Enverus - M&A Summary, Ownership, and Business Overview

Information ServicesCompany

Enverus M&A Summary

Enverus has acquired 16 companies of its own, including 6 in the last 5 years. A total of 3 acquisitions came from private equity firms.

Enverus’ largest acquisition to date was in 2018, when it acquired Cortex Business Solutions for $35M. Enverus has acquired in 5 different US states, and 5 countries. The Company’s most targeted sectors include software (38%) and information services (32%).

Enverus Ownership

Who owns Enverus?

Enverus is owned by Hellman & Friedman. It was acquired on April 13, 2021.

Is Enverus PE-backed?

Yes. Enverus is owned by private equity investor Hellman & Friedman.

Was Enverus formerly PE-backed?

Yes. Enverus was formerly owned by 4 private investors.

Enverus Business Overview

Where is Enverus headquartered?

Enverus is headquartered in Austin, Texas.

What sector is Enverus in?

Enverus is an information services company.

When was Enverus founded?

Enverus was founded in 1999.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity16
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 4
  • M&A Advisors 6

Enverus

Enverus

2901 Via Fortuna #200,
Austin, Texas 78746
United States,
(512) 477-9200
www.enverus.com

Enverus is a data, software, and insights company focused on the energy industry. Through its SaaS platform, Enverus provides innovative technologies and predictive/prescriptive analytics, empowering customers to navigate the future. Enverus’ solutions deliver value across upstream, midstream and downstream sectors, enabling the industry to be more collaborative, efficient and competitive. Enverus was founded in 1999 and is based in Austin, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 11 1 2 1 1 - 16
vol $35M $35M
Sell (0.0/yr) # - - - - - - 0
  16

Most Recent M&A

Company Date Value Type
CRCL Solutions LLC 2023-08-09 - Add-on Acquisition
Charlottesville, Virginia · www.crclsolutions.com
Integrity Title Co. 2021-06-15 - Add-on Acquisition
The Woodlands, Texas · www.integritytitle.com
Energy Acuity LLC 2021-03-31 - Add-on Acquisition
Denver, Colorado · www.energyacuity.com
RS Energy Group 2020-02-12 - Add-on Acquisition
Calgary, Alberta · www.rseg.com
MineralSoft 2019-01-15 - Add-on Acquisition
Austin, Texas · www.mineralsoft.com
Cortex Business Solutions, Inc. 2018-12-19 35M CAD Add-on Acquisition
Calgary, Alberta · www.cortex.net
Transzap, Inc. 2018-09-18 - Add-on Acquisition
Denver, Colorado · www.oildex.com
1Derrick Pty. Ltd. 2018-06-12 - Add-on Acquisition
, Australia · www.1derrick.com
Pattern Recognition Technologies, Inc. 2017-12-05 - Add-on Acquisition
Plano, Texas · www.prt-inc.com
Oil-Law Records 2017-11-07 - Add-on Acquisition
Oklahoma City, Oklahoma · www.oil-law.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 6 (40%) - - -
Information Services 5 (33%) - - -
Information Technology 3 (20%) 35M (100%) - -
Internet Software and Services 1 (7%) - - -
Total 15 $35M - -

By Geo

State/Country Buy Value Sell Value
United States 11 - - -
  Texas 4 - - -
  Colorado 4 - - -
  Virginia 1 - - -
  Oklahoma 1 - - -
  Illinois 1 - - -
Canada 2 35M - -
  Alberta 2 35M - -
Australia 1 - - -
Spain 1 - - -
United Kingdom 1 - - -
Domestic 11 (69%) - - -
Cross-border 5 (31%) 35M (100%) - -
Total 16 $35M - -

Top M&A Advisors

Financial Deals
Goldman Sachs
1
Vaquero Capital, Inc.
1
Legal Deals
Irell & Manella
2
Blake, Cassels & Graydon LLP
1
Ropes & Gray
1

Deal Values

buy # Total
< $100M 1 $35M
TOTAL $35M
Largest Cortex Business Solutions, Inc.
$35M (2018-12-19)

M&A Connections

Deals
Acquired from
Investor(s)
19%
3 (19%)
Strategic(s)
6%
1 (6%)

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