Posts Tagged ‘Rob Snyder’

Stream Energy Closes Acquisition with NRG and Rebrands Direct Selling Business as Kynect

Stream has completed the previously announced sale of its retail energy business to NRG Retail LLC. The closing of the transaction between Stream, a leading direct selling company and marketer of energy and wireless services, and NRG Retail, a subsidiary of NRG Energy, Inc. (NYSE: NRG), follows the receipt of all required regulatory approvals. Kynect will be the…

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Stream to Sell Retail Energy Business to NRG Energy; Will Focus on Direct Selling Business

NRG

Stream Energy announced that it has entered into a definitive agreement to sell its retail energy business to NRG Retail LLC, a subsidiary of NRG Energy, Inc. (NYSE: NRG). At closing, the Dallas, Texas-based Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive…

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Full Stream Ahead

Kynect

Dallas-based Stream continues to expand its footprint and stay at the forefront as a leader in the direct selling industry. Stream Founded: 2005 Headquarters: Dallas, TX Top Executive: Mark “Bouncer” Schiro, CEO Annual Revenue: $958 Million Products: Energy (electric and gas), wireless, protective and home services Dallas-based Stream was founded in 2005 by Rob Snyder and Pierre…

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