SPT Group - Ownership and Business Overview

SoftwareCompany

SPT Group Ownership

Who owns SPT Group?

SPT Group is owned by FountainVest Partners. It was acquired on March 31, 2021.

Is SPT Group PE-backed?

Yes. SPT Group is owned by private equity investor FountainVest Partners.

Was SPT Group formerly PE-backed?

Yes. SPT Group was formerly owned by 2 private investors.

SPT Group Business Overview

Where is SPT Group headquartered?

SPT Group is headquartered in Kjeller, Norway.

How many employees does SPT Group have?

SPT Group has 240 employees.

What sector is SPT Group in?

SPT Group is a software company.

When was SPT Group founded?

SPT Group was founded in 1989.

Software M&A Summary in 2021

Out of 60 sectors in the Mergr database, software ranked 3 in number of deals in 2021. The largest software acquisition in 2021 was Nuance Communications - which was acquired by Microsoft for $19.7B.

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SPT Group

SPT Group AS

Instituttveien 10,
Kjeller, 2027
Norway,
+47 63 89 04 00
www.sptgroup.com

SPT Group provides a combination of software and consulting services to the international petroleum industry. The company's two main business activities are software development/sale and consulting work in multiphase flow and reservoir simulation. SPT Group was founded in 1989 and is based in Kjeller, Norway.


Company Summary

SECTOR

Software

Revenue

50   2010
(millions of EUR)

Employees

240

Established

1989

Former Name

Scandpower Petroleum Technology

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Software Companies , Norway Companies

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