M&A Deal Summary

Computer Modelling Group Acquires Sharp Reflections

On November 12, 2024, Computer Modelling Group acquired software company Sharp Reflections for 25M EUR

Acquisition Highlights
  • This is Computer Modelling Group’s 2nd transaction in the Software sector.
  • This is Computer Modelling Group’s 0th largest (disclosed) transaction.
  • This is Computer Modelling Group’s 1st transaction in Germany.

M&A Deal Summary
Date 2024-11-12
Target Sharp Reflections
Sector Software
Buyer(s) Computer Modelling Group
Deal Type Add-on Acquisition
Deal Value 25M EUR

Target

Sharp Reflections

Kaiserslautern, Germany
Sharp Reflections specializes in seismic processing and interpretation platforms for geophysicists and quantitative interpreters. Sharp Reflections was founded in 2010 and is based in Kaiserslautern, Germany.

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Buyer(S) 1

Buyer

Computer Modelling Group

Calgary, Alberta, Canada
Category Company
Founded 1978
Sector Software
Employees287
Revenue 109M CAD (2024)
DESCRIPTION

Computer Modelling Group is a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services. Computer Modelling Group was founded in 1978 and is based in Calgary, Alberta.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Germany) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-25 Bluware

Houston, Texas, United States

Bluware is a privately-owned company that produces game-changing solutions for the most challenging objectives in the petrotechnical world. Bluware’s Headwave software platform is used by some of the biggest names in E&P to accelerate digital transformation initiatives, delivering both near-term ROI and long-term strategic value. Working in close collaboration with industry leaders, Bluware develops software that leaps ahead of long-time established offerings to drive business innovation and a whole new way of working. Bluware was founded in 1987 and is based in Houston, Texas.

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