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  6. Enverus Acquires Pearl Street Technologies

M&A Deal Summary

Enverus Acquires Pearl Street Technologies

On March 13, 2025, Enverus acquired software company Pearl Street Technologies

Acquisition Highlights
  • This is Enverus’ 7th transaction in the Software sector.
  • This is Enverus’ 13th transaction in the United States.
  • This is Enverus’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2025-03-13
Target Pearl Street Technologies
Sector Software
Buyer(s) Enverus
Deal Type Add-on Acquisition

Target

Pearl Street Technologies

Pittsburgh, Pennsylvania, United States
Pearl Street Technologies is a company focused on developing software solutions to address challenges in the energy sector, particularly in streamlining interconnection studies for renewable energy projects. Pearl Street Technologies was founded in 2018 and is based in Pittsburgh, Pennsylvania.

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Buyer(S) 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. 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.

DEAL STATS #
Overall 17 of 17
Sector (Software) 7 of 7
Type (Add-on Acquisition) 16 of 16
State (Pennsylvania) 1 of 1
Country (United States) 13 of 13
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 BidOut

Houston, Texas, United States

BidOut is an AI-powered procurement platform specializing in requests for anything (RFx). The Company's mission is to put more control in the hands of the suppliers and streamline the bidding process for engineering, supply chain and procurement on one easy-to-use platform. BidOut was founded in 2020 and is headquartered in Houston, Texas.

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