M&A Deal Summary |
|
|---|---|
| Date | 2016-07-04 |
| Target | VENI Energy Group |
| Sector | Utilities |
| Buyer(s) | Norvestor Equity AS |
| Sellers(s) | Palamon Capital Partners |
| Deal Type | Secondary Buyout |
| Deal Value | 750M NOK |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.1B EUR |
| Size | Large |
| Type | Sector Agnostic |
Norvestor Equity is an independent private equity group focused on opportunities throughout Norway and the nearby Nordic region. Norvestor generally looks to acquire control positions in businesses with strong market positions, clear potential for sales and earnings growth, and motivated management. Sectors of interest include engineering/technology, food/beverage, IT, telecommunications, maritime equipment, oil services, power/energy, retail, and services/outsourcing. The Firm's investment size is €10 to €45 million in companies with enterprise values of €20 to €125 million. Norvestor Equity is based in Oslo with an additional office in Stockholm.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 80 |
| Sector (Utilities) | 1 of 1 |
| Type (Secondary Buyout) | 2 of 8 |
| Country (Norway) | 41 of 54 |
| Year (2016) | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-29 |
HydraWell
Tananger, Norway HydraWell is a manufacturer of proprietary downhole tools enabling time and cost efficient plugging solutions for P&A, slot recovery and well repair through eliminating the need for section milling. HydraWell was founded in 2008 and is based in Tananger, Norway. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-04 |
Presserv
Stavanger, Norway Presserv is a specialist in preservation and corrosion protection within the oil, gas, shipping and storage tank industries. Presserv was founded in 1996 and is based in Stavanger, Norway. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.4B EUR |
| Size | Large |
| Type | Sector Agnostic |
Palamon Capital Partners LP is a private equity firm that targets investments in high-growth service-oriented businesses throughout Europe. Palamon specifically looks for companies operating in business services, financial services, media and communications, leisure and entertainment, information technology, and healthcare. The Firm's target investment size is €30 to €100 million. Funds are generally used to support development needs, however, Palamon will also consider investing in early-stage businesses, recapitalizations, deleveraging transactions, turnarounds, and buyouts. Palamon Capital Partners LP was formed in 1999 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 30 |
| Sector (Utilities) | 1 of 1 |
| Type (Secondary Buyout) | 7 of 9 |
| Country (Norway) | 1 of 1 |
| Year (2016) | 2 of 2 |
| Size (of disclosed) | 9 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-04 |
Towry Holdings
Bracknell, United Kingdom Towry Holdings Ltd. is a provider of a wealth management services model which combined fee-for-service advice with discretionary asset management capability. Towry Holdings was established in 1968 and is based in Bracknell, United Kingdom. |
Sell | £600M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-01 |
EnGrande S.L.
Barcelona, Spain EnGrande S.L. is an online budget accommodation booking businesses through its flagship website www.budgetplaces.com and its network of affiliate 30’s sites. |
Sell | - |
