M&A Deal Summary

Techouse Group Acquires Techouse

On July 7, 2023, Techouse Group acquired energy services and equipment company Techouse from Blue Water Energy

Acquisition Highlights
  • This is Techouse Group’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Techouse Group’s 2nd transaction in Norway.

M&A Deal Summary

Date 2023-07-07
Target Techouse
Sector Energy Services and Equipment
Buyer(s) Techouse Group
Sellers(s) Blue Water Energy
Deal Type Add-on Acquisition

Target

Techouse

Sandnes, Norway
Techouse is an offshore oil & gas industry. Techouse design, engineer and manufacture complete customized process packages, insuring optimized design in terms of weight, footprint and energy savings with a priority focus on HSE. Techouse was founded in 2002 and is based in Sandnes, Norway.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Techouse Group

Norway

Category Company
Sector Energy Services and Equipment
Employees300
DESCRIPTION

Techouse Group specialises in delivering advanced water treatment, energy recovery, solids handling and pump technologies with engineered solutions designed to enhance energy efficiency, reduce operational costs, and minimise environmental impact.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Norway M&A 2 of 2
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-07 Cubility

Sandnes, Norway

Cubility provides a cost-efficient and novel solution that simplifies the fluid cleaning system by replacing multiple components with one enclosed integrated system. Cubility was founded in 2005 and is based in Sandnes, Norway.

Buy -

Seller(S) 1

DESCRIPTION

Blue Water Energy is a private equity firm focused on building energy companies. Blue Water looks to invest up to $150 million per project with a focus on production, upstream equipment and services, and midstream/downstream equipment and services. Blue Water typically invests in partnership with experienced management teams that have a track record of value creation. Blue Water Energy was formed in 2011 and is based in London.


DEAL STATS #
Overall 7 of 9
Sector: Energy Services and Equipment M&A 4 of 6
Type: Add-on Acquisition M&A Deals 5 of 7
Country: Norway M&A 2 of 2
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 Mime Petroleum

Oslo, Norway

Mime Petroleum is a new exploration, development, and production company focused on the Norwegian Continental Shelf. Mime Petroleum's vision is to build a major NCS independent E&P company, through building a material portfolio of producing and commercial reserves and driving post-acquisition investment activity. Mime Petroleum is based in Oslo, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 Kent

Dubai, United Arab Emirates

Kent is a diversified electrical services provider with core capabilities that include the provision of multidiscipline engineering, procurement, construction, commissioning, and maintenance services across a range of energy and industrial facilities in key growth regions around the world. Kent was founded in 1994 and is based in Dubai, United Arab Emirates.

Sell -