TA Associates (“TA”) has joined as a new strategic investment partner in portfolio company Volue, marking a significant milestone in the company’s growth journey. TA brings additional credibility and momentum to Volue’s growth mission, enabling Volue to accelerate innovation, scale globally, and deepen the company’s market leadership in electrification.
As part of the transaction, Arendals Fossekompani will receive cash proceeds of approximately EUR 38 million (approximately NOK 425 million). Arendals Fossekompani’s ownership in Volue will be around 36% after closing. The transaction prices Arendals Fossekompani’s remaining shareholding in Volue to approximately EUR 520 million (approximately NOK 5,9 billion). Final amounts are subject to closing adjustments. Completion of the transaction is subject to regulatory approvals.
TA is a leading global private equity firm focused on partnering with high-quality companies to create lasting value. Founded in 1968, TA offers deep experience partnering with management teams to support strategic initiatives, operational development and geographic expansion.
TA’s investment reflects a strong conviction in Volue’s mission, proven performance, and long-term vision. Their partnership will further strengthen Volue’s momentum and supports Volue’s ongoing execution of its strategy to build a global leader in electrification technology.
“Bringing on TA is a fantastic milestone for the company; it serves as a powerful validation of our strategy and the progress we've made together,” says Stephan Sieber, CEO of Volue.
“Our partnership with Advent and Generation has proven exceptionally strong, and together with TA, will provide the stable foundation for Volue to reach its goal of becoming the #1 technology provider for energy systems by 2030,” says Benjamin Golding, Chief Executive Officer of Arendals Fossekompani.
----
For inquiries or additional comments, please contact: Natasha Adams, CMO Volue, natasha.adams@volue.com Hanne Watts, VP Communications & Sustainability Arendals Fossekompani, hanne.watts@arendalsfoss.no Maggie Benoit, Head of Communications, TA, mbenoit@ta.com
About Volue
Volue is a global leader in electrification technology, delivering an integrated platform that supports the full energy lifecycle, from data and forecasting to trading, asset optimization, and grid management, helping customers navigate an increasingly complex energy system. The company provides market leading price, generation, and demand forecasts; automated trading and market access; multi asset optimization across hydro, thermal, battery, wind, and solar portfolios; 24/7 asset operations; and advanced solutions for distribution system operators managing rapid electrification and decentralization. With more than 750 employees serving over 2,500 customers in more than 40 countries, Volue is headquartered in Oslo, Norway, and operates globally, supporting energy producers, traders, DSOs, and other market participants in improving efficiency, managing risk, and driving stronger commercial outcomes across global power markets. For more information, visit www.volue.com
About TA Associates
TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its core sectors, including technology, business services, financial services, and healthcare. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has more than 160 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai, and Hong Kong. For more information, visit www.ta.com.
About Arendals Fossekompani
Arendals Fossekompani is a long-term industrial investment company. We are active owners and developers of companies enabling the energy transition and next generation industrial technologies. Established in 1896, we have been a proud producer of hydropower for more than 100 years. Arendals Fossekompani is headquartered in Arendal and has been listed at the Oslo Stock Exchange since 1913. For more information, visit https://arendalsfossekompani.no/en