Aegis Hedging Solutions, a provider of technology and expertise for commodity and rate hedging, has acquired InstaNext, a provider of energy/commodity trading and risk management software. Aegis Hedging Solutions is backed by private equity firm Trilantic North America.
“InstaNext has transformed the delivery of E/CTRM software,” said Bryan Sansbury, chairman and CEO of AEGIS. “Integrating InstaNext’s E/CTRM with AEGIS’ analytics, trading, and workflow automation platform will increase the rate of innovation for current customers and offer a powerful alternative for companies that understand the challenges with implementation, maintenance, and ongoing costs of legacy E/CTRM platforms.”
Elie Zabal, CEO of InstaNext, added, “Commodity prices and rates are driving higher and putting cash flow at risk for too many companies. We are excited to join AEGIS at a time when the need for powerful technology, insightful analytics, robust trading tools, and world-class expertise has never been more important for companies navigating these risks.”