Allegro is a leading provider of energy trading and risk management (“ETRM”) software
Headquartered in Dallas, TX Allegro provides software and services that allow energy companies worldwide to effectively manage their trading activities. The software aggregates energy companies’ contracts to buy and sell commodities with their physical positions and provides position reporting, valuation, risk analysis, and accounting functions within a single pane of glass. This allows energy companies to have full transparency into their trading positions, reduce exposure to market volatility, and ensure compliance with industry regulations.
Insight & Approach
Vector identified Allegro Development as a leader in the attractive, growing market for software and services to the energy sector. With a blue-chip roster of leading global energy and utility companies, Allegro has a strong reputation for quality and innovation in the industry. Vector partnered with the founder of Allegro to recapitalize the company in July 2014.
Vector Value Add
Since the acquisition, Vector has augmented the Company’s leadership, repositioned the company for expansion into new verticals and geographies, and increased investment in product development.