M&A Deal Summary

Herkules Capital AS Acquires PSW

On May 22, 2014, private equity firm Herkules Capital AS acquired energy services and equipment company PSW

Acquisition Highlights
  • This is Herkules Capital AS’s 4th transaction in the Energy Services and Equipment sector.
  • This is Herkules Capital AS’s 26th transaction in Norway.
Investment Fate
  • PSW merged with another company in 2021.

M&A Deal Summary

Date 2014-05-22
Target PSW
Sector Energy Services and Equipment
Buyer(s) Herkules Capital AS
Deal Type Buyout (LBO, MBO, MBI)

Target

PSW

Mongstad, Norway
website
PSW is a maintenance and service provider to the Norwegian subsea and drilling industry. The company offers both offshore and onshore services, and its services include maintenance and engineering services related to subsea, topside, and drilling equipment. PSW was formed in 2007 and is based in Mongstad, Norway.

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Buyer(S) 1

Buyer

Herkules Capital AS

Oslo, Norway

Investor Investor

website


Category Private Equity Firm
Founded 2003
PE ASSETS 15.1B NOK
Size Large
Type Sector Agnostic
DESCRIPTION

Herkules Capital is a private equity firm focused on acquiring controlling interests in established companies located in Norway and other Nordic countries. Herkules looks to commit NOK 100 to NOK 1200 million of equity capital per transaction and will consider investing in public and private companies. Sectors of interest include oil services, healthcare, consumer, trade/retail, services and telecom. The Firm's investment horizon is typically five to seven years. Herkules was formerly known as Fer Private Equity. The Firm is based in Lysaker, Norway.


DEAL STATS #
Overall 33 of 39
Sector (Energy Services and Equipment) 4 of 4
Type (Buyout (LBO, MBO, MBI)) 23 of 27
Country (Norway) 26 of 32
Year (2014) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-24 Elektroimportøren

Oslo, Norway

Elektroimportøren is an electrical equipment wholesaler and retailer serving a wide range of customers, from professional installers/electricians to handy retail customers. The company offers a comprehensive product range through one store at Alnabru in Oslo, an online store and a customer service center.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-27 Estrella Maarud Holding AS

Oslo, Norway

Estrella Maarud manufactures and markets salted snacks in the Nordic and Baltic countries under the brands of Estrella, Maarud and Taffel.

Sell -