WellPoint Systems Inc.

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WellPoint Systems Inc. - overview

Established

1997

Location

Calgary, AB, Canada

Primary Industry

Oil & Gas

About

WellPoint Systems Inc. offers enterprise software solutions tailored for the energy and resources sector, particularly focused on enhancing operational efficiency in the upstream oil and gas industry. Founded in 1997 in Calgary, Canada, WellPoint Systems Inc. specializes in providing software solutions for the upstream oil and gas industry.


The company was acquired by P2ES Holdings, Inc. , a portfolio company of Vista Equity Partners, in May 2011. The executive team includes CEOs Buyinza Isa, Kevin Cochran, Muhammad Ahmed, and Oladiti Ayomide. WellPoint Systems Inc.


provides a range of enterprise software solutions focused on the energy sector, specifically for upstream oil and gas operations. Their offerings include integrated production software, upstream oil and gas accounting software, and land management solutions designed to optimize asset performance, streamline financial processes, and enhance workflow efficiencies in land acquisitions. WellPoint Systems Inc. generates revenue through a subscription-based model that includes software solutions and associated services.


Clients engage in long-term agreements for access to their software platform, which encompasses flagship products and ongoing customer support. The company strengthens its revenue through consulting, implementation support, and custom integrations, ensuring robust B2B relationships. WellPoint Systems Inc. is focused on developing new product offerings to enhance its service portfolio in the energy sector.


The company plans to expand into new markets in North America and Europe by 2025. Following its acquisition by P2ES Holdings in May 2011, WellPoint intends to utilize its existing resources for product enhancements and market penetration, aligning its services with the evolving needs of the oil and gas industry.


Current Investors

IFS Energy and Resources

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services

Website

www.wellpointsystems.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

WellPoint Systems Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedWellPoint Systems Inc.-
Private DebtCompletedWellPoint Systems Inc.-

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WellPoint Systems Inc. - employee data

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