Thinking about the next step for your business?
CMG has a long tradition of supporting high-quality scientific applications in the oil and gas business.
Founded in Calgary in 1978, CMG emerged from work that began at the University of Calgary. After going public in 1997, CMG scaled to a leading software business, reaching $88 million in global business at our peak in 2024. Today, the broader CMG Group is a $130 million business with approximately 500+ commercial customers around the world. Across the business, our people remain driven by a shared mission: helping technical users solve the problems that matter most.
Founder Friendly Approach
CMG actively works with founders to build strong financial profiles in the companies we acquire. Our mission is to help you realize your ambitions and unlock the full potential of your business.
We believe in preserving the DNA of the companies we acquire. You and your team remain central to the journey after acquisition, often continuing to lead and grow your business with our support.
Don’t just take it from us, hear directly from the founders of Sharp Reflections and SeisWare on their journey of joining CMG:
Value Creation through the CMG Operating System (CMG OS)
The CMG OS is a living framework of principles designed to help software companies scale.
- Product Management: We treat roadmap planning like capital allocation. Product Managers lead with market signals, not gut feel. They partner with R&D to focus on the “how,” while owning the “what” and “why.”
- Pricing: We introduce value-based pricing, smarter discounting, and segmentation logic. Pricing is not just a finance lever - it’s a strategic moat.
- Customer Success & Professional Services: Great tech isn’t enough. We run a high-touch model, with named support engineers, proactive adoption programs including frequent onsite support, and consulting services.
- Commercial Execution: We build repeatable sales engines. That includes layering experienced sales talent, training technical teams, and leveraging CMG’s global footprint to open doors.
- Marketing: We move beyond demos and booths. Marketing defines positioning, builds buyer narratives, and supports commercial execution.
The Value of Being Part of CMG
At CMG, we believe that a strong culture is essential for fostering innovation and collaboration. By promoting open communication, creativity, and teamwork, we create a work environment that cultivates cutting-edge solutions.
We have built an inclusive and respectful culture that empowers our employees and delivers excellence to our customers. Every employee reflects our CMG values in everything they do.
CMG’s Approach to M&A
We classify each transaction into one of three buckets. These buckets broadly define alignment with our existing expertise, identify where we can add incremental value under our ownership, and are broad enough to ensure a sufficiently large pipeline of opportunities.
Core
Companies that offer an extremely strong strategic fit with our existing reservoir and production solutions.
Platform
Help us fill whitespace within the upstream oil and gas workflow – seismic interpretation, modeling, simulation, forecasting, and economics.
Standalone
Opportunities in verticals outside of upstream such as midstream, downstream, or entirely new domains like mining, logistics, or utilities.
Building an Open Ecosystem for Upstream Applications
CMG’s vision is to build an open ecosystem of applications across the upstream workflow. Through four acquisitions to date, we’ve demonstrated our commitment to investing available capital to fill key gaps and accelerate innovation.