Hellman & Friedman Acquires Majority Stake in Enverus from Genstar Capital
April 13, 2021
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.
- Buyers
- Hellman & Friedman
- Targets
- Enverus
- Sellers
- Genstar Capital
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Buyout
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