Enverus Acquires RS Energy Group

Blackstone to Acquire Enverus from Hellman & Friedman and Genstar Capital

August 6, 2025

Cloud & SaaS

Blackstone announced it has entered into a definitive agreement for private equity funds affiliated with Blackstone to acquire Enverus, a data analytics energy intelligence and SaaS platform, from Hellman & Friedman and Genstar Capital. The transaction terms were not disclosed and is expected to close by the end of the year, subject to customary conditions.

Enverus Acquires Energy Acuity

March 31, 2021

Data & Analytics

Enverus, the energy-focused SaaS and data analytics company, has acquired Energy Acuity, a provider of power generation and power delivery market data with expertise in renewables. The acquisition will integrate Energy Acuity’s datasets and domain experts into Enverus’ Prism platform to expand its power and renewables analytics and forecasting capabilities.

Enverus Acquires CRCL Solutions

August 9, 2023

Energy

Enverus, the energy-focused SaaS platform based in Austin, Texas, has acquired CRCL Solutions, a U.S.-based developer of cloud-based AI and physics-driven wind and solar generation forecasting tools. The purchase expands Enverus' power and renewables capabilities by integrating CRCL's plant-level forecasting algorithms and data into Enverus' analytics platform to better serve power traders, plant operators and other renewable market participants.

Hellman & Friedman Acquires Majority Stake in Enverus from Genstar Capital

April 13, 2021

Cloud & SaaS

Hellman & Friedman (H&F) has acquired a majority ownership stake in Enverus from Genstar Capital, with Genstar remaining a significant minority shareholder. The transaction values Enverus at $4.25 billion including assumed debt and is intended to accelerate Enverus' growth in SaaS, predictive analytics, AI/ML and expansion into renewable energy, power and ESG capabilities.

Enverus Acquires Marginal Unit

June 29, 2021

Energy

Enverus, a global energy data and SaaS technology company, has acquired Marginal Unit Inc., an Austin-based power market analytics firm that specializes in grid congestion and power-flow pricing analysis. Marginal Unit's ~15 employees and analytics will be integrated into Enverus' Power & Renewables software suite to expand the company's capabilities in congestion modeling and price forecasting.

Enverus to Acquire Spatial Business Systems (SBS)

March 4, 2026

IT Services

Enverus entered into a definitive agreement to acquire Spatial Business Systems (SBS), an AI-enabled intelligent design automation platform for electric and gas utilities and related infrastructure markets. The deal is expected to close in Q2 2026, subject to customary closing conditions and regulatory approvals.