centers located in Youngsville and Gray, Louisiana. M&A is committed to lead the training industry and believes that absolute customer service is essential to our success, and we recognize that our customers are in complete control. Our role is to provide quality training and excellent customer service at a value that maximizes their safety investment.

For more information, please visit: https://fmtcsafety.com/us/training-location-fmtc-houma/

FMTC Safety, a leading provider of comprehensive safety training solutions, is pleased to announce its acquisition of M&A Safety Services, a respected safety training company with two training locations in Louisiana: Lafayette and Houma. The acquisition enhances FMTC's course capability in the Offshore, Wind, Maritime, and Industry sectors and solidifies its position as the largest player in the USA safety training market.

Related link: https://fmtcsafety.com/

New Jersey Utility Providers select EnergyCAP to Help Customers Meet Clean Energy Act of 2018 Benchmarking Requirements

STATE COLLEGE, Pa. /ScoopCloud/ -- In a significant stride towards New Jersey's commitment to sustainable energy practices, multiple utility providers have selected EnergyCAP Utility Company Platform™ as their software solution for compliance with the Clean Energy Act of 2018 for building owners throughout the state.

The Clean Energy Act of 2018 mandates owners and operators of commercial buildings exceeding 25,000 square feet benchmark their energy and water consumption using the Department of Energy's ENERGY STAR Portfolio Manager®. EnergyCAP's forty-year history in energy and sustainability management excellence lays the groundwork for EnergyCAP Utility Company Platform™, a solution thoughtfully designed for utility companies to better serve their commercial customers and seamlessly meet evolving governmental reporting requirements and mandates.

EnergyCAP Utility Company Platform™ helps utility companies manage data requests, aggregate building-level utility data, validate tenant data releases, and seamlessly integrate with ENERGY STAR Portfolio Manager®. It's an all-in-one solution designed to streamline energy compliance and data management for commercial customers. EnergyCAP's Utility Company PlatformTM offers an array of functionalities to address the requirements outlined by the New Jersey Board of Public Utilities (BPU) and the Clean Energy Act. Most notably:

* Streamlined compliance with the BPU Benchmarking Requirements

* Quick aggregation of meter billing data, putting building owners in compliance with NJ's 4/50 Rule

* Easily manage Tenant Data Requests with self-service tools and tenant data release processes.

* Seamless ENERGY STAR Portfolio Manager® Integration and data submission

"The New Jersey Clean Energy Act of 2018 sets a bold vision for the future of energy in New Jersey," says Tom Patterson, EnergyCAP CEO. "We are proud to be working with innovative utilities to empower their commercial clients and build a more efficient and sustainable energy future for the state. Our platform not only simplifies the compliance process but also underscores the commitment of New Jersey's utility community to leading green energy initiatives "

For more information on how EnergyCAP is helping utilities in New Jersey and elsewhere serve their customers, visit: https://www.energycap.com/industries/utility-vendors/

Or, contact us here: https://www.energycap.com/contact/

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals. Visit EnergyCAP.com to learn more.

In a significant stride towards New Jersey's commitment to sustainable energy practices, multiple utility providers have selected EnergyCAP Utility Company Platform™ as their software solution for compliance with the Clean Energy Act of 2018 for building owners throughout the state.

Related link: https://www.energycap.com/

Matrix Announces the Successful Sale of Mystic Oil Company, Inc.

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Mystic Oil Company, Inc. and its affiliates ("Mystic Oil" or the "Company") on its sale to Petroleum Marketing Group, Inc. The Company sells fuels on a consignment and wholesale basis to approximately 150 Gulf, Citgo, ExxonMobil, Shell and unbranded customers in Connecticut, Massachusetts, Rhode Island, New York and Vermont.

Mystic Oil was founded in 1956 by Aaron Agrin and is a fourth-generation, family-owned and operated business with deep roots in Mystic, Connecticut. During its first few decades, the Company expanded its fuels offerings by becoming a top distributor of leading fuels brands such as ExxonMobil and Gulf while also developing a chain of company operated convenience stores. In 2008, Mystic Oil divested its company operated convenience store business and transitioned its focus to the wholesale fuels business. Peter Zelken became President of Mystic Oil in 2017 and acquired the Company from his father, Scott Zelken, that same year. Since that time, under Peter's leadership, Mystic has grown significantly and has become one of the leading fuels distributors in New England.

Matrix provided merger and acquisition advisory services to Mystic Oil, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by Cedric Fortemps, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; and Michael Tucker, CFA, Associate.

Peter Zelken, President of Mystic Oil, stated, "Matrix demonstrated an extraordinary understanding of the downstream petroleum business. They were patient, diplomatic, intelligent and trustworthy. It's not easy handing the keys to a multigenerational family business to just anyone. My sincere thanks to Cedric Fortemps and Mike Tucker on a job well executed from start to finish."

Mr. Fortemps added, "Peter has done a tremendous job growing Mystic Oil and making it a very attractive wholesale fuels business for any fuels company trying to establish a presence or grow in New England. We were honored to have been chosen by him to advise on finding the best transaction partner and steward for his exceptional fourth-generation business."

Otto Konrad and Kaitlin Cottle of Williams Mullen served as legal counsel for Mystic Oil Company, Inc.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals and car washes. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 290 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Mystic Oil Company, Inc. and its affiliates ("Mystic Oil" or the "Company") on its sale to Petroleum Marketing Group, Inc. The Company sells fuels on a consignment and wholesale basis to approximately 150 Gulf, Citgo, ExxonMobil, Shell and unbranded customers in Connecticut, Massachusetts, Rhode Island, New York and Vermont.

Related link: https://www.matrixcmg.com/

Matrix Announces the Successful Sale of H.A. Mapes, Inc.

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised H.A. Mapes, Inc. ("H.A. Mapes" or the "Company") on its sale to Nouria Energy Retail, Inc., a subsidiary of Nouria Energy Corporation ("Nouria"). While H.A. Mapes is known throughout New England as a leading petroleum distributor, the Company in recent years had expanded into convenience retail operations through acquisitions, new-to-industry builds, and major store remodels. Prior to the sale, the Company owned 13 retail locations and sold fuel on a wholesale basis to approximately 80 customers.

H.A. Mapes is a third-generation, family owned and operated business with roots in Springvale, Maine. The Company was founded in 1936 by Harry Allen Mapes as a small heating oil provider servicing customers in Springvale. In 1950, Harry's son, Harry Allen Mapes, Jr. joined the business and helped the Company expand its reach throughout Southern Maine. For its first 40 years, H.A. Mapes focused on expanding its heating oil business throughout southern Maine. In 1982, Jonathan Mapes formally joined the third-generation family business. Under Jonathan's guidance, H.A. Mapes transitioned from distributing heating oil to motor fuels and became one of the largest distributors in Maine. In 2018, Jonathan began building out the Company's convenience retail offerings, and in 2022 he unified each company-operated store with the launch of the Harry's proprietary brand.

Matrix provided merger and acquisition advisory services to H.A. Mapes, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the sale. The transaction was managed by Spencer Cavalier, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; Andrew LoPresti, CPA, CFA, Vice President; and Kyle Tipping, CFA, Senior Associate.

Jonathan Mapes, President of H.A. Mapes, stated, "In 2019 Matrix identified our deficiencies from a buyer's perspective via their detailed evaluation. Our team immediately embarked on a new approach to market. We asked Matrix to re-evaluate in 2022 whereupon the decision to 'go to market' was made. I would recommend this two-step process to anyone considering the anguishing decision to sell as it can improve value considerably. Transitioning out of the essential petroleum business has been an emotional yet a timely decision that Matrix facilitated professionally."

Mr. Cavalier added, "We have enjoyed working with Jonathan and his talented team, including Steve McGrath, over the last several years providing valuation, strategic and transaction advisory services. Jonathan's family and employees built one of the premier petroleum marketing and convenience retailing businesses in New England, and it was an honor to be their advisor."

Michael Quinlan of Jensen Baird served as legal counsel for H.A. Mapes, Inc.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals and car washes. Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 290 engagements with a total transaction value of more than $15 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC.

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised H.A. Mapes, Inc. ("H.A. Mapes" or the "Company") on its sale to Nouria Energy Retail, Inc., a subsidiary of Nouria Energy Corporation ("Nouria").

Related link: https://www.matrixcmg.com/

Revolutionizing the Solar Landscape: Home Solar Simplified Takes a Stand Against Misleading Ads and Industry Instability

SAN FERNANDO, Calif. /ScoopCloud/ -- Home Solar Simplified, a trailblazing force in the solar sector, emerges as a beacon of innovation under the guidance of Solar Consultant Freddie Avila, H.I.S. License 145325 SP. Nestled in the vibrant heart of San Fernando Valley, Home Solar Simplified is rewriting the narrative of solar energy, emphasizing education, transparency, and unwavering dedication.

Freddie Avila's steadfast resolve is a direct response to the concerning proliferation of misleading solar advertisements that often lead homeowners astray.

"We've witnessed an influx of deceptive 'zero down' installations, often tied to leases or Power Purchase Agreements (PPAs), leaving homeowners uninformed about the true consequences," shares Freddie Avila. "Home Solar Simplified is a guiding light, offering authentic insights to empower homeowners."

The focus is to get you away from paying the electricity companies, so why would you enter into another 25-to-30-year contract? There are other options, Cash, 12 month - 21-month 0% intro APR, 21 months from account opening, low interest credit union loans, P.A.C.E. and HELOC.

The foundation of Home Solar Simplified is fortified by a striking statistic: Just in the United States, hundreds of solar companies have filed for bankruptcy due to various reasons, including poor-quality service, mismanagement of funding, and inadequate branding and marketing efforts, since 2016. Freddie Avila stands resolutely as a pillar of stability, determined to usher in a new era of reliable solar solutions. "Home Solar Simplified is a response to the industry's turbulent landscape, providing a dependable haven for homeowners seeking true partnership and support."

Guided by meticulous research and a commitment to enduring transformation, Freddie Avila authored a comprehensive book that encapsulates his wisdom and experience. Home Solar Simplified - "The Solar Business Blueprint: Simplified Strategies for Running a Profitable Home Solar Company" (ISBN: 979-8854500227) delves into essential business and community culture aspects that ensure the survival and prosperity of solar companies in a constantly evolving market. The book, available on Amazon, stands as a testament to Freddie Avila's unwavering dedication to industry growth.

Home Solar Simplified's commitment to innovation extends further. An advanced app, currently in completion stages, will offer homeowners four distinct communication options to seamlessly connect with Freddie Avila throughout the solar process and beyond. This cutting-edge platform elevates the homeowner's experience, providing personalized support and guidance at every stage of the solar journey.

Freddie Avila is not just a consultant; he is a solar advocate who demonstrates how to recoup your solar investment in under 10 years and circumvent the pitfalls of lengthy leases that can complicate home sales. With Home Solar Simplified, homeowners can confidently embrace a future powered by sustainable energy.

Combating Deceptive Practices:

Home Solar Simplified is at the forefront of combating misleading marketing tactics. Guided by Freddie Avila, homeowners navigate the solar landscape with clarity, distinguishing between leases, PPAs, and ownership-driven installations.

A Sanctuary of Trust:

Home Solar Simplified's exclusive partnerships with reputable solar companies shield homeowners from volatility. Freddie Avila ensures that the installation process is managed by seasoned experts, mitigating the risk of sudden closures.

Empowerment through Knowledge:

Empowerment through knowledge is the cornerstone of Home Solar Simplified. The platform serves as an educational haven, featuring videos, podcasts, and articles that enlighten homeowners on the solar journey, driven by Freddie Avila's commitment to transparency.

Tailored Guidance:

Home Solar Simplified extends personalized support via an innovative app, Zoom consultations, and a user-friendly contact form. Freddie Avila's approach guarantees homeowners receive thoughtfully curated proposals tailored to their individual needs.

Building Resilient Communities:

Freddie Avila's vision extends beyond individual interactions. Homeowners unite on Nextdoor, forming a community dedicated to sustainable living and ethical solar choices.

Addressing Trust Issues:

Notably, Freddie Avila addresses a critical concern-some solar dealers' partner with installers marred by abysmal Google Reviews and BBB complaints. Home Solar Simplified dispels doubts by fostering relationships only with reputable companies, ensuring homeowners' confidence.

For media inquiries, please contact:

Freddie Avila

Phone: 310.940.8886

Email: media@hssimplified.com

Website: https://homesolarsimplified.com/

Freddie Avila's commitment to advancing the industry shines through "The Solar Business Blueprint: Simplified Strategies for Operating a Profitable Home Solar Company." Join the movement with Home Solar Simplified and embark on a transformative solar journey.

Home Solar Simplified, a trailblazing force in the solar sector, emerges as a beacon of innovation under the guidance of Solar Consultant Freddie Avila, H.I.S. License 145325 SP. Nestled in the vibrant heart of San Fernando Valley, Home Solar Simplified is rewriting the narrative of solar energy, emphasizing education, transparency, and unwavering dedication.

Related link: https://homesolarsimplified.com/

Walker Reid Strategies, Inc. announces the launch of a new division providing outsourcing engineering services

BOCA RATON, Fla. /ScoopCloud/ -- Walker Reid Strategies, Inc. is proud to announce the launch of a new division that provides outsourcing engineering services. The division will support MEP firms, architects, engineers, ESCOS, and LEED professionals by supplementing labor shortages and reducing costs through energy modeling, BIM, and code compliance services.

Ruben Abreu P.E. CEM, GBE, VP of the Engineering Division at Walker Reid Strategies, Inc., stated, "Walker Reid has a strong history of utilizing technology, AI, and bots to help CPA firms and specialty tax firms with their energy tax incentive work. We are excited to bring our expertise to a new market and help our clients meet their engineering needs."

With this new division, Walker Reid Strategies, Inc. continues to demonstrate its commitment to leveraging technology and innovation to meet the needs of its clients.

For more information about Walker Reid Strategies, Inc., please visit: https://wrsengineering.com/

Walker Reid Strategies, Inc., 1225 Broken Sound Parkway, Suite C, Boca Raton, FL 33487; 800-662-1793; info@walkerreid.com.

Walker Reid Strategies, Inc. is proud to announce the launch of a new division that provides outsourcing engineering services. The division will support MEP firms, architects, engineers, ESCOS, and LEED professionals by supplementing labor shortages and reducing costs through energy modeling, BIM, and code compliance services.

Related link: https://www.walkerreid.com/

GridBright partners with WindSim Power Inc. to implement next-generation Dynamic Line Rating (DLR) solutions at Avangrid, demonstrating approaches for FERC 881 compliance

SAN FRANCISCO, Calif. /ScoopCloud/ -- Every US transmission owner is looking for the best approach to implement FERC 881 by July 2025. GridBright, WindSim Power, and Avangrid are partnering to implement WindSim Power's non-contact, advanced transmission line monitoring system to increase resiliency and reliability, reduce grid congestion, and provide real-time data that could aid in more renewable energy resources into the New York State electrical grid and validate it as an option for FERC 881 compliance.

The project, funded by New York State Energy Research and Development Authority (NYSERDA) Future Grid Program, implements WindSim's Power Line Solution, which was co-developed with Idaho National Laboratory (INL) with support from the U.S. Department of Energy Wind Energy Technologies Office (WETO).

"We are honored to be a part of this initiative and look forward to working with Avangrid to support New York State's ambitious renewable energy goals," said Donna Rennemo, Co-Founder and CEO of WindSim Power.

GridBright® will integrate the WindSim Power system into the Avangrid operations environment, complete a cost-benefit analysis for regulatory support, and support the overall project and cyber security management. "DLR technology, fully integrated into a utility's operations, is a key element to realizing our national renewable objectives," noted Ali Vojdani, CEO of GridBright®." He added, "In that regard, the WindSim Power approach is a promising option for meeting FERC 881 requirements."

"Building a greener tomorrow requires critical investments in transmission and distribution infrastructure," said Pedro Azagra, Avangrid CEO. "This pilot project with WindSim Power is just one example of how we're working to modernize the grid and enhance reliability and resiliency across our service areas for our customers. We're excited to move forward with this project, which will play a vital role in New York's path to a carbon-neutral economy."

The project will span thirty-six months, Deployment of weather telemetry will be completed by project partner Vaisala.

About GridBright®:

GridBright® specializes in secure and sustainable grid systems integration. We provide comprehensive utility systems strategy consulting, business case development, procurement support, system implementation and integration services, software solutions, and renewable integration consulting. Our capabilities span all domains of information and operations technologies and systems deployed in utilities across the United States.

More information: https://www.gridbright.com/.

About WindSim Power:

WindSim Power Inc. is a corporation organized under Delaware, USA's laws.

WindSim Power is a provider of high-performance Dynamic Line Rating (DLR) software and consulting services for power utility operators aiming to increase transmission capacity of existing power lines. WindSim Power Line (WPL) solution measures environmental conditions, providing full visibility of transmission line conditions for a real-time overview of true capacity.

More Information: https://windsimpower.com/.

Trademarks:

GridBright, Vaisala, WindSim Power, Avangrid

RELATED LINKS:

https://www.vaisala.com/en

Every US transmission owner is looking for the best approach to implement FERC 881 by July 2025. GridBright, WindSim Power, and Avangrid are partnering to implement WindSim Power's non-contact, advanced transmission line monitoring system to increase resiliency and reliability, reduce grid congestion, and provide real-time data that could aid in more renewable energy resources into the New York State electrical grid and validate it as an option for FERC 881 compliance.

Related link: https://www.gridbright.com/

Sustainable Organizations Embrace EnergyCAP’s Complete Suite of Energy and Sustainability ERP Solutions

STATE COLLEGE, Pa. /ScoopCloud/ -- EnergyCAP, a renowned provider of energy and sustainability enterprise resource planning (ERP) solutions, proudly announces The University of Texas Medical Branch (UTMB) and The University of New Mexico (UNM) have adopted EnergyCAP's newest solutions: CarbonHub and Wattics, making them the first customers to embrace EnergyCAP's complete solution suite. UTMB, an EnergyCAP customer of 10+ years, and UNM, an EnergyCAP customer of 15 years, are elevating their energy efficiency and sustainability aspirations by embracing Wattics and CarbonHub.

EnergyCAP's Energy & Sustainability ERP Solution Suite:

* EnergyCAP - Portfolio-level energy management and utility bill accounting

* Wattics - Real-time energy analytics at the building and device levels

* CarbonHub - Financial- grade carbon accounting and sustainability reporting

Jason Strauss, President and CEO of Lobo Energy shared that, "Lobo Energy Incorporated is thrilled to support the University of New Mexico's adoption of EnergyCAP's complete suite of solutions. Access to real-time energy and financial-grade carbon data is critical to advancing their decarbonization efforts. This decision underscores the University's dedication and commitment to environmental stewardship."

Since partnering with EnergyCAP in 2008, UNM has been able to avoid costs totaling $139.9 million and decrease their energy consumption by an impressive 22.1%.

Read more about UNM's success with EnergyCAP here - https://www.energycap.com/success-stories/university-of-new-mexico/

Strauss explained that, "Since we have seen the benefits of our streamlined process for data integration with EnergyCAP for our utility data, we wanted to streamline the carbon data process the same way."

By adopting CarbonHub, UNM will be able to accurately track their greenhouse gas emissions and comply with the ever-increasing number of regulations. EnergyCAP's out-of-the-box reports provide data in digestible formats that serve as "a roadmap for a decision matrix for carbon neutrality. [With EnergyCAP] we are allowing the data to help drive the process," says Strauss.

The Energy Management team at UTMB is constantly on the lookout for areas of inefficiencies in energy usage, with the goal of minimizing energy expenses. Quick identification of potential problems is key to achieving this goal. Wattics's offers an unparalleled solution for monitoring and predicting energy consumption in real time.

"We are currently using a large spreadsheet to track our energy savings initiatives and calculate associated savings. Wattics will allow us to calculate the savings with a click of the button using the Operations Analyzer tool. This will save our engineers time that they can then reinvest into finding more energy savings opportunities," says Sean Finegan, Business Operations Manager at The University of Texas Medical Branch.

By using EnergyCAP, UTMB was promptly able to identify anomalies in energy consumption for a specific building on their campus. With a few adjustments to lines of code, instantaneous electric savings were achieved, leading to a quick win of $26,000 in cost avoidance. The precise implementation month and subsequent reduction in energy consumption are clearly visible in EnergyCAP's reporting visuals shown below. Thanks to their prior success with EnergyCAP, UTMB has been able to expand their investments into complementary solutions.

"The adoption of CarbonHub and Wattics will bolster our ongoing efforts in enhancing energy efficiency within our buildings," states Finegan. "Building upon the great progress we have achieved with EnergyCAP, these new solutions will further accelerate our sustainability journey. We recognize the importance of continuous improvement, and by adopting the full suite of EnergyCAP's Energy and Sustainability ERP solutions, we are poised to achieve even greater strides in reducing our environmental footprint."

EnergyCAP remains committed to empowering organizations like UTMB and UNM with advanced solutions that drive efficiency, cost savings, and sustainability excellence. Through its suite of comprehensive solutions, EnergyCAP continues to be a trusted partner in transforming the way organizations manage and optimize their energy resources.

About EnergyCAP:

EnergyCAP is a leading provider of energy and sustainability enterprise resource planning (ERP) solutions. With a proven track record of delivering exceptional value and results for over forty years, EnergyCAP helps thousands of public and private organizations optimize energy consumption, reduce costs, and enhance sustainability efforts. By providing robust data collection, analysis, and reporting capabilities, EnergyCAP empowers organizations to make informed decisions and achieve their energy management and sustainability goals.

Visit https://www.energycap.com/ to learn more.

EnergyCAP, a renowned provider of energy and sustainability enterprise resource planning (ERP) solutions, proudly announces The University of Texas Medical Branch (UTMB) and The University of New Mexico (UNM) have adopted EnergyCAP's newest solutions: CarbonHub and Wattics, making them the first customers to embrace EnergyCAP's complete solution suite.

Related link: https://www.energycap.com/

GPRS Cuts Ribbon on New Headquarters

MAUMEE, Ohio /ScoopCloud/ -- The new home of Ground Penetrating Radar Systems, LLC (GPRS) is officially open for business. On Tuesday, the national firm celebrated the opening of its new corporate headquarters located at 1901 Indian Wood Circle in Maumee, Ohio.

Formerly a Paramount Health Care building, the approximately 60,000-square-foot facility overwent an extensive renovation to transform it into a state-of-the-art headquarters for GPRS' corporate operations.

The company was previously headquartered in Sylvania Township but required a larger space due to the continued growth of their workforce. GPRS' new headquarters is approximately three times the size of their previous building.

"It feels so good to get the team all under one roof - one really nice roof," said Jason Schaff, Senior Vice President of Customer Service and Marketing at GPRS. "The growth at GPRS has been consistent for over 20 years - we don't plan on stopping any time soon," Schaff said. "This building represents not only our ability to grow in the future, but an expectation to do so."

One of the primary factors in GPRS' recent growth has been the ramp-up to launch the company's newest offering, SiteMap®. This digital facility infrastructure management platform offers clients the ability to easily store, share, and collaborate with their data, streamlining the lifecycle of projects and keeping them on time, on budget, and safe.

"The path to Intelligently Visualizing The Built World requires developments in technology," Schaff said. "The technology vehicle that will drive us into the future at GPRS is our new software offering called SiteMap®. This new building provides a way for GPRS to keep the team that is responsible for our back-of-house operations, as well as SiteMap®, all under one roof."

About GPRS:

Founded by Matt Aston in 2001, GPRS provides private utility locating, concrete scanning, 3D laser scanning, video pipe inspection, leak detection, and mapping and modeling services to utilities, contractors, engineering firms, and environmental consultants in every major market in the United States.

To learn more, visit https://www.gp-radar.com/.

To learn more about SiteMap®, visit https://SiteMap.com/.

MULTIMEDIA:

VIDEO (YouTube): https://youtu.be/cfYvoqBa1wE

YouTube Channel: https://www.youtube.com/@GPRSRadarDotCom

The new home of Ground Penetrating Radar Systems, LLC (GPRS) is officially open for business. On Tuesday, the national firm celebrated the opening of its new corporate headquarters located at 1901 Indian Wood Circle in Maumee, Ohio.

Related link: https://www.gp-radar.com/

Matrix Announces the Successful Sale of WTG Fuels Holdings, LLC’s Retail Motor Fuels, Convenience Retail, and Fleet Fueling Businesses

RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, today announced the successful closing on the sale of the retail motor fuels, convenience retail, and fleet fueling businesses of WTG Fuels Holdings, LLC ("WTG Fuels" or the "Company") to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO) ("GPM"). The assets sold to GPM included 24 Uncle's branded convenience stores, 68 Gascard branded cardlock sites, 43 private cardlock sites, the Company's Gascard fleet card assets, and 9 consignment and wholesale dealer accounts.

WTG Fuels, based in Midland, Texas, is a large, diversified fuels distributor and convenience retailer with operations across west Texas and southeast New Mexico. Prior to the close of the transaction, the Company's assets included a chain of high-volume convenience stores operating under its proprietary Uncle's brand, a large fleet fueling business operating under its proprietary Gascard brand, and a delivered fuels business, serving residential and commercial customers, that ranks among the largest propane distributors in the Southwest. WTG Fuels' delivered fuels business, which provides propane, refined products, and lubricants to nearly 19,000 residential and commercial customers through a network of over 70 bulk plants and warehouses, is not included in the sale to GPM and will continue to be operated by WTG Fuels post-closing.

WTG Fuels is a subsidiary of West Texas Gas ("WTG"), a leading provider of natural gas gathering, processing, transmission, and distribution services throughout Texas and Oklahoma.

Matrix provided merger and acquisition advisory services to WTG, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the transaction. The transaction was managed by Vance Saunders, CPA, Managing Director; Cedric Fortemps, CFA, Co-Head of Matrix's Downstream Energy & Convenience Retail Investment Banking Group; David Corbett, CFA, Director; John Duni, CFA, CPA, Vice President; and Michael Tucker, CFA, Associate.

John Steen, CEO of West Texas Gas, commented, "Matrix proved to be an indispensable partner and advisor to WTG on the divestiture of these assets. We appreciate all the efforts of the Matrix team over the course of this transaction."

Mr. Saunders added, "Our relationship with WTG first began back in late 2021 as we helped the Company evaluate strategic alternatives for the WTG Fuels businesses. After reviewing several options, the decision was made to divest WTG Fuels' retail motor fuels, convenience retail, and fleet fueling businesses through a carveout process to maximize the value of the Company's assets. We are grateful to WTG for entrusting us with this complex mandate."

Larry Parker, Trevor Wind, Mary Katherine McGetrick, David Allen, Nico Balbontin, and Alston Underwood of Williams Mullen served as legal counsel for WTG Fuels.

About Matrix's Downstream Energy & Convenience Retail Investment Banking Group:

Matrix's Downstream Energy & Convenience Retail Investment Banking Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience retailing, petroleum marketing & distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals and car washes.

Group members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, debt and equity capital raises, corporate valuations, special situations and strategic planning engagements. Since 1997, our Downstream Energy & Convenience Retail Investment Banking Group has successfully completed over 270 engagements with a total transaction value of more than $13 billion.

About Matrix Capital Markets Group, Inc.:

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions. Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, today announced the successful closing on the sale of the retail motor fuels, convenience retail, and fleet fueling businesses of WTG Fuels Holdings, LLC ("WTG Fuels" or the "Company") to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO) ("GPM").

Related link: https://www.matrixcmg.com/

Power Choice Texas encourages Texans to shop for a better Texas Electricity Rate, before the Summer Heat Season

DALLAS, Texas /ScoopCloud/ -- The National Oceanographic and Atmospheric Administration (NOAA) forecast and ERCOT's record peak summer power use predictions are a recipe for higher electricity bills this summer. For that reason, Power Choice Texas (PowerChoiceTexas.org) encourages Texans to shop for a better Texas Electricity Rate before the summer cooling season starts.

NOAA's 6 month weather forecast for Texas indicates a high probability of a warmer than average summer. As a result, the Texas Grid Operator, ERCOT, predicts record summer electricity usage. Both these factors mean Texas residents will likely run their AC systems longer to keep cool, resulting in higher-than-normal Texas electricity bills.

But there's some good news. Natural gas prices have dropped from record highs, cutting fuel costs to Texas generators. That means this spring is the perfect time to lock in a cheap electricity rate.

While electricity choice and increased control of your energy supplier is a good thing, the abundance of options can make it overwhelming. There are currently over 1,000 plans available from over 50 active electricity providers available in Texas. And each plan comes with different terms, rates, and promotions. If you are not well-versed in the Texas Electricity market, all these options may confuse you into choosing the wrong plan. And that could cost you serious money, especially during the summer heat.

But now, everything you need to shop for Texas electricity companies can all be found on one site. PowerChoiceTexas.org provides side by side comparisons of providers, as well as their plans and rates. Our team is continuously monitoring the market to find plans with the best rates, which they then showcase right at the top of the page in the Preferred Section.

Plus, the site provides Texas shoppers additional resources that include Credit Score, EFL (Energy Facts Label), Usage and Utility Fees, Texas Solar, and Green Energy Buyers' Guides. With extreme summer heat likely, these resources can really help Texas residents use their power to choose the best Electricity rate.

Learn more at: https://www.powerchoicetexas.org/

The National Oceanographic and Atmospheric Administration (NOAA) forecast and ERCOT's record peak summer power use predictions are a recipe for higher electricity bills this summer. For that reason, Power Choice Texas (PowerChoiceTexas.org) encourages Texans to shop for a better Texas Electricity Rate before the summer cooling season starts.

Related link: https://www.powerchoicetexas.org/

Experts weigh in on the second Rystad Study, indicating that proppant type is the likely answer for accelerated shale well productivity declines

EAU CLAIRE, Wis. /ScoopCloud/ -- The Rystad Study, by Rystad Energy, one of North America's most respected energy research firms, focuses on the proppant type used in approximately 900 shale wells in the Permian basin in West Texas. The study compares wells completed using in-basin sand (IBS) with wells completed with northern white sand (NWS), says the Wisconsin Industrial Sand Association (WISA).

Although In-Basin Sand proppants dominate the Permian Market, the study's results indicate that in both the long and short term, most wells would deliver higher productivity using Northern White Sand proppant.

This Rystad Study is the second to examine productivity vs proppant type. It analyses three years of historical data from approximately 900 West Texas Permian Basin shale wells. This latest Rystad Study shows that in 85% of the cases, the short-term cost benefits of completing wells with IBS were lost within the first year when productivity began diverging significantly each year.

Penny Aschenbrenner of Material Spec Labs, which specializes in sand testing, said, "The physical properties of IBS and NWS proppants provide a logical explanation for the difference in production." Material Spec Labs uses API (American Petroleum Institute) testing methods to test frac sand for its customers. "Our job is to test the sand for the physical properties the customer is paying for," said Aschenbrenner. "The idea isn't new. It's sometimes difficult to conceptualize proppant properties and their functionality due to the foreign nature of micro measurements. But if we relate the problem to something we are familiar with, the answer is obvious." she said.

She was not surprised by the negative impact of IBS on wells and questioned whether any technically capable engineer would be either, "The science is pretty simple," she said, "the sand is exposed to extreme pressures and conditions in a well. It is easy to see that the lower-strength sand will crush and clog a well much sooner than a higher-quality proppant. That's what you see in the lab, and it's most likely happening downhole."

NWS became the proppant of choice when the shale revolution began because of its high strength and purity. NWS is a very round, very hard silica sand used to prop open the fractures induced by hydraulic fracturing. Hydraulic fracturing uses water, sand, and chemicals to fracture shale rock deep beneath the earth's surface. When the fracturing is finished, the liquids are returned to the surface, and the sand remains in place to keep the fractures "propped" open, which is why the sand is called a "proppant."

The Rystad study calls the industry's most recent choices into question. By adopting IBS, It's possible that executives did the right thing at the time for their stakeholders. When oil and gas prices plummeted, producers had already spent significant cash on growing production, with many outspending their cash flow by completing more wells than needed. This ultimately led to overproduction and caused prices to crash heading into the pandemic. By the time Covid hit and prices crashed, producers were running out of cash and perhaps considering bankruptcy. Their only option was reducing costs; IBS was an obvious, short-term solution.

So while IBS may have been a company-saving strategy, its use carried an unforeseen expense. As illustrated in the Rystad study findings, those companies, shareholders, mineral rights holders, and U.S. energy security, in general, are now experiencing decreased well productivity and longevity. Despite the early belief that production would stay the same, according to the production data in the Rystad Study, wells completed with IBS now reveal accelerated economic losses in the hundreds of thousands of dollars per well after only a few short years compared to wells completed with NWS. Those losses grow more significant as oil and gas prices increase.

The Rystad Study supports the observation that switching to IBS correlates with accelerating decline rates. It suggests serious consideration of the science and reconsidering of the proppant decision choices. Higher energy prices and demand, the ongoing interest in energy independence, and safety and environmental considerations mandate that oil and gas wells run optimally. Mineral rights holders, energy investors, landowners, and energy workers have significant vested economic interests.

More Information:

The Rystad Study can be found at:

https://drive.google.com/file/d/1DJCbS1a-tWviaoS1pnZQSD8ONoFGdajR/view

Material Spec Labs can be reached at:

https://materialspeclabs.com/

About WISA:

Based in Eau Claire, WI, The Wisconsin Industrial Sand Association is an organization formed to promote safe and environmentally responsible sand mining standards, promote a fact-based discussion, and create a positive dialogue among the industry, citizens, and government officials. https://wisconsinsand.org/

IMAGE FOR MEDIA: https://wisconsinsand.org/wp-content/uploads/sites/77/2023/03/NWS-IBS-BeforeAfter.jpg

The Rystad Study, by Rystad Energy, one of North America's most respected energy research firms, focuses on the proppant type used in approximately 900 shale wells in the Permian basin in West Texas. The study compares wells completed using in-basin sand (IBS) with wells completed with northern white sand (NWS), says the Wisconsin Industrial Sand Association (WISA).

Related link: https://wisconsinsand.org/

Taylor Wilshire and the Wilshire Foundation again win the Global Excellence Award (GEA) for 2023

NEW YORK, N.Y. /ScoopCloud/ -- Taylor Wilshire and the Wilshire Foundation have again won the Global Excellence Award (GEA) from the Consortium of International Social and Financial Responsibility (CISFR). This award highlights the Wilshire Foundation's outstanding success in creating sustainable solutions through partnership, innovation, and best practices in order to advance its mission of eradicating poverty by fostering development and promoting affordable, reliable, and sustainable energy for all.

"We are determined to take the bold and transformative steps that are urgently needed to shift the world to a sustainable and resilient path as we embark on this collective journey," Wilshire stated.

As conflicts and divisive international issues arise, the Wilshire Foundation has advanced its humanitarian efforts and funding capabilities to provide shelter and placement for refugees from wars and establish self-sustained communities in India and Africa. The foundation recognizes that international trade can be an engine for inclusive economic growth and poverty reduction while creating an important source of income for both the private and public sector in developing countries. This mission to transform poverty goes hand-in-hand with strategies to improve health and education, reduce inequality, and spur economic growth-all while tackling climate change and working to preserve our oceans and forests.

"Partnerships and collaborations between nations, researchers, and industry teams have highlighted the incredible things we can do together as we promote awareness of sustainable change. The result is transforming not only human equality but also creating economic solutions that deliver new inspiration to every generation on our planet. Our dedicated teams are already bringing us closer and closer to seeing real change," Taylor said.

During a time when most companies and institutions are battling severe economic fluctuation and political crises, the Wilshire Foundation has been receiving praise and funding that will expand its sustainable, innovative, and award-winning programs and projects. Inspired by the tenets of the United Nations and the World Trade Organization (WTO), the foundation's cutting-edge financial structures have put it in the spotlight of companies to continue to watch.

The CISFR's Global Excellence Award will be presented to the Wilshire Foundation in New York, New York, on April 24, 2023. Members of the CISFR include the World Trade Organization, the United Nations, International Conscious Capital, and the Environmental Protection Agency.

For more information, visit: http://www.wilshirefoundation.net/

Taylor Wilshire and the Wilshire Foundation have again won the Global Excellence Award (GEA) from the Consortium of International Social and Financial Responsibility (CISFR). This award highlights the Wilshire Foundation's outstanding success in creating sustainable solutions through partnership, innovation, and best practices in order to advance its mission of eradicating poverty by fostering development and promoting affordable, reliable, and sustainable energy for all.

Related link: http://wilshirefoundation.net/

Kelly Roofing Goes Global With First International Tesla Solar Roof

NAPLES, Fla. /ScoopCloud/ -- Kelly Roofing has completed the first-ever international Tesla Solar Roof installation, marking a significant milestone in green energy innovation. The Florida-based company managed negotiations, logistics, and operations to extend its services into the international field, starting on the island of Nevis in the West Indies. This installation has opened up worldwide possibilities for the next steps in solar roofing installations for Kelly Roofing.

"This job is the pay off of years of work and innovation, it's incredible to watch it come to life," said Kelly Roofing President Ken Kelly. "Our team has been working with Tesla on building the solar roof deployment process from the ground up since they began developing it in 2019. Roofing innovation is what we do. It's what we've been known for for the last fifty years at Kelly Roofing. This client, and this job have brought us to a new level and let us begin to really see the fruit of that labor."

Installing a Tesla Solar Roof internationally required an intricate, multi-faceted, and carefully honed system to complete. Kelly Roofing worked with the customer to understand their goals and negotiated a general price for the raw job. They then navigated duty and tariffs, shipping fees, customs fees, holding fees, and transportation fees. The company's prior experience in these logistics laid the groundwork for the job in Nevis and made the job seamless for the customer.

"We had the advantage of having solid shipping partners in place and a tested process, it was a matter of fitting the pieces together strategically for what this client needed," Ken Said.

The Kelly Roofing team's extensive experience in navigating Florida's stringent roofing codes allowed them to navigate the legal hurdles of Nevis's roofing regulations. The team also partnered with a local contracting team to ease relations with the government and the local community, providing on-the-job training and bringing the job to life.

The Tesla system is unique in its durability and innovation as well. It is connected to an app that is designed to be intuitive for the homeowner, helping control power consumption and usage. The roofs are also designed to last over time, making them hurricane-force-wind resistant and impact resistant to hail. Each tile is independent, allowing for expansion and contraction in extreme temperatures.

"The Tesla system gives peace of mind to our clients. We saw roofs come out of Hurricane Ian basically untouched and the Powerwall system kept up. There were entire blocks where neighbors were charging their phones at the only house with a Tesla Solar Roof because no one else had power," Ken added.

For the homeowner, the Tesla Solar Roof came with a host of benefits, including ease of use and unmatched durability that provide an excellent return on their investment. In Nevis, the homeowner was able to take their home off-grid without interfering with the quality of their day-to-day life.

Kelly Roofing is now vetting and accepting new international Tesla Solar Roof jobs and is thankful and honored to have been a part of building this customer's home.

Contact us today at 239.228.3276 or by email at: mail@kellyroofing.com for more information.

About Kelly Roofing:

Kelly Roofing is an award-winning, Florida-based, international roofer that has been on the cutting edge of roofing innovation since 1972. They are a Top 100 Roofing Contractor and have been recognized as America's Roofing Contractor of the Year. Kelly Roofing holds dozens of awards including the Roofing Think Tank Innovator of the Year and Fastest Growing Roofing Company in America Award. The company lives by the idea that the values of care, communication, and consistency are the pathways to innovation and outstanding workmanship. Kelly Roofing is a certified Tesla Solar Roof installer and has leveraged this partnership to launch into the international solar roofing market.

To learn more about Kelly Roofing, go to https://www.kellyroofing.com/

Kelly Roofing has completed the first-ever international Tesla Solar Roof installation, marking a significant milestone in green energy innovation. The Florida-based company managed negotiations, logistics, and operations to extend its services into the international field, starting on the island of Nevis in the West Indies.

Related link: https://www.kellyroofing.com/

Pattison Company Announces the launch of a new revolutionary railcar storage system for the railcar industry

GARNAVILLO, Iowa /ScoopCloud/ -- Pattison Company, a legacy Northeast Iowa Company manufacturing quality proppants and aggregates for the gas, oil, and construction industries, recently launched a revolutionary railcar storage system. Pattison Storage Solution is putting railcar storage costs back on track, said a Pattison Company spokesperson.

Storing empty railcars has plagued rail users since the onset of the railroad industry. The surge of too many railcars sitting idle incurring high demurrage fees or increased business demands with too few railcars accessible. Pattison Storage Solutions provides cost-effective onsite or offsite storage of empty non-hazardous commodity railcars.

PSS is an innovation of Pattison Company in Clayton, Iowa, and provides railcar storage solutions direct to the users. This new onsite railcar storage concept can bring the storage site near the loading point where railcars provide the most value. PSS can efficiently design, build, and transport to custom storage sites, whether onsite or offsite.

Cost-effective and compact storage is an option that PSS makes possible for rail users. With as little as 4 acres, PSS can establish nearly 250 ready-to-use railcar storage points in just a few weeks. And the best part, no locomotive is required. The compact rail design or "skeleton tracks" PSS uses for more storage create a much smaller environmental footprint.

After a team of PSS professionals lay the storage track, they safely load empty railcars onto a specially designed semi-trailer. Once the railcar is secure, the semi-tractor transports the car to the storage site. The speed of the railcar transport process to and from storage, whether onsite or offsite, saves time and money. Depending on location and timing, the move into or out of storage can happen in less than 10 minutes per railcar.

Not only does PSS design the storage site by laying compact tracks and transporting the empty cars to the site, but they also provide railcar switching requirements. Scheduled switches can occur weekly or as needed instead of the undetermined periods when railcars are out of service, moving to a distant storage site, incurring high empty freight costs, and unavailable for immediate business needs.

In review, PSS is a full-service rail storage solution provider. From their compact rail track design and transportation of empty cars quickly and efficiently to providing scheduled railcar switches, PSS is meeting the storage needs of the rail industry.

To learn more about a custom railcar storage design, check out the Pattison Storage Solution website at: https://www.pattisonsand.com/railcar-storage-solutions/

Based in Garnavillo, Iowa, located in the Northeast Corner of Iowa, Pattison Sand Company has provided the highest quality proppants and aggregates to the oil, gas, and construction industry for decades. Pattison Company provides the highest quality quartz silica sand and dolomitic limestone to companies across the United State via railcars.

IMAGE: https://www.pattisonsand.com/wp-content/uploads/2023/03/StorageRelease.jpg

Image caption: The Pattison Storage Solution in action.

Pattison Company, a legacy Northeast Iowa Company manufacturing quality proppants and aggregates for the gas, oil, and construction industries, recently launched a revolutionary railcar storage system. Pattison Storage Solution is putting railcar storage costs back on track, said a Pattison Company spokesperson.

Related link: http://www.pattisonsand.com/

Tenaska Virginia Generating Station has been reapproved as a Virginia STAR Worksite

RICHMOND, Va. /ScoopCloud/ -- Tenaska Virginia Generating Station in Scottsville, VA, has been reapproved as a Virginia STAR Worksite under the Virginia Department of Labor and Industry's Virginia Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP).

Tenaska Virginia Generating Station is one of 37 current participants in the STAR program of public/private sector worksites to achieve and retain this recognition in Virginia. The 1,000-megawatt power plant commenced commercial production of electricity in 2004 and is a combined cycle fossil fuel electricity generation power plant utilizing three GE 7FA Gas Turbines and one GE D11 Steam Turbine located on 559 acres with 39 acres developed that is continuously operated with a total of 29 employees.

The Virginia VPP recognizes and promotes exceptional safety and health management systems for Virginia's employers in all industries. In VPP, the participant's management, workers, and VOSH establish a cooperative relationship that encourages continuous improvement in worksite safety performance.

Acceptance into Virginia's VPP is confirmation and recognition that an employer has achieved safety and health excellence well above their industry peers. The VOSH VPP administers the Virginia STAR, Virginia Challenge, VADOC Challenge, Virginia BEST, and Virginia BUILT programs. For more information about this program or the other services we offer, visit our website at https://www.doli.virginia.gov/voluntary-protection-program/

DOLI also offers free On-Site Consultation Services to help employers better understand and voluntarily comply with VOSH standards. Priority is given to high-hazard workplaces with 250 or fewer employees and all services are offered to employers at no cost. On-Site Consultation Services helps employers identify and correct potential safety and health hazards by conducting walk-through surveys (without citations or penalties), abatement advice, on-site training, and program assistance to develop safety and health programs. Additional information about On-Site Consultation Services can be obtained by contacting the DOLI office closest to you at www.doli.virginia.gov

The Virginia Occupational Safety and Health (VOSH) program is financed in part by a grant from the U. S. Department of Labor, Occupational Safety and Health Administration (OSHA), under §23(g) of the Occupational Safety and Health Act of 1970. Zero percent, or $0.00 of the State Plan budget, is financed through nongovernmental sources.

RELATED LINKS:

https://www.doli.virginia.gov/vosh-programs/consultation/on-site-visit-request/

https://www.doli.virginia.gov/about/doli-offices-statewide/

Tenaska Virginia Generating Station in Scottsville, VA, has been reapproved as a Virginia STAR Worksite under the Virginia Department of Labor and Industry's Virginia Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP). Tenaska Virginia Generating Station is one of 37 current participants in the STAR program of public/private sector worksites to achieve and retain this recognition in Virginia.

Related link: https://www.doli.virginia.gov/

Acoem Acoustic Threat Detection, Archer Energy Solutions, and CIP-014 Standard – A perfect fit!

GRANTS PASS, Ore. /ScoopCloud/ -- Gun violence is a growing concern that affects every aspect of our lives. In response, Acoem has developed its Acoustic Threat Detection technology, a military-proven solution that is now available for civilian use. The technology has been refined over 30 years through constant innovation and millions of gunshot data collected from multiple combat theaters.

A growing threat facing our nation today is gun damage to critical infrastructure, with recent incidents of rogue gunmen shooting and damaging electric substations. To address this growing concern, Acoem is proud to partner with Archer to provide companies and service providers a solution to meet evolving security regulations through effective risk-based physical security programs.

Archer specializes in assessing, consulting, and testing to ensure compliance with NERC standards, including CIP-014, which recommends the use of Acoustic Detection to provide real-time alarms and awareness of gunshots or explosions as they happen. Acoem and Archer make a strong team, with Archer providing expertise in compliance and Acoem and its integration partners offering expertise in acoustic threats and physical security technology.

"We are creating a solid partnership to help companies and service providers stay updated with evolving security standards through risk-based physical security controls. Archer is excited to partner with Acoem to bring remarkable technology and value to our client's physical security and compliance demands. At the same time, help identify attacks at the earliest moment," said Nick Weber, Archer's Managing Partner.

Learn more about securing substations and other remote critical infrastructure, the Acoem ATD technology, and Archer services, by registering for an upcoming webinar on February 27, 2023.

Our teams will discuss these critical topics and provide insights on how to develop a comprehensive security and a response plan to mitigate ballistic attacks on critical infrastructure.

WEBINAR REGISTRATION LINK:

https://archerint.zoom.us/webinar/register/WN_3GlH7BXXSRikTL3UHFpJvA

LEARN MORE:

Acoem ATD: https://acoematd.com/

Archer Energy Solutions: https://archerint.com/

Gun violence is a growing concern that affects every aspect of our lives. In response, Acoem has developed its Acoustic Threat Detection technology, a military-proven solution that is now available for civilian use. The technology has been refined over 30 years through constant innovation and millions of gunshot data collected from multiple combat theaters.

Related link: https://acoematd.com/

EnergyCAP expands offering to include financial-grade carbon accounting

BOALSBURG, Pa., /ScoopCloud/ -- EnergyCAP, a leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the launch of CarbonHub, a new solution that offers financial-grade carbon accounting and sustainability reporting.

For over four decades, EnergyCAP has been the trusted software provider for over ten-thousand energy and sustainability professionals across government, education, commercial sectors, and energy service companies (ESCOs). The company has a reputation for helping clients improve energy efficiency, streamline accounting processes, reduce resource consumption, and identify opportunities for sustainable operations. Recently, in August 2022, EnergyCAP further strengthened its capabilities by acquiring Wattics, a global leader in real-time energy management and analytics monitoring software.

EnergyCAP's newest solution, CarbonHub, serves as the central repository of all carbon emissions related data, sustainability reporting, and tracking performance towards decarbonization goals. It utilizes financial-grade utility data from the EnergyCAP platform and automatically applies standard or custom factors for auditable Scope 1, 2, and 3 reporting. CarbonHub can also calculate emissions from other inputs such as onsite generation, central plants, corporate travel, supplier and distributor emissions, and more!

With the launch of CarbonHub, EnergyCAP is now the most comprehensive energy and sustainability ERP solution on the market, offering a wide range of financial-grade data analysis and reporting capabilities, including:

* Portfolio-level energy management and utility bill accounting - Powered by EnergyCAP

* Financial-grade carbon accounting and sustainability reporting - Powered by CarbonHub, an EnergyCAP Solution

* Real-time energy analytics at the building and device level - Powered by Wattics, an EnergyCAP solution

"The launch of CarbonHub marks a significant milestone in the evolution of EnergyCAP," said Tom Patterson, CEO of EnergyCAP. "We have long been recognized for providing best-in-class portfolio-level energy management and utility bill accounting. The acquisition of Wattics and the launch of CarbonHub positions us as a leading provider of comprehensive energy and sustainability ERP software. We are committed to continually innovating to meet our customers' needs to ensure that we offer the best, single source of truth for all sustainability and energy teams around the globe."

CarbonHub is now available for existing and new EnergyCAP customers to bundle with their EnergyCAP solution. For customers seeking an independent carbon accounting solution, CarbonHub will be available to purchase stand-alone in the Summer of 2023.

Learn more about CarbonHub and EnergyCAP's complete suite of Energy & Sustainability ERP solutions at Catalyst 2023 in State College, PA, April 25 - 27, 2023.

Visit https://www.energycap.com/CarbonHub/ for more information and to request a demo of the solution.

About EnergyCAP, LLC:

EnergyCAP is the leading Energy & Sustainability ERP, empowering customers with full control and understanding of their energy & sustainability data to reduce their carbon footprint and drive savings. For over forty years, thousands of public and private institutions have been using EnergyCAP to streamline accounting processes, reduce resource consumption, and identify opportunities for sustainable operations. EnergyCAP helps customers who are drowning in paper bills, manual processes, and cumbersome spreadsheets and enables them to execute, analyze, and report on the energy and decarbonization projects needed to create a more sustainable world.

Visit https://www.energycap.com/ to learn more.

EnergyCAP, a leading provider of energy and sustainability enterprise resource planning (ERP) software, today announced the launch of CarbonHub, a new solution that offers financial-grade carbon accounting and sustainability reporting.

Related link: https://www.energycap.com/

BlueStone Advisors Announces Launch of its Lithium-Ion Battery Insurance Captive

CHICAGO, Ill. /ScoopCloud/ -- BlueStone Advisors, a specialty commercial insurance brokerage firm, announced today the launch of their BlueStone Lithium-Ion Battery Captive to help advanced battery companies manage their insurance costs and offer a broader policy with comprehensive and consistent coverage terms.

"We're excited to announce the launch of BlueStone's Lithium-Ion Battery Captive to the advanced battery ecosystem for employers who are adversely affected by rising insurance rates, limited capacity, and shrinking coverage terms offered in today's insurance and reinsurance marketplace," said Andy Royce, President of BlueStone Advisors.

We've seen reinsurance rates spike due to global economic uncertainty, geopolitical unrest, and increased catastrophic claims paid to international lithium-ion battery operators with inferior safety standards. The BlueStone Lithium-Ion Captive is for U.S. employers with sound risk management practices who want more control of their insurance costs, pricing stability, and coverage certainty.

With the BlueStone Lithium-Ion Captive, BlueStone Advisors continues its decade-long commitment to providing innovative insurance solutions designed to advance a sustainable circular economy.

About BlueStone Advisors:

BlueStone Advisors is a specialty commercial insurance broker that has provided insurance and risk management services to the lithium-ion battery industry for over ten years. BlueStone Advisors delivers advanced brokerage solutions that reduce the total cost of risk and insurance while leveraging best practices that strengthen an organization's risk profile.

Additional information can be found at: https://www.bluestoneadvisors.com/lithium-ion-battery-2/

MULTIMEDIA:

VIDEO (YouTube): https://youtu.be/N3lWUanAzdY

BlueStone Advisors, a specialty commercial insurance brokerage firm, announced today the launch of their BlueStone Lithium-Ion Battery Captive to help advanced battery companies manage their insurance costs and offer a broader policy with comprehensive and consistent coverage terms.

Related link: https://www.bluestoneadvisors.com/