M&A Deal Summary

PakEnergy Acquires Conquest RT

On August 2, 2018, PakEnergy acquired software company Conquest RT

Acquisition Highlights
  • This is PakEnergy’s 1st transaction in the Software sector.
  • This is PakEnergy’s 1st transaction in the United States.
  • This is PakEnergy’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2018-08-02
Target Conquest RT
Sector Software
Buyer(s) PakEnergy
Deal Type Add-on Acquisition

Target

Conquest RT

Woodward, Oklahoma, United States
Conquest RT LLC is a developer of a mobile solution app for the collection and processing of tickets for crude oil processing, processed fluids and dry bulk goods. Conquest RT is based in Woodward, Oklahoma.

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Buyer(S) 1

Buyer

PakEnergy

Abilene, Texas, United States

Category Company
Founded 1986
Sector Software
DESCRIPTION

PakEnergy is a provider of enterprise resource planning (ERP) and accounting software to the oil and gas industry, including oil and gas operators, midstream companies and mineral rights investors. PakEnergy was founded in 1986 and is based in Abilene, Texas.


DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Oklahoma) 1 of 2
Country (United States) 1 of 3
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-19 DocVue

Morrison, Colorado, United States

DocVue is a provider of imaging, document management, and workflow software. DocVue makes access to lease records, contracts, AFEs, invoices, MSA’s, Plant Statements, and other critical documents easy, safe and secure. DocVue software suite automates and streamlines labor-intensive, paper-based processes and ensures that information is accessible to the right people at the right time to support better decision making. DocVue was founded in 1996 and is based in Morrison, Colorado.

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