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EV Private Equity

Europe, Rogaland, Norway, Stavanger

Description

EV Private Equity is a prominent independent growth equity firm with a specialized focus on the energy sector, particularly on technologies that facilitate decarbonization and the broader energy transition. Headquartered in Stavanger, Norway, with additional offices in Houston and Aberdeen, the firm leverages a global presence to identify and support high-growth companies. With a robust track record spanning over 25 years, EV Private Equity has established itself as a significant player in financing innovative solutions aimed at making energy production and consumption more sustainable.

The firm's investment strategy centers on providing growth capital to technology-rich companies that offer solutions across the entire energy value chain, from upstream and midstream to downstream and renewables. They seek out businesses that demonstrate strong potential for scalability and have a clear path to contributing to a lower-carbon future. EV Private Equity is not merely a financial investor but also acts as a strategic partner, utilizing its deep industry expertise and extensive network to help portfolio companies navigate market challenges, accelerate growth, and achieve their strategic objectives. This hands-on approach is designed to foster long-term value creation.

Since its inception, EV Private Equity has deployed substantial capital, investing more than $1.2 billion across six dedicated funds. This significant capital base has enabled them to back over 65 companies, demonstrating a consistent commitment to fostering innovation within the energy landscape. Their typical first cheque sizes for growth equity investments generally range from $10 million to $50 million, reflecting their commitment to providing substantial capital for companies poised for significant expansion. This range allows them to support a diverse set of companies, from those developing cutting-edge carbon capture technologies to those optimizing renewable energy infrastructure.

EV Private Equity's vision extends beyond financial returns, aiming to drive a positive impact on the global energy landscape. By focusing on technologies that reduce environmental footprints and enhance efficiency, the firm plays a crucial role in accelerating the transition towards a more sustainable energy future. Their strategic investments are designed to not only generate strong returns for their limited partners but also to contribute meaningfully to global climate goals, positioning them as a key enabler of the green energy revolution.

Investor Profile

EV Private Equity has backed more than 60 startups, with 0 new investments in the last 12 months alone. The firm has led 12 rounds, about 20% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Private Equity, Series A rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Norway.
  • Strong thematic focus on Oil and Gas, Energy, Software.
  • Typical check size: $10M – $50M.

Stage Focus

  • Series Unknown (70%)
  • Private Equity (15%)
  • Series A (7%)
  • Pre Seed (3%)
  • Series B (2%)
  • Series C (2%)
  • Undisclosed (2%)

Country Focus

  • United Kingdom (35%)
  • United States (35%)
  • Norway (22%)
  • Canada (5%)
  • Singapore (2%)

Industry Focus

  • Oil And Gas
  • Energy
  • Software
  • Manufacturing
  • Service Industry
  • Information Technology
  • Renewable Energy
  • Enterprise Software
  • Security
  • Environmental Engineering
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does EV Private Equity frequently co-invest with?

Energy Technology Ventures
North America, New York, United States, New York
Co-Investments: 2
Scottish Equity Partners
Europe, Glasgow City, United Kingdom, Glasgow
Co-Investments: 5
Right Side Capital Management
North America, California, United States, San Francisco
Co-Investments: 2
Norsk Hydro ASA
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Viking Venture
Europe, Sor-Trondelag, Norway, Trondheim
Co-Investments: 2
DV
Europe, Bayern, Germany, Munich
Co-Investments: 1
Jebsen Asset Management
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Chevron Technology Ventures
North America, Texas, United States, Houston
Co-Investments: 6
Shell Ventures
Europe, Zuid-Holland, The Netherlands, Rijswijk
Co-Investments: 2
Investinor
Europe, Sor-Trondelag, Norway, Trondheim
Co-Investments: 2

Which angels does EV Private Equity often collaborate with?

LK
North America, Illinois, United States, Chicago
Shared Deals: 1

What are some of recent deals done by EV Private Equity?

Noova Energy Systems

Stavanger, Rogaland, Norway

Noova helps customers monitor their energy consumption patterns, both day and night, in order to use energy smarter.

EnergyEnergy EfficiencyEnergy Management
Private EquityFeb 22, 2022
Trainor

Tønsberg, Vestfold, Norway

Trainor is an international professional service company providing consultancy technical training and qualified personnel worldwide.

E-LearningTraining
Private EquityJul 23, 2020
Autobon AI

Rolling Meadows, Illinois, United States

Self-Driving Truck & Trailer Technology

Autonomous VehiclesHardwareLogisticsSoftwareTransportation
Pre SeedMay 1, 2019
Amount Raised: $700,000
SecondKeys

Memphis, Tennessee, United States

SecondKeys is a property management software that empowers apartments to take full control of their maintenance, accounting and admin tasks.

Property ManagementReal EstateRental PropertySaaSSoftware
Pre SeedApr 2, 2019
Amount Raised: $450,000
Motive Offshore Group

Banff, Aberdeenshire, United Kingdom

Motive offers equipment rental, bespoke engineering, spooling, and testing services.

IndustrialMachinery ManufacturingManufacturing
Private EquityMar 29, 2019
Bluware, Inc.

Houston, Texas, United States

Bluware is a computer software company that provides engineering software and data management services.

CRMData ManagementInformation TechnologyOil and GasSoftware
Private EquityAug 1, 2018
Enpro Subsea

Aberdeen, Aberdeen City, United Kingdom

Enpro Subsea produces hardware and flows intervention systems for the recovery of oil from subsea wells.

Chemical EngineeringEnergyMechanical EngineeringOil and Gas
Private EquityJan 22, 2018
Rival Downhole Tools

Conroe, Texas, United States

Developer of drilling motors and well completion tools for oil companies.

Developer ToolsEnergyOil and GasWeb Development
Private EquityOct 5, 2017
Amount Raised: $15,000,000
Workover Solutions

Imperial, Pennsylvania, United States

Workover Solutions provides quality thru-tubing services based on experienced people and exceptional tools.

IndustrialOil and Gas
Private EquityOct 4, 2017
Evolution Engineering

Calgary, Alberta, Canada

Evolution Engineering is a measurement products manufacturing company.

EnergyOil and GasRenewable Energy
Private EquityAug 30, 2017