Middle-market private equity firm Charlesbank Capital Partners LLC purchased WolfePak Software LLC for an undisclosed amount.
The Abilene, Texas-headquartered company provides enterprise resource planning, operational and regulatory compliance software in the oil and gas industry.
It was sold by Fort Point Capital, which invests in business services companies in the lower-middle-market.
The acquisition marks the first platform investment of the Charlesbank's technology-focused fund Charlesbank Technology Opportunities Fund LP.
Aeris Partners was the exclusive adviser to WolfePak, while Goodwin was legal counsel to Charlesbank.