Computer Modelling Group (CMG) Acquires Rose Subsurface Assessment
March 25, 2026
Computer Modelling Group Ltd. (CMG) has acquired Rose Subsurface Assessment, a provider of probabilistic subsurface risk analysis and resource assessment software, training, and consulting for the global exploration and production industry. The deal includes USD $8.8 million paid in cash at closing (plus Rose cash on hand), a customary holdback, and an earn-out of up to USD $2.5 million tied to performance milestones.
- Buyers
- Computer Modelling Group Ltd. (CMG)
- Targets
- Rose Subsurface Assessment
- Industry
- Software
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Critical Materials Group Acquires Rocky Mountain Scientific Laboratory
October 7, 2026
Industrial Services
Critical Materials Group (CMG) acquired Rocky Mountain Scientific Laboratory (RMSL), a national security research and rapid solutions lab serving military and law enforcement agencies. The acquisition brings energetics research, formulation, and testing together with CMG’s domestic manufacturing platforms. Financial terms were not disclosed, and RMSL CEO/Co-Founder Travis Swanson joined CMG as Chief Science Officer.
-
Computer Modelling Group (CMG) Acquires SeisWare International
July 31, 2025
Software
Computer Modelling Group Ltd. (CMG) has acquired SeisWare International Inc., a Calgary- and Houston-based geoscience software company, for an estimated US$6.6 million. SeisWare — which reported approximately US$3.4 million of recurring revenue in the 12 months ended March 31, 2025 and has a team of over 40 employees — will join CMG's seismic solutions group as a platform to expand CMG's seismic interpretation capabilities.
-
GeologicAI Acquires Resource Modeling Solutions
February 13, 2024
AI & Machine Learning
GeologicAI, a Calgary-based developer of AI-driven core scanning robots and software, has acquired Resource Modeling Solutions (RMS), a geostatistics and geometallurgy consultancy and software provider. The acquisition expands GeologicAI’s modeling and subsurface interpretation capabilities, enabling broader end-to-end technology solutions for mining, environmental, and petroleum clients.
-
Computer Modelling Group (CMG) Acquires Bluware-Headwave Ventures Inc.
September 25, 2023
AI & Machine Learning
Computer Modelling Group Ltd. (CMG) acquired Bluware-Headwave Ventures Inc., a cloud-native AI and deep-learning software and services provider for subsurface decision-making, from majority owner EV Private Equity. CMG paid US$22 million with an additional earn-out of up to US$8 million; Bluware reported approximately US$23.5 million revenue in its most recent fiscal year and provides the InteractivAI product and proprietary VDS data format for seismic data.
-
RMA Companies Acquires C Below Subsurface Imaging
January 17, 2023
Engineering Services
RMA Companies, a portfolio company of OceanSound Partners, has acquired C Below, Inc. dba C Below Subsurface Imaging and will merge its operations with RMA's SiteScan Subsurface Imaging business under C Below CEO Chris Loera. The deal expands RMA's subsurface imaging and utility-locating capabilities and broadens its geographic footprint across the Western U.S.
-
Mitratech Acquires CMPG Risk Solutions
June 22, 2020
Software
Mitratech acquired CMPG, LLC (CMPG Risk Solutions) to add CMPG's VendorInsight (vendor risk management) and Procipient (enterprise risk management) products into its Enterprise Compliance Suite, strengthening its vendor and enterprise risk capabilities. The acquisition expands Mitratech’s compliance and GRC offering for clients in financial services, healthcare, and insurance.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.