Sale of OilComp to Farvatn Private Equity
Saga Corporate Finance advised Comp Invest in their majority sale of OilComp to the Norwegian investment firm Farvatn Private Equity. Comp Invest will continue as a shareholder with a minority position in the company.
OilComp is headquartered in Bergen and is a well-recognized course instructor and center of competency within aquaculture, offshore, and the maritime industry in Norway. The company provides over 150 different types of courses and has over 15 course locations along the Norwegian coast. With its lean business model and focus on local coursing, OilComp has achieved market-leading margins and a sustainable value proposition.
With Farvatn as a majority owner, several new opportunities arise for faster and more significant investments in developing services in both new and existing markets.