Six One Commodities (61C), an energy merchant backed by Pinnacle Asset Management, has completed its acquisition of Great American Gas & Electric (GAGE) from Link Growth Advisers. The transaction adds GAGE’s operations to 61C’s growing energy platform and strengthens the company’s North American retail and integrated energy business.
The acquisition is a strategic step in expanding 61C’s retail energy capabilities across North America. GAGE brings an established team, customer relationships, broker networks, operating infrastructure, and technology systems that will support the continued development of 61C’s retail energy operations.
By combining the two businesses, 61C expects to enhance its ability to serve commercial and industrial customers through a broader suite of offerings, including physical energy supply, structured energy products, portfolio management services, and market intelligence solutions.
According to the company, the transaction supports its long-term growth strategy while strengthening its position in increasingly complex energy markets.
KEY QUOTES:
“We are pleased to complete the GAGE acquisition and to welcome the GAGE team to 61C. GAGE is a strong strategic fit for 61C – their customer-focused foundation, paired with our supply, risk management and market access capabilities, creates a broader and more durable offering at an important time for energy customers navigating increasingly complex energy markets. We appreciate the constructive partnership with Link and GAGE throughout the process, and our focus now is a disciplined integration that preserves what has made GAGE successful while giving the business additional tools to grow.”
Ben Sutton, Chief Executive Officer, Six One Commodities
“We are proud of what the GAGE team has built and are grateful for the partnership with 61C in completing this transaction. 61C is the right step for the next chapter of the business, and we believe GAGE will benefit from 61C’s broader platform, financial resources, and commercial capabilities.”
Puneet Sanan, President, Link Growth Advisers
