Sale to industrial
Exprosoft sold to Peloton
Exprosoft, the Norwegian oil & gas SaaS company known for its WellMaster product, has been acquired by Peloton, the Canadian, Silver Lake backed, oil & gas software company and provider of the WellView software
2020

Alpha Corporate Finance has acted as financial advisor to Investinor, Viking Venture III and the other shareholders in Exprosoft in the transaction.

Exprosoft is a global leader in well integrity management, data modelling and simulation. The WellMaster and Miriam RAM Studio software suite provides data driven performance analytics for the upstream and downstream oil and gas industry and process industries. For over 30 years, WellMaster has helped oil and gas operators increase well uptime and reduce operational cost, while maintaining a safe operation that is compliant with corporate and government guidelines.

The Peloton Platform energizes the oil and gas digital transformation through mobility, automation and data integration by providing fully integrated well data lifecycle, production data lifecycle and land data management solutions. Today, over 500 oil and gas clients worldwide rely on Peloton technology to equip their stakeholders with the tools and information necessary to manage, simplify and optimize their operations. Peloton is backed by the private equity firm Silver Lake.

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