Transaction marks first strategic acquisition fueled by growth financing from Trilantic North America
AEGIS Hedging Solutions (“AEGIS” or the “Company”), a leader in technology and expertise for commodity and rate hedging, announced today that it has acquired Nexidus Commodities (“Nexidus”), a commodity trading advisor and pioneer in metals hedging.
Founded in 2017, Nexidus provides research, strategy, execution, and administrative support to companies in the industrials and manufacturing sectors hedging their exposures to base and precious metals. Nexidus has capitalized on significant, growing demand from financial sponsors seeking visibility into and management of metals exposures across their portfolio companies, as commodity pricing and rate exposures have a significant impact on cash flow and related valuations.
“The acquisition of Nexidus is a significant step in extending our hedging technology and expertise beyond the energy sector,” said Bryan Sansbury, Chairman and CEO of AEGIS.
“With increasing global volatility, we are committed to serving companies across industries as they manage their commodity and rate risks.”
“We are excited to bring AEGIS’ scalable technology and approach to hedging metal price risk for new and existing clients,” said Adam Jackson, CEO of Nexidus. “AEGIS has shown a commitment to continually investing in its platform and client experience. We look forward to extending our reach with any company exposed to metals, energy, and rates-pricing.”
Trilantic North America Investment
AEGIS’ acquisition of Nexidus was made in partnership with Trilantic North America, a leading private equity firm, which recently invested in the Company to support the execution of its growth strategy and accelerate its expansion across the metals, refined products, interest rates, and FOREX sectors. The Company’s co-founders, Bryan Sansbury, Chris Croom, and Justin McCrann, who serve as CEO, President, and Chief Operating Officer, respectively, continue to lead the business and have retained significant equity stakes in the Company.
“We have known Bryan and the AEGIS team for several years and have watched them build the Company into the leading software-based hedge advisory services business within the North American energy market,” said Chris Manning, Managing Partner at Trilantic North America and Chairman of Trilantic Energy Partners North America. “The acquisition of Nexidus represents an exciting first step in the Company’s next phase of growth as we look to aggressively expand AEGIS’ presence in new end markets.”
“With the Company’s industry leading software platform and focus on value-added hedge advisory services, AEGIS is uniquely positioned to capitalize on an increasingly volatile market environment and expand into adjacent areas of risk management,” added Chris Murphy, Principal at Trilantic North America. “We’re thrilled to partner with the AEGIS team.”
“Trilantic North America has a strong record of partnering with founder-led businesses to build leading-edge companies within the North American energy, services, and consumer sectors,” said Chris Croom, President of AEGIS. “The team quickly understood our growth objectives and their investment will help us leverage our existing technology platform to accelerate AEGIS’ expansion.”
Baird Capital, which first invested in AEGIS in 2019, will retain a material ownership stake.
