Drillinginfo Inc., an Austin-based company that makes digital tools for oil companies, has been acquired by Genstar Capital LLC, according to a Tuesday announcement by the San Francisco-based private equity firm. Genstar did not disclose financial terms. Drillinginfo had been majority owned by Insight Venture Partners LLC, a New York-based venture capital and private equity firm, since 2012. Insight will maintain “a significant minority stake,” the announcement said.
Drillinginfo Acquired By West Coast Private Equity Firm
Mike Cronin, Biz Journals
Tue, 06/19/2018 - 6:14am
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