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M&A Deal Summary

Petroleum Experts Acquires NSI Management Company

On February 7, 2011, Petroleum Experts acquired software company NSI Management Company

Acquisition Highlights
  • This is Petroleum Experts’ 1st transaction in the Software sector.
  • This is Petroleum Experts’ 1st transaction in the United States.

M&A Deal Summary
Date 2011-02-07
Target NSI Management Company
Sector Software
Buyer(s) Petroleum Experts
Deal Type Add-on Acquisition
Advisor(s) Simmons & Company (Financial)

Target

NSI Management Company

United States
NSI Management Company (NSI Upstream or NSI) works on development, marketing, implementation, integration and support of its Oil Field Commander (OFC) software. OFC bridges the gap between real-time and historical data sources and sophisticated petroleum engineering analytical & modeling tools.

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Buyer(S) 1

Buyer

Petroleum Experts

Edinburgh, United Kingdom
Category Company
Founded 1990
Sector Software
DESCRIPTION

Petroleum Experts (Petex) is an engineering company which develops a set of petroleum engineering software tools. All members of the team are from a petroleum engineering or engineering software development background with extensive experience in petroleum engineering.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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