Peloton Computer Enterprises Receives Private Equity Investment

Peloton Computer Enterprises, a Calgary, Alberta, Canada-based provider of well data software solutions to the oil and gas industry, received an investment of undisclosed amount.

The round was led by Silver Lake Kraftwerk, a fund of Silver Lake, with participation from TriWest Capital Partners and HarbourVest Partners.

Led by Glen Gray, Chief Executive Officer, Peloton provides oil and gas companies with a software platform to improve strategic decision-making through data management during the entire lifecycle of a well, including drilling, well operations, and production.
The company today has more than 450 clients, including 21 of the 25 biggest North American exploration and production companies. It has 12 offices worldwide including its newest office in Denver, Colorado which opened earlier this month.

FinSMEs

15/08/2017

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