Category: News

News

EV Private Equity Welcomes Advisory Board Members

We have appointed two new EV Private Equity advisory board members, Bettina Bachmann and Carl Stjernfeldt, who bring decades of experience and valuable knowledge in venture capital to the firm. Ms Bachmann spent 35 years at Shell, latterly as Vice...

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News

Rival Downhole Tools Secures Agreement for Drilling Motors

Rival Downhole Tools (Rival), a portfolio company of EV Private Equity, has secured a five-year collaborative supply agreement for drilling motors for US Land from a major oilfield services provider. Rival will utilize its market-leading...

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News

EV Private Equity buys Enhanced Drilling from Altor

Enhanced Well Technologies AS, a company owned and controlled by EV Private Equity (“EV”) and a major global oil company, has completed the purchase of Enhanced Drilling Holding AS (“Enhanced Drilling”) from the Altor 2003 Fund and Altor...

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EV portfolio company, FourPhase, reaches ambitious growth targets

Norwegian based production solutions firm, FourPhase, has reported a substantial growth in revenue and staff numbers, as it seeks to expand further in 2019. Revenue jumped by 76% from 2017 to 2018. During that period, FourPhase also recruited an...

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Motive Offshore secures investment from EV Private Equity

Motive Offshore has secured a multi-million private investment as it strives towards its ambitious growth strategy to become a £20 million EBITDA business in the next five years. The North East equipment specialist has agreed a deal with EV...

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News

WellConnection Group signs deal on first UK acquisition

WellConnection Group, a leading Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market. WellConnection Group with bases in...

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