Inbizzy – Global investment firm Blackstone has officially announced its acquisition of Enverus, a U.S.-based energy data analytics platform, marking a strategic move to expand its global portfolio in the energy, technology, and artificial intelligence (AI) sectors. The deal comes amid growing global demand for sustainable energy solutions and AI-powered data intelligence.
Enverus is recognized as the largest and fastest-growing software-as-a-service (SaaS) provider dedicated to the energy industry. The company serves over 8,000 clients across more than 50 countries—including markets in Southeast Asia—by offering real-time access to data, market insights, and industry benchmarks through generative AI technologies.
“Blackstone shares our vision of an energy future powered by AI, real-time intelligence, and data-driven execution,” said Manuj Nikhanj, CEO of Enverus. He described the partnership as a “launchpad” for accelerating the company’s global expansion and innovation initiatives.
Blackstone acquired Enverus from two major investment firms, Hellman & Friedman (H&F) and Genstar Capital, which previously held controlling stakes. Although financial terms of the deal were not disclosed, the transaction is expected to close by the end of 2025.
This acquisition is part of Blackstone’s broader thematic investment strategy aimed at addressing the global energy transition and the increasing demand for electricity and data. Over the past few years, the firm has backed several energy-focused companies including Potomac Energy Center, Westwood Professional Services, and Trystar.
“Enverus’ technological and analytical solutions are critical in helping the energy industry meet the surging demand for AI-driven electricity and navigate the transformation of global energy infrastructure,” said Eli Nagler and Bilal Khan, Senior Managing Directors at Blackstone.
From the perspective of the previous investors, the acquisition represents a milestone in expanding Enverus’ reach across the global energy value chain. Ben Farkas, Partner at H&F, highlighted the company’s leadership in integrating AI into energy decision-making, while Genstar Capital expressed confidence in Enverus’ strong position for continued innovation.
Strategically, this deal underscores the increasing value of energy-tech platforms like Enverus in the eyes of global investors seeking to capitalize on trends in electrification, digitalization, and operational efficiency in the energy space.
