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  6. PakEnergy Acquires Petrosight

M&A Deal Summary

PakEnergy Acquires Petrosight

On January 7, 2025, PakEnergy acquired software company Petrosight

Acquisition Highlights
  • This is PakEnergy’s 4th transaction in the Software sector.
  • This is PakEnergy’s 1st transaction in Canada.
  • This is PakEnergy’s 1st transaction in Alberta.

M&A Deal Summary
Date 2025-01-07
Target Petrosight
Sector Software
Buyer(s) PakEnergy
Deal Type Add-on Acquisition

Target

Petrosight

Calgary, Alberta, Canada
Petrosight is a provider of advanced well management software that delivers cutting-edge well management technology to streamline operations and provide actionable insights across a well's full lifecycle. Petrosight was founded in 2011 and is based in Calgary, Alberta.

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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 4 of 4
Sector: Software M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-20 Plow Technologies

Oklahoma, Oklahoma, United States

Plow Technologies provides digital transformation and automation products and consulting services to a wide range of companies in oil and gas, manufacturing, renewable energy, facilities management, and more. Plow Technologies is based in Oklahoma City.

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