Scanmatic has been acquired by Measure It, the parent company of Cautus Geo. Measure It is owned by Equip Capital and Cautus Geo management. Founded in 2018, Equip Capital manages NOK 8.6 billion, investing in companies with strong potential for profitable growth and exceptional development. The divestment will take effect immediately on 22 May, 2025.
On the sale, Trond Straume, CEO, Volue, commented: “Scanmatic operates in a hardware-centric industry, while our expertise lies in SaaS. As we accelerate our next phase of growth as a leading software and services provider in the energy sector, this divestment reinforces our strategic focus. I want to thank the Scanmatic employees, customers, and partners for their support throughout the journey with Volue, and I wish the organisation the very best under the guidance of its new owners.”
Benjamin Golding, CEO at Arendals Fossekompani, commented: “The sale of Scanmatic is part of Volue’s strategy to focus the business, while reinvesting in the company’s core product areas. This will drive long term value creation for both customers and shareholders.”
About Volue
Volue is a leader in software and data solutions that enable its customers to succees in the energy transition. Based on 50 years of experience, Volue provides innovative solutions, systems, and insights for industries critical to society. The company works with more than 2,500 customers across energy, power grid, water and infrastructure projects that ensure a sustainable, flexible, and reliable future. The company is headquartered in Oslo, Norway and is active in 40+ countries.
Volue is owned by Arendals Fossekompani (40%), Advent International and Generation Investment Management. For more information, visit www.volue.com
About Scanmatic
Since 1971 Scanmatic have delivered high-end solutions to demanding customers within Renewable Energy, Environmental Monitoring, Intelligent Traffic Solutions, Offshore and Defense. Scanmatic supply robust and reliable technology within instrumentation, control systems and advanced signal processing. Scanmatics core expertise lies in instrumentation and sensor technology, encompassing a broad spectrum of solutions and services for data collection, communication, monitoring, remote control, and automation.
For more information, visit www.scanamatic.com