Acquisition Adds Mobile Ticketing SaaS Solution to WolfePak’s Oil and Gas ERP Software Suite
August 7, 2018
Fort Point Capital, a Boston-based private equity firm, announced today that its portfolio company, WolfePak Software (“WolfePak” or the “Company”), has acquired Conquest RT, a SaaS provider of real-time tracking, dispatching, and reporting capabilities to crude oil haulers and oil and gas related water transportation companies. The acquisition merges WolfePak and Conquest RT’s business operations to offer a fully integrated mobile electronic ticketing solution for the collection, management, and automation of oilfield tickets. With the combined solution, midstream companies can reduce the time required to collect and report on oilfield tickets from days to seconds, significantly reducing errors while providing access to advanced analytics to help midstream management teams optimize business operations and gain visibility into financial results on a real-time basis.
“The combination of WolfePak and Conquest RT offers midstream customers a mobile, automated, and fully integrated solution to manage the lifecycle of both run tickets and service tickets,” said Brent Rhymes, CEO of WolfePak. “Conquest RT provides WolfePak with a platform to offer future mobile solutions for oilfield pumpers, sand haulers, and other oil and gas service companies.”
“We are excited to partner with Conquest RT to continue adding functionality to WolfePak’s best in class software offerings,” said Christina Pai, a Partner at Fort Point. “We look forward to welcoming Conquest RT’s employees and customers and continuing Conquest’s legacy of providing technology leadership to midstream customers.”
About WolfePak Software
Based in Abilene, TX, WolfePak Software is a best in class provider of ERP and regulatory compliance software and services to the oil and gas industry. Please visit www.wolfepak.com to learn more.
About Fort Point Capital
Based in Boston, Massachusetts, Fort Point Capital is a private equity firm that invests in lower middle market, service-oriented companies in partnership with strong management teams. Fort Point Capital is currently investing from FPC Small Cap Fund I. Please contact Fort Point at (617) 303-2121 or visit www.fortpointcapital.com.