Vard Group Overview

  • Founded
  • 1985

  • Status
  • Private

  • Employees
  • 8,200

  • Latest Deal Type
  • 2ndary - Open

  • Latest Deal Amount
  • $45.2M

Vard Group General Information


Vard Holdings Ltd is an investment holding company. It is a designer and shipbuilder of offshore and specialized vessels used in the offshore oil and gas exploration and production and oil services industries.

Contact Information

Formerly Known As
Brevik Management
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Other Industries
Industrial Supplies and Parts
Primary Office
  • P.O. Box 76
  • 6001 Alesund
  • Norway
+47 70 00 00 00

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Vard Group Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Secondary Transaction - Open Market 28-Nov-2017 $45.2M 00000 Completed Profitable
6. Secondary Transaction - Open Market 28-Nov-2017 00000 00000 Completed Profitable
5. Secondary Transaction - Private 27-Mar-2017 000.00 00000 Completed Profitable
4. Merger/Acquisition 01-Jan-2013 00000 Completed Profitable
3. IPO 12-Nov-2010 00000 00000 Completed Profitable
2. Merger/Acquisition 15-Dec-2001 Completed Profitable
1. Early Stage VC Completed Profitable
To view Vard Group’s complete valuation and funding history, request access »

Vard Group Patents

Vard Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2018285812-A1 Tank for fish farming Inactive 13-Jun-2017 000000000
CA-3067093-A1 Tank for fish farming Pending 13-Jun-2017 000000000
GB-2577462-B Tank for fish farming Active 13-Jun-2017 000000000 0
GB-2577462-A Tank for fish farming Active 13-Jun-2017 000000000
GB-2577462-A8 Tank for fish farming Active 13-Jun-2017 A01K61/60
To view Vard Group’s complete patent history, request access »

Vard Group Executive Team (6)

Name Title Board Seat Contact Info
Magne Bakke Chief Operating Officer & Executive Vice President
Vittorio Zane Executive Vice President, Corporate Development & Executive Director
Petter Pihl Founder
Wade Carson Vice President, Business Development, Vard Marine
Roy Reite President, Chief Executive Officer & Board of Director
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Vard Group Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Vard Group Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 0000 000 13-Oct-2016 0000000000 00.00 Distributors/Wholesale 000 00000
0000 000000 05-Aug-2016 000000000 Infrastructure
000 000000 00 04-Jul-2014 0000000000 000.00 Construction and Engineering 000 00000
Johangarden 15-Aug-2013 Merger/Acquisition 00.000 Real Estate Services (B2C)
To view Vard Group’s complete investments and acquisitions history, request access »

Vard Group Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 0000 0000000 13-Oct-2016 000000000000000000 00.00 Completed
  • 0000 00000
To view Vard Group’s complete exits history, request access »