HitecVision Overview

  • Investor Type
  • PE/​Buyout
  • Status
  • Active
  • Professionals
  • 53
  • Investments
  • 122
  • Portfolio
  • 21
  • Exits
  • 56

HitecVision General Information


Founded in 1985, HitecVision is a European private equity investment firm based in Stavanger, Norway. The firm specializes in buyouts and growth-stage investments. The firm invests across the entire upstream oil and gas sector, including all segments of the oilfield services and technology sector as well as exploration and production firms.

Contact Information

Year Founded
Investor Status
Actively Seeking New Investments
Trade Association
Principles for Responsible Investment (PRI)
Primary Investor Type
Other Investor Types
Primary Office
  • Jåttåvågveien 7, Building A
  • 4068 Stavanger
  • Norway
+47 51 00 00 00

HitecVision Investments & Acquisitions (122)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
00000 (00 00000 00 03-Aug-2020 0000000000 Other Energy Generating Revenue 0000 000000
0000ä00000000000'0 20-Mar-2020 0000000000 00000 Other Energy Generating Revenue
000000000 00000 01-Jan-2020 0000000000 00000 Energy Exploration Generating Revenue
0000000000 (000000 10-Dec-2019 0000000000 00.00 Other Energy Generating Revenue 000 0000000
Solveig Gas Norway 03-Jul-2019 Buyout/LBO Energy Transportation Generating Revenue
You’re viewing 5 of 122 investments and acquisitions. Get the full list »
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HitecVision Exits (55)

Company Name Exit Date Exit Type Exit Size
0000 00000000000 20-May-2019 0000000000
000000000 23-Apr-2019 0000000000 00.000
0000 00000000 0000 19-Dec-2018 0000000000
00000 000000000 10-Dec-2018 000000000000000000
Axis Offshore 13-Dec-2016 Merger/Acquisition 0000
You’re viewing 5 of 55 exits. Get the full list »

HitecVision Fund Performance

Fund Name Vintage Size Dry Powder DPI RVPI TVPI IRR

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HitecVision Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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HitecVision Team (92)

Name Title Deals Funds Boards Office
Ole Ertvaag Co-Founding Partner, Chief Executive Officer & Board Member 0 0 0 Stavanger, Norway
Pål Reed Senior Partner & Deputy Chief Executive Officer 0 0 0 Stavanger, Norway
Liv Marit Lundby Chief Financial Officer Oslo, Norway
Mariann Bærheim Chief Operating Officer Stavanger, Norway
Pål Dahlberg Chief Sustainability Officer Stavanger, Norway
You’re viewing 5 of 92 team members. Get the full list »