Enverus Acquires BidOut

August 6, 2024

Enverus, the energy-focused SaaS provider, has acquired BidOut, an AI-powered RFx procurement platform headquartered in Houston. The acquisition will integrate BidOut’s sourcing and RFx capabilities into Enverus’ Source-to-Pay suite to expand procurement automation and drive greater efficiency across Enverus’ energy customer base.

Buyers
Enverus
Targets
BidOut
Industry
Cloud & SaaS
Location
Texas, United States
Transaction Type
Buyout

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