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Blackstone , the world's largest alternative asset manager, has agreed to buy energy data and analytics provider Enverus, it ...
Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone ("Blackstone") have entered into a ...
NYSE parent Intercontinental Exchange is in talks to buy Enverus in a deal that would value the energy data and analytics specialist firm at at least $6 billion, Bloomberg News reported on Tuesday, ...
The transaction paves the way for Genstar Capital and Hellman & Friedman to exit stakes in the energy data intelligence ...
Blackstone's acquisition of Enverus is a testament to electricity demand growth and the importance of the ongoing energy ...
Investment firm Blackstone is reportedly set to acquire Enverus for $6.5 billion. This significant deal reflects Blackstone's ...
Blackstone Inc. (BX) is reportedly set to acquire energy data platform Enverus Inc. in a deal valued at $6 billion, as artificial intelligence is expected to drive up power consumption in the U.S.
Enverus, known for its expansive database drawn from over 95% of U.S. energy producers and more than 40,000 suppliers, was last valued at $4.25 billion including debt in 2021 when Hellman & Friedman ...
For the industry overall, Enverus told me in an email that “The E&P industry is getting better. Sixty-four percent of the factors tracked within our algorithm improved, on average, since 2017.
The company said it's surpassed half-a-billion dollars in annual recurring revenue. That's not the same as actual revenue, but it's a huge milestone for any software-as-a-service business.
Through the end of December, we're taking a look back on the Deals of the Week from 2020. This was the Deal of the Week for the Houston Business Journal's Feb. 14-20 edition.
Indeed, Enverus’s report finds that the greater Permian Region - including the Midland Basin to the east and Delaware Basin to the west - accounted for fully 83% of the value of deals made ...