M&A Deal Summary

Enverus Acquires Ponderosa Energy - Product Lines And Services

On November 15, 2016, Enverus acquired information technology company Ponderosa Energy - Product Lines And Services from Ponderosa Energy

Acquisition Highlights
  • This is Enverus’ 1st transaction in the Information Technology sector.
  • This is Enverus’ 4th transaction in the United States.
  • This is Enverus’ 2nd transaction in Colorado.

M&A Deal Summary
Date 2016-11-15
Target Ponderosa Energy - Product Lines And Services
Sector Information Technology
Buyer(s) Enverus
Sellers(s) Ponderosa Energy
Deal Type Divestiture

Target

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.

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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 4 of 16
Sector (Information Technology) 1 of 4
Type (Divestiture) 1 of 1
State (Colorado) 2 of 4
Country (United States) 4 of 12
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 GlobalView Software

Chicago, Illinois, United States

GlobalView, an award-winning provider of analytics, risk management, and data management solutions for global energy and agricultural companies. The GlobalView flagship product, MarketView allows companies across the energy supply chain, risk marketers, and other commodities investors to monitor price movements and manage and assess risk through their trading operations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-04 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.

Buy -

Seller(S) 1

SELLER

Ponderosa Energy

Denver, Colorado, United States
Category Company
Sector Information Technology
DESCRIPTION

Ponderosa Energy leverages state-of-the-art, proprietary databases and analytical tools to provide customers with detailed market intelligence for investment in crude oil, natural gas and NGL markets.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
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