PakEnergy

Year of Investment

2019

Strategy

Tech Opportunities

Industry

Technology

Headquarters

Abilene, TX

Status

Active

Website

http://pakenergy.com

Business

PakEnergy (formerly WolfePak) is a leading provider of enterprise resource planning (ERP) and accounting software to the oil and gas industry, including oil and gas operators, midstream companies and mineral rights investors. The company’s mission-critical products are tailored to the highly specific accounting, operational and regulatory needs of this industry. PakEnergy’s software is sold via Software-as-a-Service (SaaS) and perpetual license models directly to a broad base of over 1,300 customers, primarily in Texas, Oklahoma, Louisiana and other energy-producing states. The company is poised for growth as oil and gas firms in this segment of the market are increasingly adopting technology to increase productivity and manage industry accounting complexity.

Charlesbank Investment

Charlesbank invested in PakEnergy in 2019, taking a majority interest in the company with the balance funded by management. We also negotiated the debt financing for the transaction.

CEO

Brent Rhymes

Key Team Members

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