IFS Energy & Resources Acquires Softeon

IFS Energy & Resources is an independent provider of software and data solutions exclusively serving the upstream oil and gas, mining, and resource industries. Professionals from more than 1,700 companies globally rely on IFS’s integrated oil and gas data, land, accounting, and production solutions to optimize their business processes and performance. IFS Energy and Resources possesses more than 90 years of experience in data and 30 years in software and has offices around the world. IFS Energy & Resources is based in Denver, Colorado.

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.