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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