Kabal - Ownership and Business Overview

SoftwareCompany

Kabal Ownership

Who owns Kabal?

Kabal is owned by Insight Partners. It was acquired on May 24, 2023.

Is Kabal PE-backed?

Yes. Kabal is owned by private equity investor Insight Partners.

Was Kabal formerly PE-backed?

Yes. Kabal was formerly owned by 1 private investor.

Kabal Business Overview

Where is Kabal headquartered?

Kabal is headquartered in Stavanger, Norway.

What sector is Kabal in?

Kabal is a software company.

When was Kabal founded?

Kabal was founded in 2011.

Software M&A Summary in 2023

Out of 60 sectors in the Mergr database, software ranked 3 in number of deals in 2023. The largest software acquisition in 2023 was Splunk - which was acquired by Cisco Systems for $28.0B.

Join Mergr to view all 467 acquisitions of software companies in 2023, including 47 acquisitions by private equity firms, and 420 by strategics.

Kabal

Kabal AS

Skansegata 2,
Stavanger, 4006
Norway,
47 458 76 065
www.kabal.com

Kabal is a disruptive software company providing logistics solutions for the global oil and gas industry. Customers include all operators on the Norwegian Continental Shelf, several global IOCs, and global service companies. Kabal ’s software, WELS, enables parties in the oil and gas value chain to eliminate costs and reduce lead times through optimized planning and more effective communication. Kabal was founded in 2011 and is based in Stavanger, Norway.


Company Summary

SECTOR

Software

Established

2011

Former Name

Wellit AS

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