Blackstone Agrees to Acquire Enverus in $6 Billion-Plus Deal

Blackstone Inc. has agreed to buy energy data platform Enverus in one of its biggest acquisitions of the year.

The private equity firm is acquiring the business from owners Hellman & Friedman and Genstar Capital, according to a statement Wednesday that confirmed an earlier Bloomberg News report. Financial terms were not disclosed. The deal values Enverus at more than $6 billion, people with knowledge of the matter said.

Blackstone’s purchase price could reach $6.5 billion if certain earnout provisions are met, according to the people, who asked not to be identified discussing confidential information.

Austin-based Enverus was valued ...