Acoustic Data is a private equity-backed oilfield services technology company recognised as a leader in cost-effective wireless downhole monitoring solutions. Their proprietary SonicGauge™ System uses next-generation acoustic telemetry to transmit real-time data to surface in order to monitor oil and gas well and reservoir performance.

Founded in 2012 and headquartered in the United Kingdom, Acoustic Data is a private equity-backed oilfield services technology company recognised as a leader in cost-effective wireless downhole monitoring solutions. The company’s proprietary SonicGauge™ System uses next-generation acoustic telemetry to transmit real-time data to surface in order to monitor oil and gas well and reservoir performance across a wide range of applications. The flexible and configurable system can be deployed on tubing or retrofitted through tubing using their patented high expansion gauge hanger via well intervention.

Energy Growth Momentum LP ("EGM") invests in high-growth equipment and service companies within the energy sector with the stated aim of supporting entrepreneurs through the next phase of growth. In EGM's opinion, the marginal unit of energy is increasingly capital and technology intense. Energy markets will need to focus on innovative equipment and services to satisfy energy demand while reducing carbon intensity.