Pandell Acquires US Software Firm LandWorks, Inc.
Pandell Technology Corporation, a pioneer of Software-as-a-Service (SaaS) solutions to the energy industry, announced today that it has acquired LandWorks, Inc., a Houston-based provider of land asset management and GIS solutions. The acquisition includes 3 software product suites; a staff of 80 personnel; offices in Houston and Denver; and a customer base of 100+ companies in oil & gas, renewable wind energy, utilities, pipelines, and mining. Specific terms of the deal were not disclosed; however, the purchase was described as an all cash transaction.
“With the acquisition of LandWorks, Pandell can now offer a full suite of land solutions to companies operating in Canada, the USA, and globally,” says Greg Chudiak, Pandell’s President & CEO. “Like Pandell, LandWorks is well recognized for its innovation, reliability, and customer-focused services. We are looking forward to seeing what will be achieved when two industry leaders join forces to deliver land software tools that are second to none.”
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LandWorks, Inc. is a leading provider of land asset management and GIS software to companies around the world in oil & gas, renewable wind energy, utilities, pipelines, and mining. LandWorks’ business has been built on providing reliable solutions that combine leading-edge technology, extensive land business experience, and dedicated GIS mapping and land record services. The company has a proven track-record of being the first to solve long-term land management challenges and improve the way land professionals work on a daily basis. LandWorks is an Esri Gold Partner and teams up with Esri on most new projects. LandWorks has twice been awarded the prestigious Esri Foundation Partner of the Year award.
Pandell is a leader in delivering Software-as-a-Service (SaaS) solutions to 500+ energy companies in Canada, the USA, and abroad. Our customers range from startups to major enterprises across the energy sector including upstream oil & gas, midstream facilities, oilfield services, land brokers, pipelines, utilities, mining, and renewable energy. Our cloud-hosted product suite helps finance, land, and operations teams run their business more effectively; while our enterprise division builds and manages large-scale web portal applications that facilitate work across organizations. Combining the strength of our industry experience, ground-breaking Lithium™ technology, and practical software subscription model, we are Crafting the Future of Energy Software.