Add-on Acquisition • Internet Software and Services

Enverus Acquires DataGenic

On October 4, 2017, Enverus acquired internet software and services company DataGenic

Acquisition Context
  • This is Enverus’ 1st transaction in the Internet Software and Services sector.
  • This is Enverus’ 1st transaction in the United Kingdom.

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M&A Deal Summary

Date October 4, 2017
Target DataGenic
Sector Internet Software and Services
Buyer(s) Enverus
Deal Type Add-on Acquisition

Target Company

DataGenic

London, United Kingdom
DataGenic Ltd. is a provider of on-premise and in-cloud Smart Commodity Data Management software, delivering intelligent analytics, real-time data content and proven business value. The innovative solutions include a data-agnostic multi-commodity data management platform, visual mapping and management of business processes, extensive and extensible data quality management, unlimited forward curves construction and an intelligent decision framework.
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Buyer Overview 1

Buyer

Enverus

Austin, Texas, United States

Category Company
Founded 1999
Sector Information Services
DESCRIPTION

Enverus is a data, software, and insights company focused on the energy industry. The Company’s products are used by engineers, executives, investors, and accountants to manage a variety of mission critical workflows in the energy world, including asset valuation, asset development, energy production, ESG compliance, strategic sourcing, and back-office automation. Enverus was founded in 1999 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 5 of 17
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 4 of 16
Country: United Kingdom 1 of 1
Year: 2017 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 Ponderosa Energy - Product Lines And Services

Denver, Colorado, United States

Ponderosa Energy - Product Lines And Services includes production forecast tools such as The Fundamental Edge, a subscription-based market outlook service, and PRODcast, an online tool that allows users to run forecast scenarios specific to their needs in real time.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-07 Oil-Law Records

Oklahoma City, Oklahoma, United States

Oil-Law Records is one of the first oil and gas industry information providers in the U.S. Throughout its 62-year history, Oil-Law Records has developed an unrivaled reputation for quality records-keeping and timely updates used in the exploration and production of oil and gas.

Buy -