M&A Deal Summary |
|
|---|---|
| Date | 2022-05-20 |
| Target | Hafslund Oslo Celsio |
| Sector | Utilities |
| Buyer(s) |
HitecVision
Infranode Hafslund |
| Deal Type | Buyout (LBO, MBO, MBI) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 8.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
HitecVision is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest €150 to €500 million in companies. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 64 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 38 of 38 |
| Country: Norway M&A | 42 of 44 |
| Year: 2022 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-01 |
Aneo
Trondheim, Norway Aneo is a Nordic company that invests in renewable energy production, electrification, and energy efficiency. Aneo is one of the wind power, with an annual production of over 6 TWh and which owns 1.2 TWh of wind. Aneo was founded in 2022 and is based in Trondheim, Norway. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-04 |
Cadre
Kristiansand, Norway Cadre is a regional utility and operator of small-scale hydropower, and an experienced management team. Cadre develops, owns, and operates small-scale hydropower plants in Norway and works to rapidly expand its position through M&A, strategic partnerships and by building its greenfield portfolio. Cadre was founded in 2022 and is based in Kristiansand, Norway. |
Buy | - |
Infranode is a company that invests long-term in essential infrastructure in the Nordic region within energy, transport, digital infrastructure and social infrastructure. Our investors include well-known pension funds and institutions such as KPA Pension, the Fourth Swedish National Pension Fund, Folksam and the EIB. Infranode was founded in 2014 and is based Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Utilities M&A | 2 of 2 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 1 of 1 |
| Country: Norway M&A | 2 of 2 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-09 |
Oslofjord Varme
Sandvika, Norway Oslofjord Varme is a heat production and district heat and cooling businesses. Its heat production capacity consists mainly of heat pumps and business-to-business heat plants with a combined capacity of 210 MW, which together deliver district heat and district cooling to customers in the Greater Oslo and Akershus areas. Oslofjord Varme is based in Sandvika, Norway. |
Buy | - |
Hafslund is a hydropower company. Hafslund was founded in 1898 and is based in Oslo, Norway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 1 of 1 |
| Country: Norway M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-19 |
Skygard
Oslo, Montenegro Skygard is a co-location data centre provider, developing a high-security, energy-efficient data centre cluster in Oslo, with further growth ambitions for the Nordics. Skygard was formed in 2024 and is based in Oslo, Norway. |
Buy | - |
