M&A Deal Summary

Aucerna Acquires Aclaro Softworks

On December 5, 2017, Aucerna acquired software company Aclaro Softworks

Acquisition Highlights
  • This is Aucerna’s 2nd transaction in the Software sector.
  • This is Aucerna’s 2nd transaction in Canada.
  • This is Aucerna’s 2nd transaction in Alberta.

M&A Deal Summary

Date 2017-12-05
Target Aclaro Softworks
Sector Software
Buyer(s) Aucerna
Deal Type Add-on Acquisition

Target

Aclaro Softworks

Calgary, Alberta, Canada
Aclaro Softworks, Inc. is a software development company that delivers Reserves Management systems for the Oil and Gas Industry. Their leading reserves platform, petroLook™ provides customers with comprehensive and flexible reserves workflows, analysis and reporting, integrating data from multiple sources across the organization to paint a complete picture of corporate reserves.

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Buyer(S) 1

Buyer

Aucerna

Calgary, Alberta, Canada

Category Company
Sector Software
DESCRIPTION

Aucerna is a provider of solutions for integrated planning, execution, and reserves in the energy industry. Aucerna is a global source of technology and expertise, serving more than 500 customers from 12 global offices including Calgary, Houston, London, and Singapore. Aucerna serves the energy industry’s largest base of customers, from super-majors and emerging operators to energy investors, consultants, and educational institutions. Aucerna is based in Calgary, Alberta.


DEAL STATS #
Overall 2 of 6
Sector (Software) 2 of 5
Type (Add-on Acquisition) 2 of 5
State (Alberta) 2 of 3
Country (Canada) 2 of 3
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-27 Energy Navigator

Calgary, Alberta, Canada

Energy Navigator is a provider of an O&G oil gas software capital asset management reserves management petroleum expertise support afe authorization for expenditure economic evaluation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-30 Palantir Solutions

London, United Kingdom

Palantir Economic Solutions Ltd. is a provider of solutions for integrated planning, operations and reserves. Palantir Economic Solutions Ltd. was founded in 2002 and is based in London, United Kingdom.

Buy -