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New Deal


Announced

Completed

Genstar Capital-backed Enverus completed the acquisition of RS Energy Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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oil and gas technology

Private Equity

upstream energy

Majority

Friendly

Acquisition

United States

Integrated Oil and Gas

Private

Single Bidder

Completed

Merger

Domestic

Disposal

Synopsis

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Genstar Capital-backed Enverus, an energy SaaS and data analytics company, completed the acquisition of RS Energy Group, an innovative technology firm focused in the upstream oil & gas industry. Financial terms were not disclosed. "This is about accelerating innovation through high-powered technology and is another active step for Enverus in breaking down silos by building workflows across engineering, geology, land, operations, and so much more. Our aligned vision, client-centric focus, and a relentless commitment to innovation will help our customers solve their most complex challenges. These values will never change," Jeff Hughes, Enverus CEO and President.

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