Our sector expertise in technology-driven industries is unparalleled. Alpha has over the years established a strong record of securing new capital and strategic partners for Norwegian growth-oriented technology companies. Our teams within oilfield technology, software and telecom have developed a reputation in the industries as skilled, well connected, both nationally and internationally, and as deeply committed to success for our customers. Alpha has been the leading M&A advisor in the oil services space over the last 10 years and has taken a strong position in technology.
Our two most recent deals, for conglomerate Orkla and founders of Villa Paradiso respectively, exhibit that our skills in securing new, competent owners for their businesses are generic in nature, and independent of sector expertise. Last year, with the restructuring of Atlantic Offshore, we expanded the Alpha offering to include restructuring services. We have recently hired several additional members of the team.
By August 2018 we shall be 15 professionals dedicated to M&A, one of the largest teams in the Norwegian M&A segment. Last year we concluded our first deal with a Chinese buyer, having advised BazeField in its sale to Chinese wind turbine manufacturer Envision. To celebrate our first 10 years, and to develop our profile and the way we work, we are launching a new website as well as the “digital teaser” to distinguish how we market our projects.
With increasing internationalization, we expect demand for our services to continue to grow. As the Norwegian economy develops into new industries and away from its dependence on oil&gas our ability to attract buyers and investors for Norwegian growth companies will be valued, in our opinion. We expect the next ten years to throw up a number of opportunities, both for our customers and for Alpha Corporate Finance. The team at Alpha is prepared and ready to play our part in this development.