M&A Deal Summary

Avisto Capital Partners Acquires PetroLedger Financial Services

On May 3, 2021, private equity firm Avisto Capital Partners acquired business services company PetroLedger Financial Services

Acquisition Highlights
  • This is Avisto Capital Partners’ 2nd transaction in the Business Services sector.
  • This is Avisto Capital Partners’ 2nd transaction in the United States.
  • This is Avisto Capital Partners’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-05-03
Target PetroLedger Financial Services
Sector Business Services
Buyer(s) Avisto Capital Partners
Deal Type Consolidation

Target

PetroLedger Financial Services

San Antonio, Texas, United States
PetroLedger Financial Services provides financial and transaction services for the oil and gas industry. PetroLedger is positioned to service future clients' outsourcing requirements across multiple software platforms for any back-office support needs. PetroLedger Financial Services is based in San Antonio, Texas.

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Buyer(S) 1

DESCRIPTION

Avisto Capital Partners is a privately held investment, management and development company that looks to build and acquire regional technical consulting and accounting solutions and services for the oil and gas industry. Avisto seeks businesses with a recurring revenue base, premier service offerings, a leading regional presence and favorable relationships with existing customers. Avisto Capital Partners is based in San Antonio, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Consolidation M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 Eddye Dreyer Financial Services

Dallas, Texas, United States

Eddye Dreyer Financial Services is a bookkeeping and financial consulting firm. Eddye Dreyer Financial Services is based in Dallas, Texas.

Sell -