Drillinginfo To Be Acquired By PE Firm Genstar Capital

摘要

Private-equity firm Genstar Capital said June 19 it agreed to acquire Drilling Info Holdings Inc. from Insight Venture Partners for an undisclosed amount. Upon closing the transaction, Insight Ven- ture Partners will retain a significant minor- ity stake in Drillinginfo. Meanwhile, Genstar will become the new majority shareholder of the Austin, Texas-based software, data and analytics business, which itself has been on an acquisition campaign.