Benchmark Services, Inc. Acquires Natural Gas Business Associates
Company Looks to expand its Energy Brokerage Business ahead of First Anniversary
Syracuse, N.Y., Jan. 11, 2017
Syracuse, N.Y., Jan. 11, 2017 /PRNewswire/ — Benchmark Services, Inc. which offers professional procurement services to commercial and industrial customers through a transparent online procurement platform, today announced the acquisition of Natural Gas Business Associates. NGBA is an energy brokerage and consulting company that with a deep wealth of professional experience, brokers competitively priced electric and natural gas commodity service.
Benchmark, which was founded in May 2016, aims to use the acquisition to help grow their brokerage business.
“In doing business consulting work in the energy space, I saw an opportunity to create a business model that could utilize a transparent live on-line reverse auction/ Request for Proposal platform in conjunction with traditional energy brokerage. This allows us to bring together the best energy supply companies with large Commercial and Industrial businesses in an environment that stimulates competitiveness amongst those suppliers while adding value to the energy use businesses,” says Mark Tackley, President of Benchmark. “We are pleased to have National Gas Business Associates as Benchmark’s first acquisition.”
Benchmark will continue its objective in working to match customers with suppliers on a transparent online platform and the NGBA acquisition fits in nicely. The combination of an expansive supplier network providing competitive energy pricing and Benchmark expert services provide many options to their customers.
“This acquisition is just the beginning of many for Benchmark. Although we have been in business for under a year, we are executing on our acquisition strategy quite well and are continuing to work with other broker business owners to continue down that path. We will continue to bring businesses together and educate them on the value of pure energy brokering done the right way and acquisitions are just one part of our strategy,” Tackley added.
About Benchmark Services, Inc.
Benchmark provides professional procurement services to commercial and industrial customers by taking the time to work with customers to align them with the right solution and supplier. Our services and supplier network provides unparalleled options to our customers. Benchmark’s VP of Operations has over 25 years of experience in the energy industry and has deep relationships with key suppliers. In lieu of this expertise, Benchmark can enter the market with a comprehensive supplier list, while offering valued services to clients.
Benchmark strives to reduce risks in the complex energy markets. Options include an online live Reverse Auction/ RFP platform which will transparently capture the most competitive price, or a brokerage service which targets specific suppliers that match customer’s requirements. Benchmark also provides procurement advisory services to customers that require additional services, such as hedging analysis.
You can view Benchmark’s website at www.benchmarksvcs.com
Contact: Jordan Bieber
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SOURCE Benchmark Services, Inc.