Announced
Financials
Sources
Tags
Cross Border
Private Equity
Friendly
Oil Equipment and Services
Single Bidder
Private
Acquisition
Pending
Norway
oil equipments
Majority
Synopsis
EQT, a private equity firm, agreed to acquire Altus Intervention, a provider of well intervention services and well tractor conveyance technology to the oil & gas industry. Financial terms were not disclosed. “Altus Intervention’s management team has played an instrumental role in developing a clear technology and service quality leader over the past few years. We believe Altus Intervention is well equipped to continue its operational development under its new ownership," Anders Misund, EQT Partners Partner.
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