Altus Intervention
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Altus Intervention - overview
Established
1980
Location
Stavanger, -, Norway
Primary Industry
Oil & Gas
About
Founded in 1980 and based in Stavanger, Norway, Altus Intervention Group AS provides well-being intervention services and tractor technology to the oil and gas industry. In January 2014, EQT acquired Aker Solutions Well-Intervention Services Business Altus which was restructured and will operate under two brands, Altus Intervention and Qinterra Technologies and then rebranded as Altus Intervention Group. In September 2020, the company's management, along with other unspecified investors, agreed to acquire a majority stake in Altus Intervention Group AS from EQT.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.altusintervention.com/
Total Amount Raised
Subscriber access only
Altus Intervention - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Altus Intervention | - | ||||||||
| Corporate Carve Out | Completed | Altus Intervention | - |
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