Pyxis Group and Principia Consulting launch joint venture

Pyxis Group, a Houston-based industrial sector advisory firm, has formed a joint venture with Principia Consulting, a Singapore-based commodity trading and risk management (CTRM) software implementation firm.

The joint venture, which combines the complementary capabilities and geographical footprints of the two boutique firms, will serve clients in the global commodity and energy markets.

Pyxis brings deep expertise advising midstream and downstream oil and gas clients on M&A and operational transformation. The firm has 26 employees listed on LinkedIn and offices in Houston and Switzerland.

Principia works with energy, agricultural, soft commodities, and metals trading clients on CTRM implementations for software including Aspect, Openlink Endur, RightAngle, and Allegro. The firm has 27 employees listed on LinkedIn and offices in Singapore, India, and Dubai.

“We have invested heavily in Aspect, Endur, RightAngle, and other CTRMs because those are the platforms that power some of the most important commodity trading businesses in the world, and our clients expect us to know them inside out,” said Doug Gyani, CEO and founder of Principia Consulting. “The breadth of our platform coverage, combined with Pyxis’s core advisory capabilities spanning M&A, business transformation, and organizational change management means we can now serve clients across a far wider range of sectors and geographies than either firm could reach alone.”

Together, Pyxis and Principia will offer clients a seamless solution spanning operating model design, system selection, full CTRM implementation, middle office build, organizational change management, and trade lifecycle automation.

“The commodity and energy markets have never been more complex, and clients are telling us they need a partner who can do more than one thing well,” said Matt Flanagan, partner at Pyxis Group.