Investment Summary

Norvestor Equity AS Invests In Future Production

On June 21, 2013, private equity firm Norvestor Equity AS invested in energy services and equipment company Future Production

Investment Highlights
  • This is Norvestor Equity AS’s 5th transaction in the Energy Services and Equipment sector.
  • This is Norvestor Equity AS’s 35th transaction in Norway.

Investment Summary

Date 2013-06-21
Target Future Production
Sector Energy Services and Equipment
Investor(s) Norvestor Equity AS
Deal Type Growth Capital
Advisor(s) Pareto Securities (Financial)

Target

Future Production

Kristiansand, Norway
Future Production is a multidisciplinary supplier of innovative solutions and equipment to the offshore rig industry. Future Production is an acknowledged operator within its niche, with a large installed base of equipment deliveries to blue chip clients. The product suite includes a large number of products typically required for handling of equipment on the lower part of the drill floor. Future Production was founded in 1999 and is based in Kristiansand, Norway.

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Investor(S) 1

Investor

Norvestor Equity AS

Oslo, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 2.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

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 47 of 85
Sector: Energy Services and Equipment M&A 5 of 6
Type: Growth Capital M&A Deals 3 of 12
Country: Norway M&A 35 of 57
Year: 2013 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-22 iSurvey

Billingstad, Norway

iSurvey is a supplier of specialist survey and positioning services for offshore operations such as rig moves, marine construction work and seabed mapping. The customers are global oil and gas, contractors, renewable energy and telecommunications companies. iSurvey was founded in 2004 and is based in Billingstad, Norway.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-28 Nomor

Sollentuna, Sweden

Nomor is a provider of pest control and hygiene services in both Sweden and Norway. The company offers a broad range of pest control and hygiene services, including preventative pest measures, food safety services, inspection, and sanitation of mold/fungi, and has deep relationships with the insurance industry in both countries. Nomor was formed in 1995 and is based in Sollentuna, Sweden.

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