Blackstone Group to Acquire Leading Energy Data Platform Enverus for Up to $6.5 Billion
1 week ago / Read about 0 minute
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The Blackstone Group has finalized an agreement to acquire Enverus, a pioneering energy data platform, in a deal valued at over $6 billion, with the potential to reach $6.5 billion contingent upon meeting specific performance milestones. Enverus serves as a comprehensive data analysis hub, offering decision support for capital allocation and asset optimization to clients spanning the entire global energy industry chain. Drawing data from over 95% of U.S. energy producers and more than 40,000 suppliers, Enverus caters to approximately 8,000 customers in 50 countries worldwide.