Blackstone Energy Partners Acquires Irth Solutions

Irth Solutions (Blackstone Portfolio) Acquires OneSoft Solutions Inc.

November 1, 2024

Software

Irth Solutions LLC, a Blackstone portfolio company, has completed the acquisition of OneSoft Solutions Inc. through its subsidiary irth Acquisition Corp., purchasing all outstanding shares for CAD $0.88 per share (approx. CDN $113.4 million total equity value). OneSoft — developer of the OneBridge Cognitive Integrity Management SaaS platform for energy infrastructure operators — will be delisted from the TSXV and integrated into Irth's asset integrity and infrastructure software offerings.

Irth Solutions Acquires OneBridge Solutions Inc.

November 1, 2024

Energy

Irth Solutions, a Blackstone portfolio company headquartered in Columbus, Ohio, has completed the acquisition of OneBridge Solutions Inc., an Edmonton-based developer of the Cognitive Integrity Management (CIM) AI-driven platform for pipeline integrity. The deal combines OneBridge's predictive analytics and machine learning capabilities with Irth's geospatial and business-intelligence platform to deliver an integrated SaaS solution for pipeline, utility, and critical infrastructure operators.

Irth Solutions Acquires geoAMPS

July 13, 2023

Cloud & SaaS

Irth Solutions, a Blackstone portfolio company headquartered in Columbus, Ohio, has acquired geoAMPS, a Powell, Ohio–based SaaS provider of land rights, right-of-way, stakeholder engagement and compliance management software. The acquisition extends Irth’s asset and risk-management platform into land and ROW management across renewables, pipelines/oil & gas, transportation and telecom markets as an add-on to its existing SaaS offerings.

Gauge Capital Recapitalizes irth Solutions

May 31, 2019

Cloud & SaaS

Gauge Capital has made a strategic recapitalization investment in irth Solutions, partnering with the company’s owners and management to support growth. irth, a Columbus, Ohio–based provider of UtiliSphere 811 ticket management and field service management SaaS for the energy, utilities and telecom sectors, will use the investment to accelerate market penetration, expand into new verticals and develop additional FSM capabilities.

Blackstone Energy Partners Invests $400M in Xpansiv

July 6, 2022

Energy

Funds managed by Blackstone Energy Partners committed $400 million to lead a strategic growth investment in Xpansiv, the market-infrastructure platform for carbon and environmental commodities. The capital will help Xpansiv scale its exchange, product offerings and pursue further acquisitions to support global decarbonization efforts.

Aptean Acquires irms|360 Enterprise Solutions from Upp Technology

February 22, 2017

Cloud & SaaS

Aptean has acquired irms|360 Enterprise Solutions, the cloud-based warehouse, asset and emergency management division of Upp Technology. The acquisition extends Aptean's cloud supply chain and warehouse management capabilities and brings irms|360's customer base in healthcare, government and commercial logistics into Aptean's portfolio; financial terms were not disclosed.