December 10, 2014
David C. Wiers, President of Satori Energy, announced today that Satori Energy has acquired the energy procurement contract assets of Chicago based Goby, LLC.
This acquisition, the third by Satori Energy since 2011, allows Satori to continue its pattern of targeted growth through adding value to the procurement process for clients nationwide. Mr. Wiers commented, “We have a good working relationship with Goby; our clients have seen demand side reduction and visibility benefits through utilizing Goby’s SeaSuite platform. Satori will maintain its working relationship with Goby as a strategic partner in the energy sector moving forward, and we will continue to create value for all of our clients through our proprietary procurement process.” As part of the transaction, Pritesh Patel will join Satori as Director of Sales. “We are excited to have a quality individual like Pritesh join our team. His experience and industry contacts will contribute and add to the strong sales team we currently have in place,” Mr. Wiers noted.
Goby Executive Vice President Helee Lev further commented, “We will continue to support our customers through strategic partnerships to deliver the full breadth of supply and demand side energy management solutions enabled by our SeaSuite platform. This Satori relationship is another great example in addition to the Able Services relationship we announced earlier this summer.”
The transaction closed in December 2014.
About Satori Energy
Satori Energy was founded in 2003, is headquartered in Chicago, and has evolved with the changing electricity markets over the past 11 years. Satori has continued its mission in serving its clients through strategic energy procurement, risk management, market monitoring services, and overall energy management solutions for clients in deregulated markets nationwide. For additional information, please visit www.satorienergy.com.
Goby is a nationally-recognized energy and sustainability consulting firm leading the market in ENERGY STAR benchmarks and LEED certifications. Goby’s award winning SeaSuite™ Software as a Service platform captures and distills multiple data sources into simple, contextualized dashboards, tasks, and reports to cost-effectively monitor, optimize, report, and track whole-building energy and sustainability performance. SeaSuite™ users annually manage more than 250 million square feet from the cloud including regulatory compliance with energy reporting ordinances nationally, more than 300 Energy Star benchmarks, and over 100 LEED EB:O+M projects. In addition, SeaSuite™ users and buildings have collected reduced average energy consumption by more than 20% since 2010. As a result of Goby’s outstanding contributions to energy and greenhouse gas reduction in commercial real estate, the U.S. Environmental Protection Agency (EPA) recently recognized Goby with a 2014 ENERGY STAR Partner of the Year Service and Product Provider Award. For more information, visit www.seasuite.com.