M&A Deal Summary

PakEnergy Acquires Plow Technologies

On August 20, 2024, PakEnergy acquired software company Plow Technologies

Acquisition Highlights
  • This is PakEnergy’s 3rd transaction in the Software sector.
  • This is PakEnergy’s 3rd transaction in the United States.
  • This is PakEnergy’s 2nd transaction in Oklahoma.

M&A Deal Summary
Date 2024-08-20
Target Plow Technologies
Sector Software
Buyer(s) PakEnergy
Deal Type Add-on Acquisition

Target

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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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 3 of 3
Sector (Software) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Oklahoma) 2 of 2
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS 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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