McIntyre Partners completed the acquisition of a majority stake in Moreld from HitecVision.

McIntyre Partners, a private investment firm, completed the acquisition of a majority stake in Moreld, an energy services group, from HitecVision, a provider of institutional capital to Europe’s energy industry. Financial terms were not disclosed. “McIntyre Partners was created to identify unique investment opportunities and acquire profitable companies in partnership with experienced management teams in sectors that are undergoing transformation. We have searched extensively in the energy services sector, which is facing a wave of new investment due to energy transition and energy security, and believe we have found an industrial group with three strong and growing companies that perfectly meet our criteria. We look forward to working alongside Geir Austigard and his team to ensure Moreld remains among the safest, most professional and innovative service providers in Norway,” Julian McIntyre, McIntyre Founding Partner.