Reported about 15 hours ago
Private equity firm Hellman & Friedman has begun the sale process for Enverus, a Texas-based energy software company, with a potential valuation of around $6 billion. The firm is collaborating with Citi's investment bankers to explore various options, including the sale of a stake in the company. Enverus, which provides data and software solutions to the oil and gas sector, generates about $400 million in annual EBITDA. The sale process is still in its early stages, and no deal is guaranteed.
Source: YAHOO