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Enverus Acquires CRCL Solutions

08.15.23

Simpson Thacher represented Enverus, an energy-dedicated SaaS company, in connection with its acquisition of CRCL Solutions. The financial terms were not disclosed.

CRCL Solutions provides cloud-based algorithms and modeling for wind and solar generation forecasts and a wide range of advanced forecasting data to help power traders make informed decisions and reduce trading risk.

The Simpson Thacher team included Michael Kaplan, Jonathan Conigliari and Michael Ruttenberg (M&A); Sophie Staples and Lina Pan (Tax); and Lori Lesser and Corina McIntyre (IP).