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BGC Group, Inc. acquires Sage Energy Partners, LP to expand energy and environmental brokerage services

PUBLIC · BGCOct 10, 2024

Acquiring Company

BGC Group

Acquired Company

Sage Energy Partners

New YorkHoustonFinancial ServicesFinanceBankingEnergyOil And GasRenewable EnergyBiomass Energy

Description

BGC Group, Inc., a leading global brokerage and financial technology company, has acquired Sage Energy Partners, LP, an energy and environmental brokerage firm. This acquisition will expand BGC's energy brokerage services in the U.S. and support BGC's global growth efforts across its Energy, Commodities, and Shipping business, reinforcing BGC's position in environmental and energy transition brokerage services.

Quick answer

BGC Group is acquiring Sage Energy Partners, announced October 10, 2024. BGC Group is based in New York, New York, United States.

How much did BGC Group pay for Sage Energy Partners?
The deal value was not disclosed.
What does BGC Group do?
BGC Group, Inc. is a leading global brokerage and financial technology company that provides marketplace, data, and financial technology services for a broad range of products, including fixed income, foreign exchange,..
Where are BGC Group and Sage Energy Partners based?
BGC Group is based in New York, New York, United States. Sage Energy Partners is based in Houston, Texas, United States.
Who are the decision-makers at BGC Group?
Fundz holds 2 contacts at BGC Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

BGC Group

Location

New York, New York, United States

About

BGC Group, Inc. is a leading global brokerage and financial technology company that provides marketplace, data, and financial technology services for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.

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Frequently asked

Who acquired Sage Energy Partners?

Sage Energy Partners was acquired by BGC Group, based in New York. The deal was reported on October 10, 2024. BGC Group, Inc. BGC Group is publicly traded (BGC) and operates in Financial Services.

When did BGC Group acquire Sage Energy Partners?

BGC Group's acquisition of Sage Energy Partners was reported on October 10, 2024. BGC Group, Inc., a leading global brokerage and financial technology company, has acquired Sage Energy Partners, LP, an energy and environmental brokerage firm. This acquisition will expand BGC's energy brokerage services in the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sage Energy Partners do?

Sage Energy Partners, LP is an energy and environmental brokerage firm specializing in refined products, biofuels, ethanol, carbon emissions, renewables, NGLs, and petrochemicals brokerage services. It is privately held, operating in Energy, and is based in Houston.

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