{"id":4985,"date":"2017-11-29T04:16:39","date_gmt":"2017-11-28T22:16:39","guid":{"rendered":"https:\/\/www.ctrmcenter.com\/?p=16855"},"modified":"2017-11-29T04:16:39","modified_gmt":"2017-11-28T22:16:39","slug":"in-case-you-missed-it-mcg-acquires-paragon","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/in-case-you-missed-it-mcg-acquires-paragon\/","title":{"rendered":"In case you missed it\u2026.MCG acquires Paragon"},"content":{"rendered":"

Though there doesn\u2019t seem to be a formal press release issued to the wires, the two companies announced via website postings a couple of weeks ago that MCG has acquired Paragon Energy Software.\u00a0 In the joint posting, the companies note, \u201cMCG Energy Solutions is a 22-year old software company headquartered in Minneapolis, MN. MCG specializes in operating and financial systems for the wholesale power and gas industries. We are excited about the addition of Paragon’s Credit and Energy Trading and Risk Management (ETRM) software to MCG’s portfolio of existing products. The acquisition of Paragon reinforces MCG’s position as a growing leader in the energy software industry throughout North America. By integrating Paragon’s ETRM and Credit solutions with MCG’s product portfolio, MCG will enable customers to leverage new credit and risk management functionality within their existing MCG operating systems.\u201d I\u2019ll be meeting with the Paragon team later this week to learn any additional insights; however, on the surface it certainly appears that by adding Paragon\u2019s leading energy credit risk solution, a solid customer list and a growing capability in ETRM\/CTRM, this deal should position MCG well against their crosstown rival OATI, and the other solution vendors vying for a piece of
\nContinue reading In case you missed it\u2026.MCG acquires Paragon<\/a>. This article appeared first on CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Though there doesn\u2019t seem to be a formal press release issued to the wires, the two companies announced via website postings a couple of weeks ago that MCG has acquired Paragon Energy Software.\u00a0 In the joint posting, the companies note, \u201cMCG Energy Sol…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\nIn case you missed it\u2026.MCG acquires Paragon | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"Though there doesn\u2019t seem to be a formal press release issued to the wires, the two companies announced via website postings a couple of weeks ago that MCG has acquired Paragon Energy Software.\u00a0 In the joint posting, the companies note, \u201cMCG Energy Sol...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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