Like petroWEB Inc.

closed 2/21/2019 via GlobeNewswire

EnergyIQ, acquired petroWEB Inc.

synopsis: EnergyIQ, the leader in data management solutions for the oil and gas industry, announced the acquisition of key assets from petroWEB including the EnterpriseDB, Navigator, and Gateway platforms. petroWEB is a global technology and software solutions provider to the Energy industry.
buyer: EnergyIQ
EnergyIQ is the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics. "
target: petroWEB Inc.
petroWEB is a global technology and software solutions provider to the Energy industry. For more than 25 years, E&P companies have relied on petroWEB solutions to maximize the potential of their most valuable asset, their data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2020 via BusinessWire

Cubic Corporation, acquired PIXIA Corp

synopsis: Cubic, a market-leading global provider of innovative, mission-critical solutions, has acquired PIXIA, the industry leader in high-performance scalable data access solutions. PIXIA offers cloud-based platforms designed to access and manage large amounts of imagery data, wide-area motion imagery and geospatial data for U.S. intelligence agencies.
buyer: Cubic Corporation (CUB:$1,496.48)
Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR, and training customers worldwide to decrease urban congestion and improve the militaries’ effectiveness and operational readiness. "
target: PIXIA Corp
PIXIA is the industry leader in high-performance scalable data access solutions. PIXIA offers cloud-based platforms designed to access and manage large amounts of imagery data, wide-area motion imagery and geospatial data for U.S. intelligence agencies and other government customers.
price ($mm)
$200*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/21/2019 via PR Web

Wolfepak Software, acquired Landpro Software

synopsis: WolfePak Software (WolfePak), a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry, has acquired LandPro Corp, a leading provider of tract-based land and GIS software solutions for the coal, mineral, oil and gas industries.
buyer: Wolfepak Software
WolfePak Software is a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry. WolfePak's software packages can be customized with additional modules to meet more complex accounting and reporting needs as their client's business grows. "
target: Landpro Software
LandPro Corp is a leading provider of tract-based land and GIS software solutions for the coal, mineral, oil and gas industries. LandPro Corp helps companies save time and money by eliminating duplicate data entry and data silos as well as granting immediate access to reports, maps, and documents.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/2/2012 via BusinessWire

Landmark Software and Services, acquired Petris Technology, Inc.

synopsis: Landmark Software and Services, a Halliburton business line, announced that it has acquired Petris Technology, a leading supplier of data-management and integration solutions to the global energy industry. The acquisition positions Halliburton with a unique capability within the upstream oil and gas industry.
buyer parent: Halliburton Company
buyer: Landmark Software and Services
Landmark's integrated software and services help the upstream oil and gas industry turn critical information into useful knowledge. With this knowledge, their clients can see further, deeper, more accurately and more comprehensively than ever. "
target: Petris Technology, Inc.
Petris Technology, Inc. provides data management and integration solutions for oil and gas companies internationally. It offers enterprise information and business intelligence solutions, such as Analytics that provides business intelligence reports and online dashboards.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/23/2010 via Market Wire

TIBCO Software Inc., acquired OpenSpirit Corporation

synopsis: TIBCO Software Inc. announced that it has acquired OpenSpirit Corporation, a leading independent provider of data and application integration solutions for the exploration and production segment of the global oil and gas market.
buyer: TIBCO Software Inc. (TIBX:$1,076.23)
TIBCO Software Inc. provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. TIBCO gives leading organizations around the world better awareness and agility–what TIBCO calls The Power of Now®. "
target: OpenSpirit Corporation
OpenSpirit is a provider of data and application integration software for oil and gas exploration and production companies. OpenSpirit's software products assist geologists and geophysicists in gathering data from multiple sources for determining the likelihood of finding oil, gas or condensates.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/27/2022 via BNC Analysis

Sogelink SAS, acquired LOCATIQS

synopsis: Sogelink, a provider of software solutions for infrastructure, construction, has completed the acquisition of the LOCATIQS Group. Headquartered in Nieuwegein in the Netherlands, LOCATIQS was founded through the combination of Dutch software companies GOconnectIT and Geodan in 2021.
buyer parent: Keensight Capital
buyer: Sogelink SAS
France-based Sogelink designs, develops, and markets software and SaaS solutions intended to simplify and optimise complex business processes in the building site, infrastructure, and property management industry. It is also the number one provider of topographic software. "
target parent: Main Capital Partners BV
target: LOCATIQS
Netherlands-based LOCATIQS was founded through the combination of Dutch software companies GOconnectIT and Geodan in 2021. It is a specialist in product software solutions and complementary consultancy in the geographic information systems (“GIS”) and field service management (“FSM”) markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/4/2019 via GlobeNewswire

MISTRAS Holdings Group, acquired New Century Software Inc.

synopsis: MISTRAS Group, a leading, “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure, has acquired New Century Software, a leading provider of pipeline integrity management software and services to energy transportation companies.
buyer: MISTRAS Holdings Group (:$740.33)
MISTRAS is a leading "one source" global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure. "
target: New Century Software Inc.
New Century Software delivers pipeline integrity management software and services to energy transportation companies. New Century Software's flexible solutions empower organizations to manage pipeline integrity data and navigate regulatory compliance, ensuring safety and reliability.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/29/2017 via Company Press Release

Main Capital Partners BV, acquired GOconnectIT B.V.

synopsis: Main Capital has acquired a majority stake in the fast-growing GIS and Field Service Management specialist GOconnectIT from Nieuwegein. GOconnectIT supplies leading and innovative SaaS solutions for the underground cable and pipeline industry, supporting customers in optimizing their administrative processes.
buyer: Main Capital Partners BV
Main Capital is a private equity investor with an exclusive focus on the software sector in the Benelux and DACH area. Within this sector, they are the most specialized company in management buyouts and later-stage growth capital. "
target: GOconnectIT B.V.
For fifteen years, GOconnectIT has been offering innovative and specialist ICT solutions for the infra world. GOconnectIT has a sole focus on the cable and pipeline industry. The company does this with very progressive software solutions for GIS and field service automation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/22/2012 via Market Wire

Jonas Software, acquired New Century Software Inc.

synopsis: Constellation Software Inc. announced that its wholly-owned subsidiary, Gary Jonas Computing Ltd has completed the acquisition of New Century Software Inc. The New Century acquisition expands Jonas' presence in the construction market. New Century Software offers pipeline GIS solutions for the oil and gas industry.
buyer parent: Constellation Software, Inc.
buyer: Jonas Software
Jonas Software is the leading provider of enterprise management software solutions to the Club, Foodservice, Construction, Leisure Fitness & Sports, Attractions, Metal Service Centers, Moving & Storage and Education industries. "
target: New Century Software Inc.
New Century Software, Inc. is a privately held company that is providing consulting, data conversion, integrity management, and software development. Located in Fort Collins, Colorado, New Century has provided services for most of the major integrated energy companies and pipeline operators.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/29/2021 via Company Press Release

Wolfepak Software, acquired ScoutFDC

synopsis: WolfePak Software, a leading provider of business automation cloud solutions for the oil and gas industry, announced the acquisition of the ScoutFDC. ScoutFDC is a cloud-based software-as-a-service (SaaS) product and mobile application that automates the collection, monitoring, reporting and analysis of oil & gas production data.
buyer parent: Charlesbank Capital Partners LLC
buyer: Wolfepak Software
WolfePak Software is a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry. WolfePak's software packages can be customized with additional modules to meet more complex accounting and reporting needs as their client's business grows. "
target: ScoutFDC
ScoutFDC is a cloud-based software-as-a-service (SaaS) product and mobile application that automates the collection, monitoring, reporting and analysis of oil & gas production data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/16/2020 via BNC Analysis

Geologic Systems Ltd., acquired SubsurfaceIO

synopsis: geoLOGIC announced the acquisition of SubsurfaceIO (SSIO), a digital technology provider of oil & gas cloud-based mapping & analytics solutions that connect and integrate public & proprietary data. Based in Houston, Texas, SSIO’s modern and intuitive platform eliminates the requirement for continual data handling.
buyer parent: BV Investment Partners
buyer: Geologic Systems Ltd.
geoLOGIC systems ltd. is based in Calgary, Alberta and has been providing high-quality, integrated data and software decision support systems to the upstream oil and gas industry in Western Canada and elsewhere for over thirty years. "
target: SubsurfaceIO
SubsurfaceIO (SSIO) is a digital technology provider of oil & gas cloud-based mapping & analytics solutions that connect public & proprietary data, enabling data access for users across teams. Based in Houston, Texas, SSIO’s platform eliminates the requirement for continual data handling.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/19/2018 via Company Press Release

Pandell, acquired LandWorks, Inc.

synopsis: Pandell Technology Corporation, a pioneer of Software-as-a-Service (SaaS) solutions to the energy industry, announced that it has acquired LandWorks, Inc., a Houston-based provider of land asset management and GIS solutions.
buyer: Pandell
Pandell is a software company that delivers industry specialized Software-as-a-Service solutions to energy companies globally. Its web-based product suite helps finance, land, and operations teams effectively run their business; while its enterprise division builds and manages .NET web applications."
target: LandWorks, Inc.
LandWorks, Inc. provides land asset management and GIS software to companies in oil & gas, renewable wind energy, utilities, pipelines, and mining. They have a proven track-record of being the first to solve land management challenges and improve the way land professionals work on a daily basis.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/28/2011 via PR Newswire

MAPSearch, acquired eMarket Software, Inc.

synopsis: PennWell Corporation has acquired the assets of eMarket Software, Inc., a Fort Worth, Texas company offering mapping products and services to energy industry. eMarket Software has created a sophisticated mapping and database platform that will become the web-based mapping platform for PennWell's MAPSearch business.
buyer parent: PennWell Corporation
buyer: MAPSearch
Combining the best of spatial accuracy, comprehensive coverage, robust attribute data, and exceptional customer services, MAPSearch offers a unique data service suitable for merger analysis, project sighting, system planning, investment evaluation and more. "
target: eMarket Software, Inc.
eMarket Software, Inc. is a Fort Worth, Texas company offering mapping products and services to the energy industry. eMarket Software has created a sophisticated mapping and database platform.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/10/2010 via BusinessWire

Itron, Inc., will acquire Asais

synopsis: Itron Inc. announced that it has reached an agreement to acquire Asais, an energy information management software and consulting services provider, headquartered in France, for an undisclosed sum. The transaction is expected to be completed in the first quarter of 2011.
buyer: Itron, Inc. (ITRI:$1,983.25)
Itron is dedicated to delivering end-to-end smart grid and smart distribution solutions to electric, gas and water utilities around the globe. Itron is the world’s leading provider of smart metering, data collection and utility software systems. "
target: Asais
Asais is a leader in energy information management and multi-vendor data collection capabilities. For the past 25 years, the company has developed and implemented advanced energy information management solutions through state-of-the-art software and online services.
price ($mm)
$5.10
rev ($mm)
$6
EBITDA ($mm)
EV / rev
1.8x
EV / EBITDA
closed 12/14/2008 via PR Newswire

Sercel S.A., acquired Quest Geo Solutions Limited

synopsis: CGGVeritas announced that its subsidiary Sercel has entered into a private transaction to purchase all existing shares in Quest Geo Solutions Limited ("Quest"), a UK-based software company, for a cash consideration.
buyer parent: CGGVeritas
buyer: Sercel S.A.
Sercel designs, manufactures and support a full range of high-tech integrated equipment for hydrocarbon exploration in land, transition zone, ocean-bottom cable, marine, and down-hole environments. "
target: Quest Geo Solutions Limited
Quest Geo Solutions Limited was formed in May of 2003 to develop geoscience software tools primarily in the field of geophysics but also within in other business areas related to oil and gas exploration.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/16/2011 via PR Newswire

Trimble Navigation Limited, acquired GPSeismic

synopsis: Trimble announced that it has acquired seismic survey software provider Dynamic Survey Solutions, Inc. of Essex, Vermont. Dynamic Survey Solutions' GPSeismic® suite of software applications are designed specifically for the seismic survey industry to process and manage data. The applications run on the Windows XP, Vista, and 7 operating systems.
buyer: Trimble Navigation Limited (TRMB:$3,659.10)
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping. "
target: GPSeismic
Dynamic Survey Solutions is the leader in seismic survey software. Its principal product, GPSeismic, represents a suite of data processing and management tools that has grown in step with the development of new survey technologies and geophysical requirements in the oil and gas exploration sector.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/19/2021 via Company Press Release

Terracon, acquired Pivvot LLC

synopsis: Terracon has acquired Pivvot, a provider of location data and analytic software-as-a-service solutions. The acquisition brings together Pivvot’s industry-leading location intelligence with Terracon’s multidiscipline engineering consulting services and proprietary data solutions to enhance project delivery for energy-sector clients.
buyer: Terracon
Terracon is an employee-owned consulting engineering firm providing quality services to clients. Since 1965, Terracon has evolved into a successful multi-discipline firm specializing in environmental, facilities, geotechnical, and materials services. "
target parent: New Mountain Capital, LLC
target: Pivvot LLC
Pivvot provides location data and analytic software-as-a-service solutions. The company streamlines projects with geospatial location intelligence, including renewable energy siting and suitability, electric transmission and pipeline routing, and environmental impact analytics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/5/2020 via BusinessWire

Quorum Software, acquired Landdox

synopsis: Quorum Software, a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced that it has acquired Landdox, the leading innovator in cloud-first land technology.
buyer parent: Thoma Bravo, LLC
buyer: Quorum Software
Quorum Software offers a leading portfolio of finance, operations and accounting solutions that empower customers to streamline operations that drive growth and profitability. The myQuorum software platform delivers open standards, mobile-first design, and cloud technologies to drive innovation. "
target: Landdox
Landdox is a growth-stage SaaS company that reimagines the way energy and infrastructure companies manage their core assets. Their flagship product is a cloud-based application that is easily customizable, intuitively designed, and delights customers as much as it expands their operational range.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/16/2019 via PR Newswire

DrillingInfo Inc., acquired MineralSoft

synopsis: Drillinginfo, the leading energy SaaS and data analytics company, announced it has acquired MineralSoft. MineralSoft is a software platform designed to make managing mineral, royalty, and non-operated working interests easier and more profitable.
buyer parent: Genstar Capital LLC
buyer: DrillingInfo Inc.
Drillinginfo delivers business-critical insights to the energy, power, and commodities markets. Its state-of-the-art SaaS platform offers sophisticated technology, powerful analytics, and industry-leading data. "
target: MineralSoft
MineralSoft is the leading software platform for managing minerals, royalties, and non-operated working interests. Focused exclusively on helping owners of these non-operated assets maximize value, MineralSoft delivers powerful revenue and land management solutions through its SaaS platform.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/11/2022 via GlobeNewswire

Fluence Energy, LLC, will acquire Nispera AG

synopsis: Fluence, a leading global provider of energy storage products, services and digital applications for renewables and storage, announced that it has entered into an agreement to acquire Nispera AG, a Zurich-based provider of artificial intelligence (AI) and machine learning-enabled software-as-a-service (SaaS) targeting the renewable energy sector.
buyer: Fluence Energy, LLC (NasdaqGS:FLNC:$680.77)
Fluence is a global market leader in energy storage products and services, and digital applications for renewables and storage. "
target: Nispera AG
Nispera is a Zurich-based provider of artificial intelligence (AI) and machine learning-enabled software-as-a-service (SaaS) targeting the renewable energy sector.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2019 via GlobeNewswire

EnergyIQ, acquired petroWEB Inc.

synopsis: EnergyIQ, the leader in data management solutions for the oil and gas industry, announced the acquisition of key assets from petroWEB including the EnterpriseDB, Navigator, and Gateway platforms. petroWEB is a global technology and software solutions provider to the Energy industry.
buyer: EnergyIQ
EnergyIQ is the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics. "
target: petroWEB Inc.
petroWEB is a global technology and software solutions provider to the Energy industry. For more than 25 years, E&P companies have relied on petroWEB solutions to maximize the potential of their most valuable asset, their data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2013 via BusinessWire

petroWEB Inc., purchased NeuraDB from Neuralog, Inc.

synopsis: petroWEB Inc., a provider of industry-leading geographic information system solutions, announced the completion of its acquisition of NeuraDB from Neuralog. NeuraDB is a powerful E&P Well Data Management Solution built on the industry standard PPDM data model.
buyer: petroWEB Inc.
petroWEB provides industry-leading GIS solutions, focusing on integration of spatial data with technical & business data. NAVIGATOR, petroWEB's GIS framework product enables seamless integration of corporate & commercial data with analytical tools to provide targeted, scalable workflow solutions. "
seller: Neuralog, Inc.
Neuralog's NeuraDB is a powerful E&P Well Data Management Solution built on the industry standard PPDM data model. By serving as a Corporate Well Master, Well Log Repository and Well File Management system, NeuraDB provides a single authoritative solution for managing data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/18/2020 via BusinessWire

Quorum Software, acquired EnergyIQ

synopsis: Quorum Software, the leader in digital transformation for the oil and gas industry, has acquired EnergyIQ, the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics.
buyer parent: Thoma Bravo, LLC
buyer: Quorum Software
Quorum offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. "
target: EnergyIQ
EnergyIQ is the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2019 via GlobeNewswire

EnergyIQ, acquired petroWEB Inc.

synopsis: EnergyIQ, the leader in data management solutions for the oil and gas industry, announced the acquisition of key assets from petroWEB including the EnterpriseDB, Navigator, and Gateway platforms. petroWEB is a global technology and software solutions provider to the Energy industry.
buyer: EnergyIQ
EnergyIQ is the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics. "
target: petroWEB Inc.
petroWEB is a global technology and software solutions provider to the Energy industry. For more than 25 years, E&P companies have relied on petroWEB solutions to maximize the potential of their most valuable asset, their data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/21/2019 via GlobeNewswire

EnergyIQ, acquired petroWEB Inc.

synopsis: EnergyIQ, the leader in data management solutions for the oil and gas industry, announced the acquisition of key assets from petroWEB including the EnterpriseDB, Navigator, and Gateway platforms. petroWEB is a global technology and software solutions provider to the Energy industry.
buyer: EnergyIQ
EnergyIQ is the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics. "
target: petroWEB Inc.
petroWEB is a global technology and software solutions provider to the Energy industry. For more than 25 years, E&P companies have relied on petroWEB solutions to maximize the potential of their most valuable asset, their data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/29/2021 via Company Press Release

Wolfepak Software, acquired ScoutFDC

synopsis: WolfePak Software, a leading provider of business automation cloud solutions for the oil and gas industry, announced the acquisition of the ScoutFDC. ScoutFDC is a cloud-based software-as-a-service (SaaS) product and mobile application that automates the collection, monitoring, reporting and analysis of oil & gas production data.
buyer parent: Charlesbank Capital Partners LLC
buyer: Wolfepak Software
WolfePak Software is a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry. WolfePak's software packages can be customized with additional modules to meet more complex accounting and reporting needs as their client's business grows. "
target: ScoutFDC
ScoutFDC is a cloud-based software-as-a-service (SaaS) product and mobile application that automates the collection, monitoring, reporting and analysis of oil & gas production data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/16/2020 via BNC Analysis

Geologic Systems Ltd., acquired SubsurfaceIO

synopsis: geoLOGIC announced the acquisition of SubsurfaceIO (SSIO), a digital technology provider of oil & gas cloud-based mapping & analytics solutions that connect and integrate public & proprietary data. Based in Houston, Texas, SSIO’s modern and intuitive platform eliminates the requirement for continual data handling.
buyer parent: BV Investment Partners
buyer: Geologic Systems Ltd.
geoLOGIC systems ltd. is based in Calgary, Alberta and has been providing high-quality, integrated data and software decision support systems to the upstream oil and gas industry in Western Canada and elsewhere for over thirty years. "
target: SubsurfaceIO
SubsurfaceIO (SSIO) is a digital technology provider of oil & gas cloud-based mapping & analytics solutions that connect public & proprietary data, enabling data access for users across teams. Based in Houston, Texas, SSIO’s platform eliminates the requirement for continual data handling.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/18/2020 via BusinessWire

Quorum Software, acquired EnergyIQ

synopsis: Quorum Software, the leader in digital transformation for the oil and gas industry, has acquired EnergyIQ, the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics.
buyer parent: Thoma Bravo, LLC
buyer: Quorum Software
Quorum offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. "
target: EnergyIQ
EnergyIQ is the leader in data management solutions for the oil and gas industry. Their solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/6/2020 via BNC Analysis

Petrosys, acquired Interica

synopsis: Petrosys, the leader in mapping, surface modeling and data management solutions for petroleum E&P, has acquired Interica, a provider of software, consultancy and data management services for the oil and gas sector. Interica offers a data management product suite that enables their clients to manage & secure their data and reduce risks and costs.
buyer parent: Constellation Software, Inc.
buyer: Petrosys
Petrosys is the leader in mapping, surface modeling and data management software solutions for petroleum E&P. Their software suite produces high quality maps and surface models. It manages seismic, well, geoscience and other specialised data used in the search for oil and gas at over 300 sites. "
target: Interica
Interica is a provider of software, consultancy and data management services for the oil and gas sector. Interica offers an intelligent and cost-effective data management product suite that enables their clients to manage & secure their data and reduce risks and costs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2013 via BusinessWire

petroWEB Inc., purchased NeuraDB from Neuralog, Inc.

synopsis: petroWEB Inc., a provider of industry-leading geographic information system solutions, announced the completion of its acquisition of NeuraDB from Neuralog. NeuraDB is a powerful E&P Well Data Management Solution built on the industry standard PPDM data model.
buyer: petroWEB Inc.
petroWEB provides industry-leading GIS solutions, focusing on integration of spatial data with technical & business data. NAVIGATOR, petroWEB's GIS framework product enables seamless integration of corporate & commercial data with analytical tools to provide targeted, scalable workflow solutions. "
seller: Neuralog, Inc.
Neuralog's NeuraDB is a powerful E&P Well Data Management Solution built on the industry standard PPDM data model. By serving as a Corporate Well Master, Well Log Repository and Well File Management system, NeuraDB provides a single authoritative solution for managing data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/12/2012 via BusinessWire

DrillingInfo Inc., acquired Wellstorm

synopsis: Drilling Info Inc. has acquired the assets of Wellstorm Development Inc., an information management and development company based in Dripping Springs, Texas. Wellstorm enables companies to share well data using WITSML, connecting applications to real time well data streams anywhere on the planet, and streaming information to select partners.
buyer: DrillingInfo Inc.
Drilling Info, Inc. provides online data and tools to the upstream oil and gas industry. The company offers oil and gas exploration and production data, as well as integrated analytical and asset management applications in software-as-a-service model. "
target: Wellstorm
Founded in 2004, Wellstorm enables companies to share well data using WITSML, connecting applications to real time well data streams anywhere on the planet, and streaming information to select partners.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/11/2012 via Market Wire

TGS-NOPEC Geophysical Company, acquired Volant Solutions

synopsis: TGS announced that its Geological Products division purchased all of the outstanding shares of Volant Solutions Inc. Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of managing ever increasing quantities of geotechnical data.
buyer: TGS-NOPEC Geophysical Company (OB:TGS:$453.03)
TGS provides global geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. TGS invests in multi-client data projects. "
target: Volant Solutions
Volant Solutions offers an innovative approach to address the challenges of managing ever-increasing quantities of scattered geotechnical data. It is a software vendor with significant experience delivering software solutions that integrate technical data, applications and work flow processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/2/2009 via Company Press Release

IHS, Inc., acquired LogTech Canada Ltd.

synopsis: IHS Inc., a leading global source of critical information and insight, announced the acquisition of LogTech (Canada) Ltd., a leader in the development of pragmatic and cost-effective software solutions, services and digital log data for the petroleum industry, for CA$3.3 million.
buyer: IHS, Inc. (INFO:$4,589.00)
IHS is a leading global source of critical information and insight, dedicated to providing the most complete and trusted information and expertise. IHS product and service solutions span four areas of information: Energy, Product Lifecycle, Security, and Environment, all supported by Macroeconomics."
target: LogTech Canada Ltd.
LogTech Canada offers the oil and gas industry a comprehensive suite of services, data and software designed to manage exploration risk and enhance drilling and production success.
price ($mm)[EV]
$2.98 [$2.71]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/11/2022 via GlobeNewswire

Fluence Energy, LLC, will acquire Nispera AG

synopsis: Fluence, a leading global provider of energy storage products, services and digital applications for renewables and storage, announced that it has entered into an agreement to acquire Nispera AG, a Zurich-based provider of artificial intelligence (AI) and machine learning-enabled software-as-a-service (SaaS) targeting the renewable energy sector.
buyer: Fluence Energy, LLC (NasdaqGS:FLNC:$680.77)
Fluence is a global market leader in energy storage products and services, and digital applications for renewables and storage. "
target: Nispera AG
Nispera is a Zurich-based provider of artificial intelligence (AI) and machine learning-enabled software-as-a-service (SaaS) targeting the renewable energy sector.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/21/2014 via BusinessWire

HubHead, acquired NRX Global

synopsis: HubHead Corp. announced that it has acquired NRX and its flagship asset master data management solution, AssetHub. AssetHub is used widely in the oil, gas and rail transportation industries both in the cloud and on-premise. HubHead Corp. is a private software venture controlled and led by Nigel Stokes.
buyer: HubHead
HubHead Corp. is the Enterprise Asset Hub Company. The company’s software helps the world's largest businesses build, protect, and derive insights from asset data. Leading companies depend upon HubHead's solutions to improve the predictability, productivity, and safety of their operations. "
target: NRX Global
AssetHub is NRX Global's flagship asset master data management solution. AssetHub is used widely in the oil, gas and rail transportation industries both in the cloud and on-premise.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/2/2012 via BusinessWire

Landmark Software and Services, acquired Petris Technology, Inc.

synopsis: Landmark Software and Services, a Halliburton business line, announced that it has acquired Petris Technology, a leading supplier of data-management and integration solutions to the global energy industry. The acquisition positions Halliburton with a unique capability within the upstream oil and gas industry.
buyer parent: Halliburton Company
buyer: Landmark Software and Services
Landmark's integrated software and services help the upstream oil and gas industry turn critical information into useful knowledge. With this knowledge, their clients can see further, deeper, more accurately and more comprehensively than ever. "
target: Petris Technology, Inc.
Petris Technology, Inc. provides data management and integration solutions for oil and gas companies internationally. It offers enterprise information and business intelligence solutions, such as Analytics that provides business intelligence reports and online dashboards.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/23/2010 via Market Wire

TIBCO Software Inc., acquired OpenSpirit Corporation

synopsis: TIBCO Software Inc. announced that it has acquired OpenSpirit Corporation, a leading independent provider of data and application integration solutions for the exploration and production segment of the global oil and gas market.
buyer: TIBCO Software Inc. (TIBX:$1,076.23)
TIBCO Software Inc. provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. TIBCO gives leading organizations around the world better awareness and agility–what TIBCO calls The Power of Now®. "
target: OpenSpirit Corporation
OpenSpirit is a provider of data and application integration software for oil and gas exploration and production companies. OpenSpirit's software products assist geologists and geophysicists in gathering data from multiple sources for determining the likelihood of finding oil, gas or condensates.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/1/2017 via BusinessWire

Jensen Hughes, acquired Cygna Energy Services, Inc.

synopsis: Jensen Hughes has completed the acquisition of Cygna Energy Services, Inc. Cygna is a leader in providing software solutions for the energy industry, including a powerful configuration management tool and data analysis program called Plant Data Management System.
buyer: Jensen Hughes
Jensen Hughes provides engineering services and is a leader in risk-informed analysis, fire protection engineering, and safety code consulting services. They develop solutions involving fire protection systems design, probabilistic risk assessments, forensic engineering and security services. "
target: Cygna Energy Services, Inc.
Cygna Energy Services, Inc. is an application development, data integration, systems integration, consulting, web services, and database administration company. Cygna’s Plant Data Management System application is used at nuclear plants, fossil plants, and at Department of Energy facilities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/10/2010 via BusinessWire

Itron, Inc., will acquire Asais

synopsis: Itron Inc. announced that it has reached an agreement to acquire Asais, an energy information management software and consulting services provider, headquartered in France, for an undisclosed sum. The transaction is expected to be completed in the first quarter of 2011.
buyer: Itron, Inc. (ITRI:$1,983.25)
Itron is dedicated to delivering end-to-end smart grid and smart distribution solutions to electric, gas and water utilities around the globe. Itron is the world’s leading provider of smart metering, data collection and utility software systems. "
target: Asais
Asais is a leader in energy information management and multi-vendor data collection capabilities. For the past 25 years, the company has developed and implemented advanced energy information management solutions through state-of-the-art software and online services.
price ($mm)
$5.10
rev ($mm)
$6
EBITDA ($mm)
EV / rev
1.8x
EV / EBITDA
closed 4/7/2014 via BusinessWire

Sensus, acquired Verdeeco

synopsis: Sensus, a leading provider of clean technology solutions, has enhanced its data analytics portfolio by acquiring Atlanta-based Verdeeco, a smart grid analytics company offering big data solutions for electric, water and gas utilities. Verdeeco will remain a separate brand but operate as part of Sensus.
buyer: Sensus
Sensus is a leading clean technology solutions company offering smart meters, communication systems, software and services for the electric, gas, and water industries. Sensus technology helps utilities drive operational efficiency and customer engagement with innovative applications. "
target: Verdeeco
Verdeeco is a Big Data Analytics Platform for Electric, Gas, Water Utilities. Their “Grid as a Service” cloud-based platform provides utilities a cost-effective, scalable way to leverage data to better achieve their core mission.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/13/2012 via Market Wire

Oracle Corporation, will acquire DataRaker

synopsis: Oracle announced that it has entered into an agreement to acquire DataRaker, a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data to optimize operational efficiency and improve the customer experience.
buyer: Oracle Corporation (ORCL:$41,399.00)
Oracle Corporation is the world's largest enterprise software company. The company is a leading provider of systems software, including database management, application development, and application server software. "
target: DataRaker
DataRaker is a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data to optimize operational efficiency and improve the customer experience.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/24/2020 via PR Newswire

Cimbria Nord, acquired APX10

synopsis: Cimbria Nord, a private equity investment firm in Denmark, has acquired APX10 from Hedeselskabet, an association in Denmark. APX10 is a SaaS company based in Denmark focused on the water and wastewater industries. Their big data analytics platform allows utilities to integrate data generated by any IoT device, SCADA system and smart meter.
buyer parent: Cimbria Capital
buyer: Cimbria Nord
Cimbria Nord is a private equity investment firm in Denmark conducting growth capital and early stage buyout investments in the agriculture and water sectors in the Nordics. Cimbria Nord brings management expertise, industry networks, and market expansion capabilities to their partner companies. "
target parent: Hedeselskabet
target: APX10
APX10 is a SaaS company based in Denmark with core competences in the water and wastewater industries. APX10's big data analytics platform, data|APX, helps utilities make valuable decisions. Their platform allows utilities to integrate data generated by any IoT device, SCADA system and smart meter.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/10/2016 via BNC Analysis

Rodan Energy Solutions, acquired Sygration Inc.

synopsis: Rodan Energy Solutions, a leading North American provider of demand response, energy intelligence and smart grid solutions, announced that they have acquired Sygration, a leading energy analytics company that provides unique insight into North American electricity markets.
buyer: Rodan Energy Solutions
Rodan Energy is a leading smart grid integrator delivering innovative energy solutions to electricity consumers, distributors and power producers. With their expertise in metering, engineering, demand response and energy management information systems, they help reduce total energy spend. "
target: Sygration Inc.
Sygration provides web-based solutions and data services for de-regulated electricity markets. Customers include generators, energy traders, large industrial loads and regulatory bodies across Canada and the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/17/2018 via Company Press Release

IPKeys Power Partners, acquired ElectSolve

synopsis: IPKeys Power Partners announced the completion of the merger and acquisition of ElectSolve, the public power sector leader in Meter Data Management with over 5 million Advanced Meter Infrastructure points served. ElectSolve provides a proven next generation data management and integration platform for managing and integrating utility data.
buyer: IPKeys Power Partners
IPKeys Power Partners is a provider of Demand Response (DR) resources and solutions. They provide an Auto DR platform with an EISS system and customer tools to enable customers to participate in a broader range of Demand Response including Capacity, Reserves, Energy and Rate Optimization programs. "
target: ElectSolve
ElectSolve provides a proven next generation data management and integration platform for managing and integrating utility data. ElectSolve interoperates with a full suite of utility operational platforms providing a full view of operational data with centralized management, analysis and reporting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like petroWEB Inc.


read more

petroWEB Inc.

PIXIA Corp

Landpro Software

Petris Technology, Inc.

OpenSpirit Corporation

LOCATIQS

New Century Software Inc.

GOconnectIT B.V.

New Century Software Inc.

ScoutFDC

SubsurfaceIO

LandWorks, Inc.

eMarket Software, Inc.

Asais

Quest Geo Solutions Limited

GPSeismic

Pivvot LLC

Landdox

MineralSoft

Nispera AG

read more

petroWEB Inc.

Neuralog, Inc.

read more

EnergyIQ

petroWEB Inc.

read more

petroWEB Inc.

ScoutFDC

SubsurfaceIO

EnergyIQ

Interica

Neuralog, Inc.

Wellstorm

Volant Solutions

LogTech Canada Ltd.

Nispera AG

NRX Global

Petris Technology, Inc.

OpenSpirit Corporation

Cygna Energy Services, Inc.

Asais

Verdeeco

DataRaker

APX10

Sygration Inc.

ElectSolve

Geography
Matching Companies
Ticker: TSXV:DVT
 
 
 
 
 
 
 
 
Divestco Inc.
Divestco Inc.
Divestco Inc. provides innovative geoscience solutions to Energy and Service companies worldwide. The company offers Software & Data, Seismic Processing, Geomatics, Seismic Data & Brokerage, and Land Services.
year
2014
rev ($mm)
$22.05
EBITDA ($mm)
$2.10
EBIT ($mm)
($0.99)
Net Income ($mm)
Employees
214
  • drill down
  • watch
Ticker: TSX:PSI
 
 
 
 
 
 
 
 
Pason Systems
Pason Systems
Pason Systems Inc. is a leading global provider of specialized data management systems for drilling rigs. Their solutions, which include data acquisition, wellsite reporting, remote communications, and web-based information management, enable collaboration between the rig and the office.
year
2016
rev ($mm)
$129.83
EBITDA ($mm)
$10.19
EBIT ($mm)
($25.23)
Net Income ($mm)
Employees
707
  • drill down
  • watch
Ticker: AIM:SPA
 
 
 
 
 
 
 
 
1Spatial Holdings PLC
1Spatial Holdings PLC
1Spatial is a software solutions provider and global leader in managing geospatial data. They work with their clients to deliver real value by making data current, complete and consistent through the use of automated processes.
year
2018
rev ($mm)
$22.22
EBITDA ($mm)
($0.51)
EBIT ($mm)
($1.20)
Net Income ($mm)
Employees
170
  • drill down
  • watch
Ticker: AIM:IQG
 
 
 
 
 
 
 
 
IQGeo
IQGeo
IQGeo is a global developer of geospatial productivity and collaboration software. IQGeo IQGeo’s mobile-first geospatial software improves productivity and collaboration across enterprise planning, design, construction, maintenance and sales processes for telecoms and utility network operators.
year
2020
rev ($mm)
$11.98
EBITDA ($mm)
($5.96)
EBIT ($mm)
($6.24)
Net Income ($mm)
Employees
71
  • drill down
  • watch
Ticker: SPIR
 
 
 
 
 
 
 
 
Spire Global, Inc.
Spire Global, Inc.
Spire is a leading global provider of space-based data, analytics, and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed.
year
2021
rev ($mm)
$33.28
EBITDA ($mm)
($31.56)
EBIT ($mm)
($37.94)
Net Income ($mm)
Employees
303
  • drill down
  • watch
Ticker: TSX:PSI
 
 
 
 
 
 
 
 
Pason Systems
Pason Systems
Pason Systems Inc. is a leading global provider of specialized data management systems for drilling rigs. Their solutions, which include data acquisition, wellsite reporting, remote communications, and web-based information management, enable collaboration between the rig and the office.
year
2016
rev ($mm)
$129.83
EBITDA ($mm)
$10.19
EBIT ($mm)
($25.23)
Net Income ($mm)
Employees
707
  • drill down
  • watch
Ticker: PSOF
 
 
 
 
 
 
 
 
Pansoft Company Limited
Pansoft Company Limited
Pansoft is a leading enterprise resource planning ("ERP") software and professional services provider for the oil and gas industry in China. Its ERP software offers comprehensive solutions in various business operations.
year
2011
rev ($mm)
$19.17
EBITDA ($mm)
$2.74
EBIT ($mm)
$1.40
Net Income ($mm)
$1.42
Employees
614
  • drill down
  • watch