I recently caught up with Jeremy Fry, President at what was previously known as Trilogy Effective Software Solutions, and now as Trilogy Energy Solutions. The name change and rebranding comes in the wake of the acquisition of the company’s assets by Crude Street, a Chicago-based boutique investment firm in March of this year. For those not familiar with Trilogy, the company produces TIES, The Integrated Energy System, which focuses primary on the oil and gas midstream/producer services space, including gas plant and pipeline operations, both from a shipper and an operator point of view. The company also provides business process outsourcing services to many of their customers, including scheduling, allocations, trade management and settlements. Mr. Fry noted at the time of the acquisition, “We’re thrilled with the acquisition by Crude Street which gives us immediate access to capital, and a large pool of development resources which have extensive experience within the energy trading and risk management space.” In our recent conversation, he said the initial expectations of the acquisition have been realized and with the additional resources provided by Crude Street, Trilogy has been busy enhancing their underlying technologies (including a new multi-tenanted SaaS solution to be released by the… continue reading
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