P2 Energy Solutions raises 0 in private_equity round
Summary
Vista chose to acquire P2ES because of its strong market position, product lines, loyal and satisfied customers, and its highly talented and devoted employees. Their domain expertise and vertical market focus have allowed them to help their customers address many of the issues facing the global oil and gas industry. P2ES Holdings, Inc. is the leading software, data, auction and marketplace company focused exclusively on the oil and gas industry. The Clearinghouse conducts 10 to 12 oil and gas property auctions annually in the United States and Canada, allowing its clients to participate through physical attendance or to compete in real time over the Internet. The Company also provides custom negotiated transaction services focused on identifying, quantifying and presenting reserves in a credible and professional manner.