Deal Diary

Welcome to Acquisition International’s Deal Diary, the place where we showcase exciting deals from across the globe. With each diary entry, we’ll be taking a comprehensive look at the inner workings of the deal in question and will be venturing behind the scenes to take a look at the dedicated professionals involved in ensuring its success.

Here you will discover the most active deal makers and a comprehensive catalogue of the transactions they have been involved with.

Tier 1: The Website - Go live worldwide within 24 hours!

Within 24 hours of booking, we'll upload your deal and company profile - including contact details and links to your homepage - right here on our site, putting you and your firm in front of
40,000 visitors every month!

You will, of course, get a full company bio, including your contact details and fully clickable links direct to your website, and to make sure the people who matter will be able to find every deal you and your firm have been involved in at the click of a button, all of the deals posted on the Deal Diary site are incredibly easy to search by firm name, individual name, sector or region. We even have an automatically updated deal leaderboard (right). 

Tier 2: The Newsletter - Direct to 108,000 subscribers!

Your involvement in the deal will be featured on our weekly Deal Round-Up newsletter,  published via email every Thursday to a global audience of  108,000. Your deal write-up will also include hyperlinked images and logos, taking readers straight to your homepage. That’s a potential 108,000 clicks every month!

Tier 3: The Publication - Sent to 108,000 people in 170 countries!

The deal and your involvement will appear in the Deal Diary section of our monthly magazine, distributed to 108,000 people in 170 countries around the world. This is where you can tell us all about the deal and how you made it happen, providing the perfect opportunity to shout about your firm’s experience, expertise and the great work you’ve been doing.

GO

Tangiers Group Acquires Osprey
April 8, 2015
Equistone Partners acquire Averys
April 8, 2015
Sterling Bancorp Acquires Damian Services Corporation
April 8, 2015
Epic Health Services Completes Acquisition of Loving Care Agency
April 8, 2015
Cressey & Company Invests in Dental Services Group
April 8, 2015
Scapa's Acquisition of First Water
April 8, 2015
Kofax Acquires Aia for USD19.5m
April 8, 2015
Proofpoint to acquire VC-backed Emerging Threats for about $40 Million
April 8, 2015
BTS Group Acquire AVO Vision
April 1, 2015
Nordic Capital Acquires RESMAN
April 1, 2015

Nordic Capital Acquires RESMAN

View Biography
Nordic Capital
View Biography
RESMAN

Acquirer

Target

A shareholder group, including Statoil Technology Invest and Verdane Capital V "Verdane Capital", has reached an agreement to divest RESMAN to Nordic Capital Fund VIII "Nordic Capital".

Since its inception in 2005, RESMAN has rapidly evolved its innovative tracer and data analysis technology to provide a long term, reliable, risk-free and cost efficient alternative for reservoir monitoring. The company was formed in 2005 by SINTEF Venture and Statoil Technology Invest based on technology developed by SINTEF and IFE. Since its inception, the company has installed thousands of its proprietary Intelligent Tracer™ systems in hundreds of wells for more than 40 Oil & Gas operators worldwide.

RESMAN is committed to helping its customers gain valuable data about their reservoirs, ultimately improving the effectiveness of their reservoir management decisions. RESMAN's technology provides a low cost and low risk solution to gain long-term insight into what is flowing where, how much, in what well and in which zone of the well, which is highly valuable input for oil companies in their quest to increase oil recovery.

The company is headquartered in Trondheim, Norway, with further global offices in Brazil, USA, UK, UAE and Malaysia. RESMAN has approximately 65 employees and had revenues of NOK 210 million (EUR 25 million) in 2014.

"We have been very pleased with the shareholder support from Statoil Technology Invest and Verdane Capital in the past years. At the same time, we are very pleased that Nordic Capital has now chosen to invest in RESMAN. Their extensive experience of successfully developing businesses in cooperation with management and the employees suits us very well, and gives us the opportunity to continue our positive development. Together we will continue to lead this game changing evolution in reservoir monitoring", says Torger Skillingstad, CEO, RESMAN.

"Nordic Capital has followed RESMAN closely for some time and is impressed by the quality of the technology, its value added benefits as well as the customers' quick adoption of the technology. Nordic Capital looks forward to supporting the management team in further accelerating its sales effort as well as investing in further development of its products in order to improve well reservoir management",says Kim Gulstad, Partner, NC Advisory AS, advisor to the Nordic Capital Funds.

"We are delighted to have been part of RESMAN's journey from a small but promising technology company to a global firm with thousands of installed systems. Revenues have grown over 70% annually on average since Verdane Capital made the first investment in RESMAN in 2006. With Nordic Capital as the new owner, RESMAN is well positioned to continue on its rapid growth path", says Bjarne Lie, Managing Partner at Verdane Capital Advisors.

"Statoil has supported the company's research and development, and provided equity because we have recognized its large potential to reduce costs while increasing recovery in our assets. Together with Verdane Capital and management we have been able to build a unique company well positioned for further growth" says Richard Erskine, Managing Director of Statoil Technology Invest.

"We are very happy to have been a part of the process of turning this versatile tracer and data analysis technology developed by SINTEF and IFE into a solid and successful company. We are grateful to have had Statoil Technology Invest and Verdane Capital as resourceful and competent partners in the development of the company, and look forward to seeing it further its achievements with Nordic Capital as a new owner", says Anders Lian, CEO of SINTEF Venture.

Carlyle International Energy Partners acquires Romanian business of Sterling Resources' assets
April 1, 2015
Better Capital's Acquisition of CAV Aerospace
April 1, 2015
Bruno Maisonnier sells stake in Aldebaran Robotics
April 1, 2015
Cambian Group Acquire By the Bridge Group for £36 million
April 1, 2015
Tristan Capital Partners acquires logistics park in Germany for €31 million
April 1, 2015
Blackstone Acquire Office Building in London for $400m
April 1, 2015
Haversham Holdings acquire BCA Marketplace 1.8bn USD
April 1, 2015
Oddfellows Society Takes on £45m of Druids Sheffield Business
March 26, 2015
Kulicke & Soffa Acquisition of Assembléon
March 26, 2015
Banexi Ventures Partners Announce Investment in Netwave for EUR1.2m
March 26, 2015
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