
Blackstone acquires data analytics company Enverus
Blackstone (BX.US) announced on Wednesday that it has reached a definitive agreement to acquire data analytics company Enverus.
The investment firm has recently made several similar merger announcements, emphasizing its commitment to strengthening power demand and its ongoing energy portfolio. Blackstone did not disclose the specific terms of the deal, only stating that it expects to complete the transaction by the end of the year.
Blackstone senior executives Eli Nagler and Bilal Khan commented that as a leading energy-focused SaaS platform, Enverus's advanced analytics and technology solutions are critical for its clients in the face of unprecedented AI-driven power demand growth and the broader energy transition
