Origo Engineering

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Origo Engineering - overview

Established

2000

Location

Kristiansand, -, Norway

Primary Industry

Business Support Services

About

Origo Engineering specializes in safety and automation solutions, integrating operational technology with information technology, primarily within the energy sector, enhancing the safety and efficiency of industrial operations. Origo Engineering, founded in 2000 by Bo Bøgh, is based in Kristiansand, Norway. The company focuses on safety and automation solutions, serving as a key player in the oil and gas sector. In February 2011, Align AS, a portfolio company of HitecVision, acquired Origo Engineering.


As of the latest information, the company has completed one investment deal, with the most recent deal dated January 24, 2011. Origo Engineering provides comprehensive safety and automation solutions, including advanced safety systems like SafeCom® and High Integrity Pressure Protection Systems (HIPPS). These products enhance the operational safety and efficiency of industrial processes, particularly in the oil and gas sector, managing over 8,500 kilometers of gas pipelines in Norway and extending its market presence into renewable energy industries across Europe. In 2023, Origo Engineering reported a revenue of USD 23.


33 mn and an EBITDA of USD 3. 44 mn. The company operates under a structured revenue model focused on B2B transactions, generating income through direct sales of its flagship products, alongside service agreements with industrial clients, ensuring optimal performance and safety compliance. Origo Engineering aims to expand its product offerings and market presence in the coming years.


The company is developing new safety solutions, although specific release dates are not mentioned. Furthermore, it plans to target new geographic regions for expansion, particularly focusing on the broader European energy market. The previous acquisition by Align AS is expected to support these growth initiatives, enhancing resources and strategic partnerships.


Current Investors

Primary Industry

Business Support Services

Sub Industries

Engineering, Construction, Petrochemicals

Website

www.origo-e.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Origo Engineering - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedOrigo Engineering-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.