Drillinginfo Acquires Cortex Business Solutions

February 21, 2019

Drillinginfo Holdings, a Genstar Capital-backed energy SaaS and data analytics platform, has completed the acquisition of Cortex (Cortex Business Solutions), a Network-as-a-Service provider that automates accounts payable and receivable for the oil & gas industry. The deal is an add-on to Drillinginfo's buildout under Genstar ownership to broaden its energy value-chain offerings into business automation and payments/commodity data solutions.

Buyers
Drillinginfo Holdings, Inc., Genstar Capital
Targets
Cortex Business Solutions
Platforms
Drillinginfo Holdings, Inc.
Industry
Energy
Location
Alberta, Canada
Transaction Type
Addon

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