Enverus’ Acquisition of RS Energy Group

Goldman Sachs served as the exclusive financial advisor to Enverus. Credit Suisse and Jefferies served as financial advisors to RSEG and Warburg Pincus. Kirkland & Ellis, LLP served as legal counsel for RSEG. Simpson Thacher, Weil, Gotshal & Manges LLP, Ropes & Gray LLP, and Irell & Manella LLP served as legal counsel for Enverus.

Enverus, a leading energy SaaS and data analytics company, executed the acquisition of RS Energy Group. The acquisition combines the companies’ complementary strengths to accelerate technology, machine learning and advanced analytics across the energy market.

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 (Picture), and included private equity associate Daniel Coyne and corporate associate Matthew Zolnierz(all of Boston) as well as tax partner Lee Allison (New York).

The Simpson Thacher team included Michael Kaplan, Daniel Switts and Tim Krause (M&A).

Involved fees earner: Lee Allison – Ropes & Gray; Daniel Coyne – Ropes & Gray; Michael Lee – Ropes & Gray; Matthew Zolnierz – Ropes & Gray; Michael Kaplan – Simpson Thacher & Bartlett; Timothy Krause – Simpson Thacher & Bartlett; Daniel Switts – Simpson Thacher & Bartlett;

Law Firms: Ropes & Gray; Simpson Thacher & Bartlett;

Clients: Enverus;