AEGIS Hedging Acquires Ancova Energy
Baird Capital portfolio company AEGIS Hedging Solutions (“AEGIS”), a leader in hedging services and software for commodity markets, recently announced that it has acquired Ancova Energy and its affiliates (“Ancova”). Ancova is a provider of oil and gas marketing services and software based in Oklahoma City.
With the acquisition, AEGIS adds colleagues with over 300 years of collective experience in developing commercial strategies for oil & gas producers and non-ops, originating markets, negotiating midstream and marketing agreements, and scheduling, nominating, and balancing molecules — across every major basin.
“We are excited to bring a transparent approach and deeply experienced team to oil & gas marketing,” said Bryan Sansbury, Chairman and CEO of AEGIS. “Ancova’s reputation for physical market insight and service is unmatched and its software has broken new ground in revenue and contract management.”
