Triton, through Bluewater Private Equity, has acquired Techouse AS to promote innovation in decarbonization solutions within the offshore energy sector.
Target Company Overview
On July 3, 2023, Triton entered into an agreement with Bluewater Private Equity to acquire 100% of the shares of Techouse AS ("Techouse"). This acquisition aims to integrate Techouse into a group holding structure alongside Cubility AS ("Cubility"). Techouse is recognized as a leading provider of technology solutions that facilitate decarbonization in the offshore energy sector. The company's focus is on developing innovative water treatment and energy recovery technologies, which enhance energy efficiency by as much as 70% and reduce CO2 emissions by up to 25%.
Headquartered in Stavanger, Norway, Techouse employs approximately 160 staff members and has additional offices in the UK, France, and China. The company is dedicated to providing cutting-edge solutions that assist clients in enhancing their operational efficiency while minimizing their environmental footprint.
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Industry Overview in Norway
The offshore energy sector in Norway is characterized by its strong commitment to innovation and sustainability. As a country that has long been a leader in oil and gas production, Norway is now increasi
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Bluewater Private Equity
invested in
Techouse AS
in 2023
in a Merger deal