Overview

• The transaction values Enverus at $6.5 billion, marking a significant increase from its $4.25 billion valuation under Hellman & Friedman in 2021.
• Enverus, founded in 1999 in Austin, Texas, serves over 8,000 customers across 50 countries and draws data from more than 40,000 suppliers.
• RBC Capital Markets and Simpson Thacher & Bartlett advised Blackstone on the acquisition; Citi, Morgan Stanley and Kirkland & Ellis represented Enverus and Hellman & Friedman.
• The deal underscores a resurgence in private equity dealmaking as Blackstone deepens its energy transition and analytics footprint.
• Enverus CEO Manuj Nikhanj called the partnership a “launchpad” for growth, highlighting shared conviction in leveraging AI and real-time intelligence.