Novo Holdings Acquires Majority Stake in Stingray Marine Solutions

Searchlight Capital Acquires Minority Stake in Synergy Marine Group

October 7, 2022

Transportation

Funds advised by Searchlight Capital Partners acquired a minority ownership stake in Synergy Marine Group, a Singapore-headquartered global ship manager. The investment will support Synergy's digitalization, capability expansion and continued growth across its ship management, crew management and marine services operations.

Norvestor Acquires Majority Stake in Pearl Group

December 28, 2020

IT Services

A fund advised by Norvestor Advisory AS has agreed to acquire a c.52% majority stake in Pearl Group, a Nordic IT solutions and ERP partner headquartered in Lysaker, Norway. The investment provides Pearl with expansion capital to grow organically and via M&A while the existing management and key employees retain a significant minority stake and reinvest proceeds.

Novo Holdings Acquires 25% Stake in Sejet Plant Breeding

June 27, 2024

Agriculture

Novo Holdings has agreed to acquire a 25% minority stake in Sejet Plant Breeding from DLG Group. The partnership will provide growth capital to scale Sejet’s plant-breeding operations and invest in new genomic and breeding technologies to accelerate development of climate-resilient crop varieties.

Norvestor Acquires Kongsberg Maritime's Steering Gear and Rudder Business to Form Neuver Maritime

March 3, 2025

Manufacturing

Norvestor IX has completed the acquisition of Kongsberg Maritime's steering gear and rudder business and established the new company Neuver Maritime. The carve-out, headquartered in Brattvåg, Norway with ~160 employees, positions Neuver as a dedicated lifecycle partner for maneuvering solutions with a focus on aftermarket, service and product expansion under Norvestor ownership.

Novo Holdings Invests in AgNext Technologies

June 25, 2024

Agriculture

Novo Holdings led a growth investment in AgNext Technologies Private Limited, an India-based agritech company that develops AI-driven food quality assessment solutions. The funding will support product development, international expansion and scaling of sales to new food segments.

Brunswick Corporation Acquires Navico for $1.05 Billion

June 24, 2021

Manufacturing

Brunswick Corporation has entered into a definitive agreement to acquire Navico, a Norway-based leader in marine electronics and sensors, for $1.05 billion. The deal adds the Lowrance, Simrad, B&G and C-MAP brands to Brunswick's Advanced Systems Group, strengthening its parts & accessories and marine-technology capabilities and accelerating Brunswick's ACES strategy.