M&A Deal Summary

Enverus Acquires RS Energy Group

On February 12, 2020, Enverus acquired information services company RS Energy Group from Warburg Pincus

Acquisition Highlights
  • This is Enverus’ 3rd transaction in the Information Services sector.
  • This is Enverus’ 2nd transaction in Canada.
  • This is Enverus’ 2nd transaction in Alberta.

M&A Deal Summary
Date 2020-02-12
Target RS Energy Group
Sector Information Services
Buyer(s) Enverus
Sellers(s) Warburg Pincus
Deal Type Add-on Acquisition
Advisor(s) Credit Suisse Investment Banking
Jefferies (Financial)
Kirkland & Ellis (Legal)

Target

RS Energy Group

Calgary, Alberta, Canada
RS Energy Group (RSEG) is a SaaS firm delivering technology, augmented analytics and technology solutions that empowers operators, investors, midstream and service companies to make more agile, trusted decisions. Clients engage with RSEG’s high-quality data and analytics in a single-solution platform to quickly benchmark the competitive landscape, uncover M&A opportunities globally, optimize operations and more confidently allocate capital.

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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 12 of 16
Sector (Information Services) 3 of 5
Type (Add-on Acquisition) 11 of 15
State (Alberta) 2 of 2
Country (Canada) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-15 MineralSoft

Austin, Texas, United States

MineralSoft is a technology developer and service provider focused on developing solutions to manage oil & gas investments. MineralSoft was founded in 2015 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Energy Acuity

Denver, Colorado, United States

Energy Acuity is a provider of information and intelligence on renewable power and clean energy markets. Founded in 2008 with a keen focus on delivering best-in-class market insights to accelerate the clean energy transition, the company’s product suite provides comprehensive and high-quality datasets covering power generation and grid infrastructure. Energy Acuity provides clients with the analytics and awareness necessary to identify forward-looking market trends and create and execute market strategies throughout the industry.

Buy -

Seller(S) 1

SELLER

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.

DEAL STATS #
Overall 194 of 250
Sector (Information Services) 3 of 4
Type (Add-on Acquisition) 67 of 90
State (Alberta) 4 of 6
Country (Canada) 5 of 7
Year (2020) 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-11 Circles.Life

Singapore, Singapore

Circles.Life is a digital telco committed to making telecom services user-friendly and seamless. Circles.Life delivers highly customizable mobile services including voice, data, roaming and international calling, etc. that users can manage through the Circles.Life app powered by an end-to-end fully digital tech stack. The tech stack cuts down the need for manpower through automation and virtualization of most processes that telcos need to operate. Circles.Life was founded in 2013 and is based in Singapore.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-16 Superlógica Tecnologias

Campinas, Brazil

Superlógica Tecnologias is a SaaS-based ERP software and integrated financial solutions provider mainly to residential condominium management companies in Brazil. Superlógica offers several digital banking solutions fully integrated into Superlógica’s SaaS ERP, providing clients with seamless integration between day-to-day operations and financial management. Superlógica Tecnologias was founded in 2001 and is based in Campinas, Brazil.

Buy -
Mergr

Product

Company

Legal