capSpire Opens Sixth Global Office in Houston, Texas

capSpire has long enjoyed a presence in this dynamic city. Not only does capSpire’s largest percentage of employees—approximately one-third —already reside in Houston, but the energy industry from which capSpire derives a majority of its clients dominates the Houston economy.

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“This expansion provides a permanent home for our Houston-based team members and enables us to work more closely with our clients and partners in the energy industry, especially oil and gas,” says Lance Laubach, Chief Executive Officer. “By opening a Houston office, we underscore our commitment to enhancing collaboration with our clients. This move also provides us with more opportunities to establish new partnerships and expand our reach into the thriving Texas economy.”

With a majority of the Houston-based employees working primarily in the area of commodity/energy trading and risk management (C/ETRM) consulting, we continue to uphold capSpire’s mission to streamline clients’ commodity-management functions for crude, natural gas, refined products, NGLs, coal, and agriculture.

In addition to having a significant professional presence in Houston, capSpire has also served as an active member of the community. During the holiday season, capSpire employees volunteer at the Houston Food Bank to help distribute meals to families in need. capSpire is also a proud Grand Gold sponsor of the Sugar Land Youth Cricket Club to help give children the opportunity to try a new and fun sport while learning the value of teamwork.

The success of capSpire’s suite of products and services has played a critical role in helping the company expand globally. Fortune 500 companies have quickly adopted capSpire’s software solutions in the energy space because of the high ROI. Gravitate, has revolutionized the way in which companies communicate with their clients and allows them to execute trades online in real-time. capSpire’s Optimization Platform helps companies increase margins by aggregating data from multiple systems to optimize inventory levels, reduce supply-chain complexities, and plan for multiple supply/demand scenarios.

“We look forward to continuing capSpire’s incredible momentum. Over time, we plan to grow our Houston office and hire additional talent from the immense pool of qualified candidates in this area,” says Mike Scharf, Co-Founder. “Additionally, Houston’s status as a world-class destination with a thriving arts, cultural, dining, and entertainment scene makes this a great place to work, live, and draw upon multiple sources of inspiration and creativity. It’s just a great place to be, period.”

About capSpire
capSpire provides the unique combination of industry knowledge and business expertise required to deliver impactful business solutions. Trusted by some of the world’s leading companies, capSpire’s team of industry experts and senior advisors empowers its clients with the business strategies and solutions required to effectively streamline business processes and attain maximum value from their supporting IT infrastructure. For more information, please visit http://www.capspire.com.