Hellman & Friedman’s Acquisition of Enverus

Simpson Thacher represented Enverus in the transaction, while Kirkland & Ellis represented Hellman & Friedman.

Hellman & Friedman entered into an agreement to acquire majority ownership of Enverus. Genstar Capital, which has been Enverus’ majority owner since 2018, will remain a significant shareholder following the transaction.

Enverus is the leading SaaS company solely dedicated to the world’s largest market—energy. Enverus empowers companies to transform traditional decision making by accessing innovative cloud technology, machine learning/AI and industry-leading intellectual capital.

Hellman & Friedman is a preeminent global private equity firm with a distinctive approach focused on investments in high-quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation and collaborative partnership approach enable companies to flourish.

The Simpson Thacher team advising Enverus included Michael Kaplan (Picture), Patrick Naughton and Caitlin Locurto (M&A); Sophie Staples (Tax); Tristan Brown and Alyssa Ohanian (ECEB); Genevieve Dorment (IP); Peter Guryan, Kelly Karapetyan, William Kearney and Andrew Jensen (Antitrust); and David Blass, Allison Bernbach and Meredith Abrams (Advisers Act).

Kirkland & Ellis represented Hellman & Friedman with corporate partners Kyle Elder, Matthew O’Brien and Rick Campbell, along with tax partners Jared Rusman and Devin Heckman and debt finance partners David Nemecek and Austin Glassman.

Involved fees earner: Richard Campbell – Kirkland & Ellis; Kyle Elder – Kirkland & Ellis; Austin Glassman – Kirkland & Ellis; Devin Heckman – Kirkland & Ellis; David Nemecek – Kirkland & Ellis; Matthew O’Brien – Kirkland & Ellis; Jared Rusman – Kirkland & Ellis; Meredith Abrams – Simpson Thacher & Bartlett; David Blass – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Andrew Jensen – Simpson Thacher & Bartlett; Michael Kaplan – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; William Kearney – Simpson Thacher & Bartlett; Caitlin Locurto – Simpson Thacher & Bartlett; Patrick Naughton – Simpson Thacher & Bartlett; Alyssa Ohanian – Simpson Thacher & Bartlett; Allison Scher Bernbach – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett;

Law Firms: Kirkland & Ellis; Simpson Thacher & Bartlett;

Clients: Enverus; Hellman & Friedman;

Martina Bellini

Author: Martina Bellini