Saracen Energy acquires FuelQuest

An investment fund managed by Houston-based Saracen Energy Advisors has acquired FuelQuest, a privately held Houston-based provider of information technology, supply chain management and tax automation technologies. Its customer base includes the downstream petroleum complex, fuel retailers, fuel suppliers, distributors, trading firms and large transportation companies.

The acquisition will provide FuelQuest with substantial additional capital support to continue to grow its existing fuel man

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