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N P SINGH
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Blackstone announced a definitive agreement to acquire Enverus, a leading energy data analytics platform, from Hellman & Friedman and Genstar Capital in a deal valued at approximately $6.5 billion. • The transaction represents a significant premium over Hellman & Friedman’s 2021 acquisition of Enverus for $4.25 billion, highlighting the company’s rapid growth in the energy analytics market. • Enverus, founded in 1999, serves over 8,000 customers across 50 countries and provides real-time analytics from partnerships with more than 95% of U.S. energy producers and 40,000 suppliers. • The acquisition aligns with Blackstone’s strategic focus on energy transition investments, driven by unprecedented AI-driven electricity demand growth and the broader energy transition. • The deal is expected to close by the end of 2025, subject to customary conditions, and continues Blackstone’s aggressive expansion in the energy sector following recent acquisitions of companies like Potomac Energy Center and Trystar
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