Advantec delivered subsea intervention equipment and life-of-field services to the global oil & gas industry. Growth came from geographic expansion, add-on acquisitions and the development of rental units, establishing a strong market position ahead of sale to an industrial buyer. Sentech originated as a subsidiary of Advantec and represented the remaining technology business following the sale of Advantec. Sentech was later divested as a standalone company.

  • Investment date: April 2010
  • Exit date: November 2015
  • Industry: Energy & Marine
  • Fund: Fund V
  • Web page: www.advantec.no