Alpha Corporate Finance has acted as financial advisor to the owners of Wellit in the sale of 60% of the company to Private Equity player Norvestor.

The partnership with Norvestor enables Wellit to intensify the roll out of the WELS software platform around the globe and along the entire oil & gas value chain.

Wellit has developed WELS, a disruptive cloud-based multi-tenant platform. The software system is tailored to the industry and derives from years of hands-on experience from oil & gas logistics. Wellit’s customers include all operators on the Norwegian Continental Shelf, several global IOCs and global service companies.

Wellit headquarters are located in Stavanger, Norway. The company is also present in the US, UK, Australia, Malaysia and Abu Dhabi.