Ropes & Gray Advises Enverus in its Acquisition of RS Energy Group
Ropes & Gray advised Enverus, a leading energy SaaS and data analytics company, in its acquisition of RS Energy Group, an innovative technology firm focused in the upstream oil & gas industry. The transaction was announced on February 12. Terms of the transaction were not disclosed. The press release is here.
Backed by Genstar Capital, Enverus' leading technology enables operators, investors and oilfield service companies to make better, faster decisions while delivering unmatched, in-field business automation software and capabilities.
RS Energy Group is a leading SaaS firm delivering technology and augmented analytics for operators and investors as well as midstream and service companies. RS Energy has more than 300 employees at offices in Calgary, Houston, New York and Philadelphia.
The Ropes & Gray team that advised Enverus was led by private equity partner Michael Lee, and included private equity associate Daniel Coyne and corporate associate Matthew Zolnierz (all of Boston) as well as tax partner Lee Allison (New York).