Private equity firm Hellman & Friedman acquires majority stake in Enverus

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By Megansoto in Business
Updated 3 years ago

(Reuters) - U.S. private equity firm Hellman & Friedman agreed to buy a majority stake in energy data and analytics provider Enverus from Genstar Capital, the companies said. The deal values Enverus at $4.25 billion including debt, according to a person familiar with the matter. Genstar Capital will retain an undisclosed stake in Enverus, which has grown rapidly through acquisition. It has more than 1,400 employees.

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