Finding a financial partner for support of growth strategy

The sale concluded a thorough process to find a financial partner to support Acona’s ambitious growth strategy for the upcoming years Acona is, with annual revenue of NOK 800m (USD 142m), one of the largest independent companies in Norway providing consultancy services within the area of Well Operations, Drilling, Risk, HSE, Flow Analysis and Emergency Response. Acona has a leading position within Well Management services both in Norway and in the UK. In total, Acona has more than 370 professional employees based in Stavanger, Norway and branch offices in Oslo, Bergen, Skien, and Tromsø in Norway, Great Yarmouth and Aberdeen in the UK and Baku in Azerbaijan.

CapMan is one of the leading private equity firms in the Nordic countries and Russia, with assets under management of EUR 3.0 billion. Altogether, CapMan employs 120 people in Helsinki, Stockholm, Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed on the Helsinki Stock Exchange since 2001.