WolfePak Software, a leading provider of business automation technology for independent oil and gas upstream and midstream companies, announced that it has acquired the LandVantage and LIS Outsourcing businesses from Land Information Services, the leading provider of cloud-based land management software and outsourced services.
WolfePak is a portfolio company of Charlesbank Technology Opportunities Fund, a fund managed by middle-market private investment firm Charlesbank Capital Partners.
“WolfePak is on a mission to provide cloud-based software that automates business processes and the flow of information from the oilfield, through the back-office and between partners, owners, vendors and investors,” said Brent Rhymes, CEO of WolfePak Software.
“Adding LandVantage to our growing suite of cloud-based offerings provides our 2,000+ independent upstream and midstream customers with an intuitive, easy-to-learn land management system with the depth and breadth of features you would expect from a team with 100+ years of combined oil & gas land management experience.”
“We are excited to join the Pak,” said Wade Brawley, CEO of Land Information Services. “We have seen incredible growth in our LandVantage product line over the past four years. By joining WolfePak, we can accelerate not only the growth of our customer base but also the growth of the product itself. Most importantly, by combining LandVantage with WolfePak’s other automation products, we can help our customers achieve operational efficiencies and provide a view of the business operations unmatched in the industry.”
LandVantage is key to helping WolfePak deliver cloud-based solutions that help independent upstream and midstream companies lower their operating costs through automation while providing them with the reporting, analytics and decision support systems that were once exclusive to the major integrated oil companies.
For more information visit www.wolfepak.com
