HitecVision related stories
All articles and analysis
HitecVision closes $800m energy fundThe Norwegian firm, led by Ole Ertvaag, completed fundraising in three months, capitalising on the interest in the booming oil and gas sector to more than double its fund size.
- HitecVision closes Fund IV on $300m
The Stavanger, Norway-based private equity firm has already invested approximately 20 percent of its fourth vehicle, which focuses on growth capital and buyout investments in the oil and gas sector in Europe and the US.
European People Briefs, January 2013SVB creates new U.K. role; Octopus adds to its ventures team
- 3i, HiltecVision back Nordic energy start-up
3i has teamed up with Norwegian venture capital firm HiltecVision to provide E35m of start-up capital to oil and gas exploration business Revus Energy.
- HitecVision sells Spring Energy to Tullow Oil
HitecVision has sold Spring Energy AS to Tullow Oil for $372.3 million. Spring Energy is an oil and gas company established in October 2007 by a group of exploration & production professionals with experience from the Norwegian Continental Shelf.
- HitecVision Sells Tampnet to EQT Infrastructure Fund
HitecVision has sold Norwegian offshore oil and gas broadband operator Tampnet to EQT Infrastructure for around NOK 1.5 billion ($0.3 billion). Established in 2001, the company is headquartered in Stavanger, Norway.
- CPPIB Makes Largest 2011 Commitment to Euro Buyout Fund: CORRECTED
CPPIB continues to diversify into Asia and Latin America and India, but is also still very much focused on Europe. The proof is in the private equity pudding with CPPIB making its largest 2011 vintage commitment to a European buyout behemouth.
European Fund Briefs, January 2012Earlybird plans two new funds going forward; Perusa Partners wraps up its second fund
- Main Street Capital Exits Merrick
Main Street Capital Corp. has exited its debt and equity investment in Merrick Systems Inc., the company announced. Main Street Capital exited when HitecVision, a Norwegian-based private equity investor, took a majority stake in Merrick. Publicly traded Main Street provides long-term debt and equity capital to lower middle market companies.