Investment bank Greene Holcomb Fisher was the exclusive financial advisor to geoLOGIC – a provider of data and software to energy companies – on its recent sale to BV Investment Partners.
geologic is a provider of data and software used by oil and gas exploration and production companies and related industries in North America. Customers include pipeline and midstream companies, service companies (engineering, consulting, reserves auditing, financing, stock and asset brokerages, drilling, oilfield servicing), government and regulatory organizations, and educational institutions. geoLOGIC’s President, David Hood, will retain his ownership interest in the company and continue to lead the business along with the entire management team. geoLOGIC is based in Calgary (www.geologic.com).
“We are very pleased with the transaction outcome and appreciative of the extraordinary efforts of GHF and the entire management team at geoLOGIC,” said Joe Harris, founder and CEO of geoLOGIC. “GHF’s transaction execution was exceptional – they helped counsel our family and management team at every step along the way.”
Greene Holcomb & Fisher is active in middle market mergers and acquisitions, private placements and financial advisory services. Areas of specialization include consumer, food & agribusiness, healthcare, industrial products & services, business & education services, technology, and energy & infrastructure. The firm maintains offices in Minneapolis, Phoenix, Seattle and Atlanta (www.ghf.net).
“This transaction has allowed Joe and Denise Harris to unlock the value of the business they spent 30 plus years founding, managing, and operating, while empowering the existing management to pursue ambitions with the support of BV as a financial sponsor,” said Cameron Hewes, Managing Director at GHF. “GHF is both thrilled and honored to have had the opportunity to represent and advise the Harris’ and the company throughout this process.”
BV Investment Partners, the acquirer of geoLOGIC, makes investments in companies active in the information and business services industries. Since its founding in 1983, the firm has invested over $2.6 billion in more than 80 companies. The firm has offices in Boston and New York (www.bvlp.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 10-22-15
