NMBR1
4 년 전
Westlake Securities Advises Frontier Energy on Acquisition of Energy Insight
9/18/19, 11:17 AM
AUSTIN, Texas, Sept. 18, 2019 /PRNewswire/ -- Westlake Securities is pleased to announce that Frontier Energy, Inc. has acquired Energy Insight, Inc., an energy efficiency consulting company based in Chanhassen, Minnesota. Founded in 2013, Energy Insight designs, implements, and administers energy conservation programs on behalf of utilities that empower their commercial, industrial, agricultural and institutional customers to reduce energy usage.
Energy Insight represents the sixth company to join Frontier Energy, a wholly owned subsidiary of GTI International, Inc. ("GTII"). Frontier Energy was formed via the combination of five GTII subsidiaries focused on energy efficiency. With the addition of Energy Insight, the Frontier Energy enterprise now has eight U.S. offices across four states and more than 140 employees providing professional services to help clients reduce energy use and increase alternative transportation.
GTII is a holding company and wholly owned subsidiary of GTI, a leading non-profit research, development and training organization serving the energy industry for more than 75 years. Through GTII, GTI is investing in an efficient, safe, clean energy future to meet ever-escalating energy, operational, and environmental challenges.
Westlake Securities acted as the exclusive financial advisor to Frontier Energy and GTII. Managing Director Jon D'Andrea led the transaction on behalf of Westlake Securities.
Ron Snedic, Chairman of Frontier Energy and President of GTII, said, "Westlake has played an integral role as part of our corporate development team at GTII. Their experience in both the energy efficiency and professional services markets has proved instrumental in identifying and evaluating acquisition opportunities."
Jon D'Andrea said, "Having the unique pleasure of both advising on the sale of a business to GTII as well as representing GTII on the buy-side, I can attest to their genuine and forthright approach to the deal process. We look forward to continuing to work with GTII on their acquisition growth strategy."
About Westlake Securities
Westlake Securities is a middle-market investment bank founded in 2003 and headquartered in Austin, Texas. Westlake delivers superior execution and results to its clients with deep transactional experience, comprehensive technical analysis and hands-on involvement of our senior professionals. For more information, please visit: www.westlakesecurities.com
Disclosures:
Investment Banking Services and Securities offered through Independent Investment Bankers Corp., a broker-dealer, Member FINRA / SIPC. Westlake Securities is not affiliated with Independent Investment Bankers Corp.
Cision View original content:http://www.prnewswire.com/news-releases/westlake-securities-advises-frontier-energy-on-acquisition-of-energy-insight-300920523.html
CMsixfigures
6 년 전
[bFrontier Energy (FRGY)
0.0004 unch (unch) 02/07/19 [OTC US]
BARCHART OPINION for Thu, Feb 7th, 2019 Alerts Watch Help
Overall Average:
32% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
0
100
Current Strength
Weak
0
100
Current Direction
Weakest
Barchart Opinion
INDICATOR
Opinion Strength & Direction
Composite Indicator
TrendSpotter
BUY
Short Term Indicators
7 Day Average Directional Indicator
BUY
10 - 8 Day Moving Average Hilo Channel
HOLD
20 Day Moving Average vs Price
HOLD
20 - 50 Day MACD Oscillator
HOLD
20 Day Bollinger Bands
HOLD
20 - Day Average Volume: 8,441,285 Average: 20% BUY
Medium Term Indicators
40 Day Commodity Channel Index
HOLD
50 Day Moving Average vs Price
HOLD
20 - 100 Day MACD Oscillator
HOLD
50 Day Parabolic Time/Price
BUY
50 - Day Average Volume: 3,863,984 Average: 25% BUY
Long Term Indicators
60 Day Commodity Channel Index
HOLD
100 Day Moving Average vs Price
BUY
50 - 100 Day MACD Oscillator
HOLD
100 - Day Average Volume: 5,267,294 Average: 33% BUY
Barchart Opinions show traders what a variety of popular trading systems are suggesting in terms of going long or short the market. The Opinions takes up to 2 years' worth of historical data and runs these prices through thirteen different technical indicators. After each calculation, the program assigns a buy, sell or hold value for each study, depending on where the price lies in reference to the common interpretation of the study.
Barchart Opinions are not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence and not on any representation we make to you.
Snapshot Opinion
Yesterday
32% BUY Last Week
72% BUY Last Month
24% SELL
Support & Resistance
2nd Resistance Point 0.0004
1st Resistance Point 0.0004
Last Price 0.0004
1st Support Level 0.0004
2nd Support Level 0.0004
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