Blackstone to Acquire Enverus from Hellman & Friedman and Genstar Capital

Enverus to Acquire Spatial Business Systems (SBS)

March 4, 2026

IT Services

Enverus entered into a definitive agreement to acquire Spatial Business Systems (SBS), an AI-enabled intelligent design automation platform for electric and gas utilities and related infrastructure markets. The deal is expected to close in Q2 2026, subject to customary closing conditions and regulatory approvals.

Blackstone to Acquire Sphera From Genstar Capital for $1.4 Billion

July 6, 2021

Cloud & SaaS

Blackstone’s private equity funds entered into a definitive agreement to acquire Sphera, an ESG software, data, and consulting services provider, from Genstar Capital for approximately $1.4 billion. The deal is described as being made through Blackstone’s flagship private equity vehicle, with Sphera’s SaaS platform expanding ESG digital solutions, unique data sets, and consultative services.

Enverus Acquires Integrity Title Company

June 16, 2021

Data & Analytics

Enverus, the energy-focused data analytics and SaaS company, acquired Integrity Title Company to integrate Integrity's title plant databases into Enverus' platform. The deal brings broad Texas and New Mexico title plant coverage to Enverus, enabling faster, more accurate land-title research for energy, real estate and related end markets.

Hellman & Friedman Acquires Majority Stake in Enverus from Genstar Capital

April 13, 2021

Cloud & SaaS

Hellman & Friedman (H&F) has acquired a majority ownership stake in Enverus from Genstar Capital, with Genstar remaining a significant minority shareholder. The transaction values Enverus at $4.25 billion including assumed debt and is intended to accelerate Enverus' growth in SaaS, predictive analytics, AI/ML and expansion into renewable energy, power and ESG capabilities.

Enverus Acquires Energy Acuity

March 31, 2021

Data & Analytics

Enverus, the energy-focused SaaS and data analytics company, has acquired Energy Acuity, a provider of power generation and power delivery market data with expertise in renewables. The acquisition will integrate Energy Acuity’s datasets and domain experts into Enverus’ Prism platform to expand its power and renewables analytics and forecasting capabilities.

Enverus Acquires RS Energy Group

February 12, 2020

Cloud & SaaS

Enverus, a Genstar Capital–backed energy SaaS and data analytics company, has acquired RS Energy Group (RSEG) to combine advanced analytics, machine learning and technology offerings for the energy industry. The deal brings RSEG’s roughly 300+ employees and domain analytics capabilities into Enverus to accelerate product innovation and deliver integrated workflows across upstream, midstream and oilfield services customers.