NANIA ENERGY ADVISORS ACQUIRES BROKER ENERGY BUSINESS FROM GOBY

Warrenville, IL (May 23, 2017)-Nania Energy Advisors, a leader in providing energy procurement and advisement services to commercial and industrial clients throughout the United States, announced they have acquired the broker energy business from Goby, creators of the commercial real estate cloud, the leading data and analytics platform for the commercial real estate industry. The acquisition was a strategic decision made easy for the two organizations which are aligned in their commitment to providing the highest level of service and energy products to their clients.

The acquisition of natural gas and electric procurement clients from Goby strengthens Nania Energy Advisors’ presence both in the Illinois energy market, where their headquarters reside, as well as in Maryland, where Nania Energy Advisors has an office dedicated to serving their east coast clients. The transfer of accounts is effective immediately. The team at Goby will work closely with Nania Energy Advisors to ensure a smooth and seamless transition.

“This change will fuel the continued focus on our core mission: creating technology that empowers the commercial real estate industry. We’ve been working closely with Nania Energy Advisors for several years, so the transfer of the procurement business to them was a natural fit,” commented Todd Brandel of Goby.

“I know that we can add value to our newly acquired clients even beyond the great service they received from Goby. As a full-service energy advisor, we are excited about this strategic acquisition. “The energy brokerage market has matured after 15+ years of existence. I see further compression of margins, and thus consolidation is a natural outcome. Our new acquisition/merger strategy will allow us to leverage the incredible infrastructure of talent, products, and services we currently offer and help us achieve our growth goals,” stated John Nania of Nania Energy Advisors.

About Nania Energy Advisors

Founded in1999, Nania Energy Advisors provides energy procurement and advisement services for over 9,000 locations in 13 states. With a deep bench of professionals, the energy advisors at Nania Energy provide their clients with one-of- a-kind solutions to their energy needs. The company’s goal is to “make energy easy to make you successful.” With offices located in Chicago, IL, Warrenville, IL and Baltimore, MD, Nania Energy is committed to providing their clients with the best service, products, and technology the energy industry has to offer.

About Goby

Goby is the leading energy management, sustainability reporting, and invoice automation platform for the commercial real estate industry. Goby helps investors and owners save time, mitigate risks, and increase NOI with powerful analytics. Founded in 2008, Goby has 68 employees and hundreds of clients who manage over 700 Million square feet from the cloud. Goby had been recognized by the U.S. EPA with an ENERGY STAR Sustained Excellence Award and is the first GRESB Premier Partner as well as an Associate Member. Additionally, Goby is a LEED Proven Provider and a SASB Advisory Partner. In 2015, Goby raised $5M in series A funding, backed by Toronto-based GreenSoil Building Innovation Fund (GBIF), with participation from existing investor, Second Century Ventures, the venture arm of the National Association of Realtors. Learn more at http://www.gobyinc.com/

For more information, please contact:

John Nania/CEO
Nania Energy Advisors
4200 Cantera Drive
Suite 219
Warrenville, IL 60555
Phone: 630-225-4551
Email: jnania@naniaenergy.com