Fenwick & West represented Energy Services Group, LLC (ESG), the retail energy industry’s leading provider of transaction management (EDI), billing and CIS and wholesale energy services, in its acquisition of Latitude Technologies, Inc., a global supplier of data management, flight tracking and data and voice satellite communications equipment and service solutions. Financial terms of the transaction were not disclosed.
The acquisition solidifies ESG’s position as the market leader in transaction management solutions for retail energy suppliers and utilities and significantly expands their capabilities in natural gas inventory management including storage and nominations.
The Fenwick transaction team included corporate lawyers Scott Joachim, Eric Shedlosky and Brady Douglas.