Transaction

Via Venture Partners invest in Q-Star Energy

Transaction

Q-Star Energy sold to Via Venture Partners

Sell-side

Undisclosed

Role

Adviser to Q-Star Energy on its sale to Via Venture Partners

Sector

Business Services
Energy & Utilities
Industrial & Chemicals

Region

Denmark

ATP’s investment fund – Via Venture Partners – has invested in Q-Star Energy via the holding company All NRG, which also consists of VB Enterprise and Apro Wind. The new combined group is one of Denmark’s largest companies within oil, gas and wind turbine installations and related services sector. With approximately 1,000 employees and a turnover of more than €70m, All NRG is a key player in the market which provides service to energy companies like Vestas, DONG, Maersk and Siemens.

Q-Star Energy A/S, based in Esbjerg, provides highly specialized welders, electricians, scaffolders and insulators, as well as wind turbine experts and rope access services, to the oil, gas and wind industry in Europe.

Clearwater advised the owners of Q-Star Energy in an exclusive structured process. It also advised the owners of VB Enterprise A/S and Apro Wind A/S in connection with Via Venture Partners’ investment in these companies earlier in 2014.

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The potential is huge in this new constellation. Via Venture Partners’ investment in Q-Star Energy provides future security of the company for our employees, but also ensures the continued development of Q-Star Energy, which since its establishment in 1993 has been a competitive provider of services to the oil, gas and wind turbine industry in Denmark and Norway. Together with the other companies in the All NRG Group, we can share the experience and expertise across the businesses, and I see that as a major strength.

 Henrik Hansen, Managing Director,  Q-Star Energy

Advisers

Transactions