Knowledge Reservoir Management Buy-Out

May 26, 2009 at 2:14 am Leave a comment

On May11, Houston-based Knowledge Reservoir, a geosciences and engineering consulting company, announced the completion of a management buy-out (MBO) of the remaining shares held by Ziebel AS. The MBO represents the purchase by the original founders, Dr. Ivor Ellul and Robert Archer, of the majority stake that Ziebel held after its acquisition of Knowledge Reservoir in May of 2007. Ziebel’s advisor in the transaction was Simmons & Company International.

Dr. Ellul, President and CEO of Knowledge Reservoir, stated: “This is an excellent time to be back at the helm of the company given the ever-increasing need for agility in delivering products and services to our client-base.”

www.knowledge-reservoir.com

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Entry filed under: Data & Knowledge Management. Tags: , .

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