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Atlantic Energy acquires commercial customers from Summer Energy

Aug 01, 20255 months ago

Acquiring Company

Atlantic Energy

Acquired Company

Summer Energy

The WoodlandsHoustonRenewable EnergyEnergyEnergy

Description

Atlantic Energy Group LLC has successfully acquired most of Summer Energy's commercial customers in Texas. This strategic move is part of Atlantic's initiatives to expand its AE Texas brand and enhance its position in the energy market. Customers can expect a seamless transition and uninterrupted service during the switch to Atlantic Energy. This acquisition marks Atlantic's third in 2025.

Company Information

Company

Atlantic Energy

Location

The Woodlands, Texas, United States

About

Atlantic Energy is a leading retail energy provider that offers innovative solutions to commercial and residential customers. Founded in 2012, the company is licensed to provide competitive electricity in eleven states and natural gas in seven states. It aims to be the preferred energy provider in Texas through its AE Texas brand.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed