Arendals Fossekompani, Advent International and Generation Invest in Volue ASA

TA Associates Joins as Strategic Investor in Volue

February 13, 2026

Energy

TA Associates has joined Volue as a new strategic investor alongside Advent International, Generation Investment Management and Arendals Fossekompani. The Oslo-based energy software and electrification technology company said the investment endorses its focused strategy following an 18-month transformation and will support accelerated R&D, product capability expansion, geographic growth, and M&A.

Sval Energi Acquires Edison Norge

December 30, 2020

Energy

Sval Energi AS has agreed to acquire Edison Norge AS from Edison for an agreed price of USD 300 million (financially effective 1 January 2020). The acquisition adds ~25 mmboe (57% gas) to Sval’s reserve base and increases its interests in the Dvalin and Nova developments, strengthening its upstream position on the Norwegian Continental Shelf.

Hafslund Eco, Infranode and HitecVision Acquire Fortum Oslo Varme (Hafslund Oslo Celsio)

March 22, 2022

Energy

A consortium of Hafslund Eco, Infranode and HitecVision has completed the acquisition of Fortum Oslo Varme, which will be renamed Hafslund Oslo Celsio. Hafslund Eco holds a 60% majority stake while Infranode and HitecVision hold 20% each; the partnership plans ~NOK 10 billion of investments including NOK 1.4 billion for a CCS project at the Klemetsrud waste-to-energy plant and major district cooling investments.

Vega Consulting / ACS Acquires Volt Information Sciences

April 25, 2022

Staffing & HR

Vega Consulting, an affiliate of American CyberSystems (ACS), completed a tender offer and short-form merger to acquire Volt Information Sciences, Inc. for $6.00 per share, taking Volt private. The transaction is intended to combine Volt's global staffing and workforce solutions with ACS/Vega's IT services and consulting capabilities to diversify services and expand offerings.

Valedo Partners Invests to Form Eltera Gruppen, a Norway Electrical Services Platform

April 6, 2022

Electrical Services

Valedo Partners III AB has invested in eight businesses to create Eltera Gruppen, a full-service electrical installation and maintenance group operating through 16 branches across Norway with combined revenues of around 1 billion NOK. Founders, board members and employees co-invested alongside Valedo; financial terms were not disclosed.

Vår Energi Acquires Neptune Energy Norge AS

January 31, 2024

Oil & Gas

Vår Energi ASA completed the acquisition of 100% of the shares in Neptune Energy Norge AS, strengthening its position on the Norwegian Continental Shelf and adding ~67 kboepd of production and ~265 mmboe of 2P reserves. The transaction was agreed at an enterprise value of USD 2.275 billion and closed on 31 January 2024 (effective date 1 January 2023); net cash consideration paid on completion (less cash in Neptune Norway) was approximately USD 1.2 billion. The deal increases Vår Energi's scale, operatorships and gas/LNG exposure and is inter-conditional with a separate transaction in which Eni acquires the remainder of Neptune's global assets.