P2 Energy Solutions - About the company
P2 Energy Solutions is an acquired company based in Denver (United States), founded in 1999. It operates as a Provider of software and data solutions for oil and gas companies. P2 Energy Solutions has raised $60M in funding from investors like Goldman Sachs, NeoCarta Ventures and EP Energy. The company has 158 active competitors, including 9 funded and 24 that have exited. Its top competitors include companies like SLB, Gentrack and Quorum.
Company Details
Provider of software and data solutions for oil and gas companies. The company provides financial and accounting management software, geospatial data, land asset management tools, well lifecycle management solutions, environmental solutions, safety solutions, and other services to both the upstream and midstream oil and gas sectors. Additionally, it offers business process outsourcing, mapping services, training, and more.
- Website
- p2energysolutions.com
Key Metrics
Founded Year
1999
Location
Denver, United States
Stage
Acquired
Total Funding
$60M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 158 active competitors
Employee Count
501 - 1,000 as on Jul 01, 2024
Exit Details
Acquired by Vista Equity Partners (Jun 01, 2008)
P2 Energy Solutions's acquisition details
P2 Energy Solutions got acquired by Vista Equity Partners on Jun 01, 2008. It was facilitated by Inverness Advisors.
Click here to take a look at P2 Energy Solutions's acquisition in detail
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P2 Energy Solutions's funding and investors
P2 Energy Solutions has raised a total funding of $60M over 2 rounds. Its first funding round was on May 23, 2000. Its latest funding round was a PE round on Oct 07, 2013 for $*****. 1 investor participated in its latest round. P2 Energy Solutions has 14 institutional investors.
Here is the list of recent funding rounds of P2 Energy Solutions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 07, 2013 | 6483726 | PE | 1933215 | 9245549 | 4857841 | 6997892 |
May 23, 2000 | 8503455 | PE | 8172658 | 1181980 |
View details of P2 Energy Solutions's funding rounds and investors
P2 Energy Solutions' founders and board of directors
Founder? Claim ProfileP2 Energy Solutions' employee count trend
P2 Energy Solutions has 501 - 1,000 employees as of Jul 24. Here is P2 Energy Solutions's employee count trend over the years:
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P2 Energy Solutions's Competitors and alternates
Top competitors of P2 Energy Solutions include SLB, Gentrack and Quorum. Here is the list of Top 10 competitors of P2 Energy Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SLB 1926, Houston (United States), Public | Provider of technology and services for energy industry operations globally | - | 76/100 | |
2nd | Gentrack 1989, Auckland (New Zealand), Public | Smart billing and customer management solutions for energy, water and airport utilities | - | 62/100 | |
3rd | Quorum 1998, Houston (United States), Acquired | Provider of software solutions for energy industry upstream and midstream operations | $1.67M | 62/100 | |
4th | THREE60 Energy 2016, United Kingdom, Seed | Provider of oil & gas engineering, procurement, construction, commissioning, and operations support services | - | 51/100 | |
5th | P2 Energy Solutions 1999, Denver (United States), Acquired | Provider of software and data solutions for oil and gas companies | $60M | 45/100 | |
6th | Datum360 2009, Middlesbrough (United Kingdom), Acquired | Digital solution to manage data and projects in engineering services | $791K | 45/100 | |
7th | Oil States 1942, Houston (United States), Public | Provider of systems and solutions for the energy and industrial sectors | - | - | 42/100 |
8th | Optimatik 1985, Teufen (Switzerland), Unfunded | Provider of mobile solutions of smart metering, data management, and forecasting | - | - | 41/100 |
9th | Total Automation Solutions 2005, Pune (India), Unfunded | Provider of industrial automation solutions | - | - | 41/100 |
10th | InVistaWare 2013, Calgary (Canada), Series A | Cloud-based operations management software for the oil and gas industry | $10.2M | 38/100 |
Looking for more details on P2 Energy Solutions's competitors? Click here to see the top ones
P2 Energy Solutions's Investments and acquisitions
P2 Energy Solutions has not made any investments yet. P2 Energy Solutions has made 5 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 22, 2018 | Acquisition | 2001 | Lafayette (United States) | |
Nov 13, 2014 | Acquisition | 1989 | Houston (United States) | |
Aug 04, 2013 | Acquisition | 1985 | Morristown (United States) |
See all acquisitions by P2 Energy Solutions
News related to P2 Energy Solutions
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Orion selects P2 Mining for early works trial at South African mineMining Technology•Sep 06, 2023•Orion Minerals, P2 Energy Solutions
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Santos Chooses P2 Energy Solutions As Single Operations Platform For Its Production NeedsBusiness Wire•Sep 22, 2020•Santos, P2 Energy Solutions
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Global Hydrocarbons Accounting Solution Market 2019 – SAP, Adept Solutions, P2 Energy Solutions, Tieto, Quorum Business Solutionslincolntrailpublishing.com•Jan 24, 2019•SAP, Adept Solutions, Tieto, P2 Energy Solutions
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ThoughtTrace and P2 Tobin Announce Strategic PartnershipPR Newswire•Dec 11, 2018•ThoughtTrace, P2 Energy Solutions
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P2 Tobin Announces the Launch of Lease Obligation IntelligencePR Newswire•Dec 05, 2018•P2 Energy Solutions
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