BV-backed Geologic Systems acquires Top Analysis

Geologic Systems Ltd has acquired Top Analysis Ltd, a Calgary-based provider of thermal oilsands information and competitive intelligence though a software-as-a-service platform. No financial terms were released for the purchase, which includes Top's entire product suite and team, led by President Trevor Phenix. Geologic, a Calgary-based provider of data and software decision support systems to the upstream oil and gas industry in Western Canada and elsewhere , said the deal will allow the company to better serve its customers. Established in 1983, Geologic in 2015 secured an investment from U.S. technology private equity firm BV Investment Partners.

26 August 2019•4 mins read
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