Direct Energy Overview

  • Founded
  • 1986
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 4,000
Employees
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 3
  • Investments
  • 30

Direct Energy General Information

Description

Provider of electricity and gas utility and protection services, intended to give customers choice, simplicity and innovation where energy, data and technology meet. The company offers electricity and natural gas utilities in various states and provides wholesale power and natural gas trading and marketing services to commercial customers.

Contact Information

Website
www.directenergy.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Multi-Utilities
Other Industries
Electric Utilities
Gas Utilities
Parent Company
NRG Energy
Primary Office
  • 1001 Liberty Avenue
  • Suite 1200
  • Pittsburgh, PA 15222
  • United States
+1 (800) 000-0000
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Direct Energy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Direct Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of electricity and gas utility and protection services, intended to give customers choice, simplicity and innov
Multi-Utilities
Pittsburgh, PA
4,000 As of 2020
0.000 0000-00-00
000000&0

00000000

veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute
000 000000000
Charlotte, NC
000000&0

0000 000

ris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate vel
00000000 000000000
Houston, TX
0000 As of 0000
00000
0000000000.
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Direct Energy Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Infinite Energy (Charlotte) Corporate Backed or Acquired Charlotte, NC 000000&0
0000 000000 00000 Corporation Houston, TX 0000 00000 0000000000.
00000000 0000 0000 Formerly PE-Backed Woodmere, NY 00 000 000000&0 000
0000 000000 Corporate Backed or Acquired Huntersville, NC 000 000000&0
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Direct Energy Executive Team (22)

Name Title Board Seat Contact Info
John Schultz President, Direct Energy Business
Bill Rutherford Chief Risk Officer
Adam Brand Director, Mergers & Acquisitions
Mark Baker Senior Vice President
Ameet Rao Director
You’re viewing 5 of 22 executive team members. Get the full list »

Direct Energy Board Members (1)

Name Representing Role Since
00000 0000 Direct Energy Chairman 000 0000
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Direct Energy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Direct Energy Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Direct Energy Investments & Acquisitions (30)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 00000 31-Dec-2018 0000000000 000.00 Electric Utilities 0000 0000
0.0. 000000 27-Nov-2018 0000000000 0000 Other Commercial Services 0000 0000
000000000 000 30-Nov-2015 0000000000 000.00 Wireless Communications Equipment
000000 000000 29-Jul-2014 0000000000 0000 Alternative Energy Equipment
Hess Energy Marketing 01-Nov-2013 Merger/Acquisition 00.00 Distributors/Wholesale
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Direct Energy Subsidiaries (11)

Company Name Industry Location Founded
First Choice Power Special Purpose Electric Utilities Irving, TX 2011
000000 000000 0000 Alternative Energy Equipment Annapolis Junction, MD 0000
000000000 00 Energy Marketing Westerville, OH 0000
00000 000000000 Energy Marketing Westerville, OH 0000
0000000 000000 000 Electric Utilities Montebello, NY 0000
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Direct Energy Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 00000000 00 0 06-Mar-2012 000000000000000000 0000 Completed
  • 000000 000000
Clockwork Home Services 01-Jul-2010 Merger/Acquisition 00000 Completed
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