Houston energy tech company Molecule makes gas operations acquisition. Jul 31, 2026, 12:00 pm Houston-based energy trading risk management (ETRM) software company Molecule has announced the acquisition of Dallas-based Trilogy Energy Solutions. Molecule CEO Patrick Smith called the deal a "defining moment" for the company, as it allows Molecule's platform to expand to include physical gas operations. "For years, this industry has drawn the ETRM box too small, creating inefficient silos by treating trading and physical operations as separate budgets and separate problems, when the real cost lives in the handoffs between them," Smith said in a news release. "Trilogy's domain expertise in physical gas operations closes that gap. Together, we can give producers, midstream operators, and trading desks something the market has been asking for: a single, integrated view from wellhead to trading desk, without the manual reconciliation, spreadsheet workarounds, and legacy handoffs that slow the industry down." Trilogy, founded in 2014, is a provider of cloud-based software for the day-to-day logistics of physical natural gas operations. The platform allows users - including producers, marketers, midstream companies, pipeline operators and others - to manage activities such as pipeline nominations, gas gathering operations and more. Thus far, Molecule's platform has focused on energy trading and managing financial and commercial activities. Through the acquisition, the combined company will now offer a full-stack enabled ETRM and energy operating system. Users of both platforms can expect continuity of service, according to the companies. "Molecule has always been about meeting trading teams where they actually work, focused on being fast, accurate, and deeply integrated into their day-to-day workflow," Sameer Soleja, founder and president of Molecule, added in the release. "Bringing Trilogy into the Molecule family extends that mission from the trading desk into the physical operations of the gas business. The two platforms complement each other exceedingly well, and the combined product will be able to offer all-in-one capabilities that lead the ETRM market, both in its tech-forward nature, and in its depth." Molecule expects the combined platform to help users reduce manual month-end close work, cut costs, and improve data accuracy and decision-making. Trilogy's Chief Product Officer Jeremy Frye will join the Molecule team, along with others from Trilogy. "Trilogy has spent decades building the trust of companies across the physical natural gas industry by delivering software that stands up to the demands of physical gas operations... It's a rare combination that brings the best of both worlds, and I'm energized about what our teams will build together," Frye added in the release. California-based Sundance Growth, an existing investor in Molecule, supported the acquisition. The software growth equity firm raised a $125 million debut fund in 2025 and focuses on B2B SaaS companies. Sundance led Molecule's Series B round, which closed last summer for an undisclosed amount. At the time, Soleja said the funding would allow Molecule to "double down on product innovation, grow our team, and reach even more markets." energy impact data center venture m&a activity EnergyCapitalHTX emails are awesome. A view from HETI. The View from HETI m&a activity Aug 3, 2026, 8:30 am Zupt works to solve marine construction and inspection challenges for offshore energy and renewable projects. Photo via LinkedIn Houston-based Zupt LLC, a provider of advanced metrology, inspection, and engineering services for offshore energy and renewable projects, has been acquired by Columbus, Ohio-based Rosenxt Holding USA for an undisclosed amount. Rosenxt says the deal, which closed July 21, represents another step in its long-term strategy to build a portfolio of technology and engineering capabilities for the subsea market in the energy sector. "Our ambition has always been to think decades ahead," Hermann Rosen, chairman of Switzerland-based Rosenxt Group, the parent company of Rosenxt Holding USA, said in a news release. "The future of subsea and offshore industries will be shaped by intelligent technologies that fundamentally change how critical infrastructure is explored, installed, inspected and operated," he added. "Zupt is another important building block in this vision." Rosenxt says offshore operators and installation contractors face pressure to execute subsea projects more efficiently amid workforce shortages, weather concerns, tougher safety standards, and rising capital and operating expenses. "The offshore sector continues to embrace technologies that enhance data quality, reduce operational risk, and improve decision-making across the asset lifecycle," Houston M&A attorney Amelia Zhang, who led law firm Norton Rose Fulbright's representation of Zupt, added in the release. Rosenxt provides services for the subsea market that combine sensing, robotics, AI, analytics and engineering. Zupt complements those services with offerings for operations, such as high-resolution 3D inspection, digital twin generation, and inspection and engineering technologies for subs. Zupt President Keith Vickery founded the company in 2005. Vickery says Zupt "has focused on solving some of the subsea industry's most demanding marine construction and inspection challenges through innovative engineering, operational experience, and close collaboration with our customers." Mordor Intelligence estimates the value of the subsea market will climb from $19.75 billion this year to $25.03 billion in 2031. North America represents the largest segment of the global market.

Molecule combines physical and financial gas trading with acquisition of Trilogy Energy Solutions. HOUSTON, TX - 23 July 2026 - Molecule, the next-generation energy trading and risk management (ETRM) platform, today announced the acquisition of Trilogy Energy Solutions, a cloud-native software provider for physical natural gas operations serving producers, marketers, midstream companies, pipeline operators, storage operators, and physical trading organizations across North America. This strategic combination brings together Molecule's modern, API-first ETRM capabilities with Trilogy's deep expertise in physical gas operations, including gas gathering and plant allocations, pipeline nominations and scheduling, and producer settlements. Together, the combined company will deliver a full-stack, AI-enabled ETRM and energy operating system that is purpose-built to unify the physical-to-financial workflow for energy producers, midstream operators, traders, and financial institutions. "Molecule has always been about meeting trading teams where they actually work, focused on being fast, accurate, and deeply integrated into their day-to-day workflow," said Sameer Soleja, Founder and President of Molecule. "Bringing Trilogy into the Molecule family extends that mission from the trading desk into the physical operations of the gas business. The two platforms complement each other exceedingly well, and the combined product will be able to offer all-in-one capabilities that lead the ETRM market, both in its tech-forward nature, and in its depth." Advertising Customers will benefit from a unified platform designed to reduce manual month-end close work, improve data accuracy across physical and financial positions, and enable faster, more informed decision-making. The combined offering aims to lower back-office costs, accelerate onboarding, and expand product breadth for customers active in both gas and power markets. "This acquisition represents a defining moment for Molecule and for the community we serve," said Patrick Smith, CEO of Molecule. "For years, this industry has drawn the ETRM box too small, creating inefficient silos by treating trading and physical operations as separate budgets and separate problems, when the real cost lives in the handoffs between them. Trilogy's domain expertise in physical gas operations closes that gap. Together, we can give producers, midstream operators, and trading desks something the market has been asking for: a single, integrated view from wellhead to trading desk, without the manual reconciliation, spreadsheet workarounds, and legacy handoffs that slow the industry down." The transaction was supported by Sundance Growth, whose continued investment underscores confidence in the combined company's performance, growth strategy, and market opportunity. "Molecule and Trilogy each earned strong reputations in their respective corners of the energy software market, and the strategic logic of bringing them together is compelling," said Christian Stewart, Founder and Managing Partner of Sundance Growth. "This combination creates a category-leading platform that gives customers a modern, cloud-native alternative to the legacy solutions they rely on today. We are proud to continue partnering with the Molecule team as they enter this next chapter." "Trilogy has spent decades building the trust of companies across the physical natural gas industry by delivering software that stands up to the demands of physical gas operations," said Jeremy Frye, CPO of Trilogy Energy Solutions. "Joining Molecule gives our customers access to a modern, cloud-native platform, advanced AI capabilities, and an integrated energy data platform, along with a broader product roadmap, while preserving the deep domain expertise and reliability they count on every day. It's a rare combination that brings the best of both worlds, and I'm energized about what our teams will build together." Frye and the Trilogy team will be joining Molecule to leverage Molecule's platform, accelerate product innovation, and expand service offerings, while capitalizing on Trilogy's physical gas operations expertise. Customers of both organizations can expect continuity of service, along with new capabilities that enhance visibility, automation, and performance across their physical and financial operations. About Molecule Founded in 2012 and based in Houston, TX, Molecule provides a cloud-native ETRM/CTRM system for energy traders, asset managers, and financial institutions. The platform supports trade capture, risk management, settlements, and reporting across power, gas, renewables, crude oil, metals, and more. Designed with an API-first approach, Molecule integrates seamlessly into the modern trading stack. Visit molecule.io to learn more. About Trilogy Energy Solutions Trilogy Energy Solutions is a cloud-native software provider for physical natural gas operations serving producers, marketers, midstream companies, pipeline operators, storage operators, and physical trading organizations across North America. Trilogy's platform handles physical gas operations including gathering, plant allocations, pipeline nominations, and producer settlements, and is complemented by a modern API layer that enables integration with adjacent trading, risk, and accounting systems. Visit trilogyes.com/ to learn more. About Sundance Growth Founded by Christian Stewart, a former Accel-KKR investor, Sundance Growth is a growth equity firm focused on investing growth capital into mission-critical, B2B SaaS companies. The firm raised a $125 million debut fund in 2025, backed by leading institutional investors. Sundance provides founders with flexible capital and hands-on support to help companies grow and scale organically and through strategic M&A. The firm partners closely with management teams to accelerate go-to-market execution, product expansion, and operational excellence. Visit www.sundancegrowth.com to learn more. Companies that might interest you. You may also be interested in. Published 22 July 2026 23 July 2026 Disclaimer: This was news article was published by another website and was republished on the CTRM Center due to its informative merit and relative nature. If you have any issue with this post please contact CTRM Center