Cegal has grown from a startup owned by its founders to become a company of interest for professional investors. Since 2011, Norvestor has been a majority owner and shareholder.
Cegal is a leading provider of IT and Geoscience solutions to the oil and gas industry - a global company located in Stavanger, Oslo, London, Aberdeen, Dubai, Houston and Calgary. We have more than 300 employees, of which over 50 are highly skilled geoscientists. This unique combination of IT and geoscience domain expertise puts us in an excellent position to fill the gap between IT and E&P.
Norvestor V, L.P. (2007) has made 9 control investments and completed 5 exits to date.
Norvestor V, L.P. has total commitments of €236 million. The fund has made investments of €10 million to €45 million in lower mid-market companies with enterprise values of typically €20 million to €120 million. Its main focus has been companies in the Norwegian and Swedish markets, with the potential to achieve a leading pan-Nordic or international position where relevant.
Norvestor V, L.P. is fully invested, but has capacity to do follow-on investments in the companies it already owns. Read more on www.norvestor.no